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I’m sure we’ll also hear about Saudi Aramco’s $3 trillion valuation.

There was also the Dutch East India Company, the Mississippi Co. and the South Sea Co. back in the 17th century.

If someone wants to rely on one of these to try to take away from Apple’s accomplishment (if/when it happens) I wouldn’t bother arguing with them. If it’s that important to them to diminish Apple’s success, I’m fine with “The first publically-listed US company to reach a trillion dollar valuation”.

It’s a nice milestone, but a trillion dollars isn’t cool. You know what’s cool? $10 trillion :D
Thus why it was posted as a question and not a statement of fact.
For me there was some ambuguity in the main article when phrased “arguably”.
But if you want to make assumptions as to intent won’t “bother arguing”.
Thanks to WildCowboy pfor meaningful response.!
 
If I could, I would massively short Apple right now. Without some major new product lines (not talking homepods or apple watches etc), I don't really see how things can go up from here. A single company surely can't continue dominating an entire industries profits forever. I can't think of any companies in history that have done this for significant length for a particular major industry throughout history.
 
The Dutch East India Company would be the first trillion dollar company, by a long shot. In today’s value it was worth $7.4 Trillion at its peak.

https://www.sovereignman.com/trends...n-would-be-worth-over-7-trillion-today-15654/

If someone’s thinking “but they failed”, I’d wager Apple won’t be around in a couple hundred years either.

Side note: this website Sovereign Man is absolutely brilliant for financial education and insight, a topic severely lacking today (probably on purpose)
 
Thus why it was posted as a question and not a statement of fact.
For me there was some ambuguity in the main article when phrased “arguably”.
But if you want to make assumptions as to intent won’t “bother arguing”.
Thanks to Wildcowboy for meaningful response.!
I wasn’t replying to you, I was addressing what I expected to hear from the usual Apple-hate crowd. I don’t know why you saw yourself in the statement “if someone wants to try to take away from Apple’s accomplishment”...

If I’d thought that’s what you were trying to do, I would have addressed my reply to you.
 
Lowering prices would help a LOT!!!

Absolutely not! If anything Apple should continue to raise them to increase profits. The iPhone brand is very strong and people will pay $1000+ easily for the next model. I don’t give Tim Cook much credit, but he has done a great job leveraging the brand for maximum profit. When you’ve got something that can’t fail make all you can off of it.
 
Repeating a post I made quite a bit earlier in the forums... Hard to imagine the any company will have bought back $372 Billion in shares. Pretty sure Warren Buffet is very pleased. Previously:

Disturbing. Since 2012 Apple has bought back about $272 Billion in stock. Given the windfall from 2018's US tax forgiveness, Apple is repatriating its foreign profits, and has announced another $100 Billion stock buy back. In all, Apple will have bought back nearly $400 Billion in stock. Apple also substantially increased dividend payments with the 2018 windfall. May be a good argument next time you need it (e.g. anyone in the EU with a 2016 or later MBP keyboard). Forsaking real compliance with EU laws in order to boost share price. Not nice at all.
 
If I could, I would massively short Apple right now. Without some major new product lines (not talking homepods or apple watches etc), I don't really see how things can go up from here. A single company surely can't continue dominating an entire industries profits forever. I can't think of any companies in history that have done this for significant length for a particular major industry throughout history.

Most analysts know that Apple is hugely undervalued considering their enormous sales and profit margins. But sure you can short them if you want.
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So the more shares they buy back, the less the company is worth. Hmmm...so if they were to buy back all of the shares, would the company be worth nothing? ;)

Not really how it works. Theoretically speaking, Apple buying back shares just decreases the pool of available stock and the price/share rises to compensate. And if Apple bought back all their shares they actually would be worth nothing from the POV of investors, since it would cease to be a publicly-traded company.
 
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Does this count?
“But Apple would not be the first publicly traded company in the world to surpass the trillion dollar mark.

Oil giant PetroChina (PTR) briefly topped a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged afterward.”

It doesn't count because PetroChina wasn't and still isn't a 100% publicly owned company, a part of the company is owned by the Chinese government, which means they decide how much the company is worth.
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Based on multiplying the latest total by Apple's closing stock price today of $201.50, the iPhone maker has a market cap of roughly $973 billion, making it ever so close to becoming a trillion dollar company.
This article is already outdated, it's now worth $990 billion, you should had bought AAPL. The
 
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If you are not an Apple Stock Holder, this is of no consequence to you...none at all

Doesn’t mean I can’t acknowledge a reign of excellence when I see one.

If I could, I would massively short Apple right now. Without some major new product lines (not talking homepods or apple watches etc), I don't really see how things can go up from here. A single company surely can't continue dominating an entire industries profits forever. I can't think of any companies in history that have done this for significant length for a particular major industry throughout history.

Apple’s on a roll right now and there’s really no way but up for them.

One bets against Apple to their own detriment.
 
Apple’s releases later this year will push them over the mark I reckon. Lots of new releases to excite the market and maybe, just maybe, something to surprise many of us.

Just gut feel, but I reckon something new is coming....

Irrational emotion and FOMO will push them over the mark. No need for new product. The $1T market cap is happening this quarter. And then there will be a correction/sell-off. Ain’t skeered.

There is a certain gravitational pull towards a milestone like this, just as there is after a split - when in reality, it means very little to what the actual share price should be.

It’s all good. Those of us along for the long haul are probably enjoying the scenery as the train rumbles along. When AAPL dips near my cost basis in the 40’s I’ll start to pay closer attention...
 
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If you are not an Apple Stock Holder, this is of no consequence to you...none at all
What a pointless comment

For all you know they are and therefore are deserving of their delight. I am anyway and I certainly welcome this impending milestone as both a customer and a share holder.
 



Apple has filed its quarterly 10-Q form with the U.S. Securities and Exchange Commission today, confirming that the company has a total of 4,829,926,000 outstanding shares on the stock market as of July 20, 2018. That's down from 4,915,138,000 shares three months earlier as Apple has continued to buy back its own stock.

apple_investor_news.jpg

Based on multiplying the latest total by Apple's closing stock price today of $201.50, the iPhone maker has a market cap of roughly $973 billion, making it ever so close to becoming a trillion dollar company.

The exact moment that Apple crosses the trillion dollar mark will be difficult to determine, as Apple continues to buy back and retire shares, reducing the number of outstanding shares. The total reflected in the 10-Q form is already nearly two weeks old, and has likely decreased over that time.

Everyone from investors to fanatical customers has been closely watching the AAPL ticker on the stock market to see if Apple will become the world's only and arguably first publicly traded company with a trillion dollar valuation. Tech rivals Amazon, Microsoft, and Google parent company Alphabet are also in the race.

For now, the wait for $1,000,000,000,000 continues, but it doesn't look like it will take much longer for Apple to pull off the feat.

Article Link: Apple's March to Trillion Dollar Market Cap May Take a Bit Longer Based on Latest Share Count
 
It's a shame as the valuation rises, the quality of the products is dropping.

Funny, isn’t it?

Or maybe the product is simply improving in a direction which you don’t really care for, but which tons of other people do?
 
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Funny, isn’t it?

Or maybe the product simply isn’t improving in a direction which you don’t really care for, but which tons of other people do?

I'm glad you picked up on that. Very true, Apple should be following the direction I dictate at all times. They'd be foolish not too.
 
As soon as they hit $1T, the Mac lineups will improve! They just needed money....right? /s
 
Well, it happened:
 

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