Discussion in 'computers, web and general tech' started by cybershot, Aug 2, 2018.
Apple's market value hits $1 trillion
Now down in third place for worldwide smartphone sales though. Still, third place is not bad for a company that apparently has no idea how to even make a functioning charger never mind a functioning phone.
such a big number i don't know what it actually means, but apparently not just me:
'In British English, a trillion used to mean a million million million (i.e. 1,000,000,000,000,000,000). Nowadays, it's generally held to be equivalent to a million million (1,000,000,000,000), as it is in American English.'
What does one TRILLION dollars look like?
So rich and so little good done with all their cash.
A bit more perspective. If you'd invested 50 grand in Apple shares 10 years ago (Dec 2008) your shares would now be worth about a million quid.
I believe there are a couple of current Urbs who did exactly that.
Someone on here - I forget who - said Apple were a flop. They’d failed.
I can remember a few years ago when they just made macs for graphics people and never looked likely to produce a mass market product, just goes to show what some genuinely popular products can do for a company. Apple are no longer niche!
I also remember those times. It was a lot more than 'a few years ago'
editor is still living them m8, epic:thums:
I was in the shop in Regent Street on Friday at the “genius bar”. In the hour or so I was there I was struck by the amount of people purchasing such volume of high value items. Its not hard to see how they have become the biggest. It has to be the best business model for generating cash ever produced
Preying on gullible people? I think it's despicable.
Amazon joins the party!
Amazon strikes $1 trillion market cap, 4 weeks after Apple did the same
My small violin business will be up there in a year or three
That's nice. they can be the business role model for the next generation businessman.
Because it's Apple, silly. And massive corporates are supposed to act in the public interest at all times donating their profits to the needy.
Apple is now largely a public (ie shares) owned company there are still a small number of very wealthy shareholders who got in on the ground floor (the richest of them a guy called Levinson has to struggle to make ends meet on a mere quarter of a billion bucks), but most shares are now in the hands of funds and institutional shareholders.
Amazon is still largely owned and totally contolled by Bezos who is more than 500 times richer than all the top Apple dudes put together.
Yeah weird how the Apple haterz remained utterly silent on Amazon hitting a trillion in market cap...
Just a reminder: mutual ignore means you do not quote my posts or respond or refer to them. Consider yourself tipped off.
Apple isn't the first trillion dollar company, by the way. PetroChina was.
PetroChina makes its debut as world's first trillion-dollar firm
Now, however, it's about £200bn.
The thing with Apple was that they trousered that little bit extra for themselves by refusing to give any money to charity, and despite being seen as the coolest and the most influential brand in the known universe, failed to use their vast fortune to better the lot of anyone in their shitty exploitative supply chain. Samsung and the rest of them are just as bad - they're all cunts really - but none had the influence and cool clout of Apple.
And then there was all that wealth worshipping whooping every time an incremental upgrade to a phone was released.
Apple Support for Charity – MacRumors.com Help Center
That's about 1 day's profit they've donated to charities in 17 years. Hardly a contender for the Nobel prize
It's a shame he didn't live long enough to see that through to fruition.
What an utter cunt.
Yes. Making high end products that most of the world's population could never afford is really going to change the world for the better.
What an utter cunt
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