Apple is first public company worth $1 trillion

https://www.bbc.co.uk/news/business-45050213

Apple has become the world's first public company to be worth $1 trillion on Thursday.

The iPhone maker's market capitalisation reached the figure in afternoon trading in New York as its shares rose above $207.

The stock has risen about 9% since Tuesday when it reported better than expected results for the three months to June.

Apple's stock has risen more than 50,000% since it first listed in 1980.

That compares with a (mere) 2,000% rise for the S&P 500 in the same period.

 

[Alec Benson Leary]

Steve Jobs knew what he was doing in 97 when he cancelled all the company's charitable efforts and started using chinese child slave labor to build his toys.

And when he convinced his woke customers those slave-made toys were still okay to buy.

 

[ForgottenAcct]

Apple products are garbage but the OS is okay.
Also, I'm surprised Apple was the first public company to take that cap.

 

[NOT Sword Fighter Super]

Steve Jobs knew what he was doing in 97 when he cancelled all the company's charitable efforts and started using chinese child slave labor to build his toys.

And when he convinced his woke customers those slave-made toys were still okay to buy.

Apple cultists are the best kind of hypocrites, because they tend to be bleeding hearts.

 

[Bassomatic]

Who'd have thought, the marketing idea of dyson (same mind set of as seen on TV making non problems into huge issues you need to buy to fix) with computers would have worked?

hell this is the same company that said "you know how you can get free music online? We have a hip new idea you pay for it!" and it fucking worked....

While I don't have any real strong feelings towards apple products (my mac book pro from grad school that's an 07 still works great and I was gifted a retired imac for my work bench to use I'm a PC user normally) I can't knock them at all for building a brand that almost litearlly has a cult following.

I know people who are into comps have real love hate of the company and it's software. I also too am a bit shocked they were the first but assumed they would have been in the top 5 to do so.

Now the economist in me wants to figure out inflation if any company has beat them to it in 2018 bux.

 

[Haramburger]

Apple products are garbage but the OS is okay.
Also, I'm surprised Apple was the first public company to take that cap.

I'm the reverse; I dislike the OS, but their mobile products were leading the charge in design & quality. The first iPods, iPhones & iPads had the best batteries, screens, interfaces & support. The asians stole their secrets and made it their own, but it took a little time to play catch-up. Fuck their desktops though.

 

[Cake Farts]

I'm the reverse; I dislike the OS, but their mobile products were leading the charge in design & quality.

UI is good and clean but their designs are retarded af

 

[Trans Fat 41g]

Apple cultists are the best kind of hypocrites, because they tend to be bleeding hearts.

Go to the PhoneArena comments section, it's pure fucking gold just to watch all the speds and blatant trolls try to defend Apple's honor every time you point out a common shitty tactic every corporation is guilty of. Even with this "amazing news" put on the front page of every hipster gadget blog, the internet bloodsports of consumer tech autism is at full force. Apple is just more successful with their bitch moves than others are when it comes to "minimalism" and "integration". I'll give Apple credit on one other thing: The iPad is arguably more intuitive than any non-Samsung Android tablet out there, barring the other exceptional design decisions that affect all of their devices equally. The iPhone SE and a refurb or secondhand iPhone 7 are probably the only iPhones anyone should ever buy in 2018 because you aren't going to be forced to spend another hundred to two hundred for a complete experience, maybe just a few more on a dongle for the latter. If rumors of the 2018 models are true, Apple are going to include the fast charging out of the box. You had to spend an additional one-fifty for fast charging for the iPhone 8 and 10 models last year. Let's see how the cult of Apple tries to rationalize this.

It'll be something like "oh look fuel for the haters who can't afford anything".

 

[Haramburger]

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UI is good and clean but their designs are exceptional af

proprietary jacks and not including drives is bad, I agree. I meant things like the first iPads having the best mobile screens and batteries vs. other tablets of their day.

first iPhone also shit all over Blackberry & the T-Mobile Sidekick

 

[Antipathy]

Wow, who knew making cheapshit phones, overcharging for them, and not paying their child slave workers at FOXCON would let Apple make tons of money?

Oh, right. Everyone.

 

[tehpope]

This feels like some one is over inflating numbers. Just remember, companies like AOL and Motorola were valued extremely high at one point. Just like them, Apple will eventually crash and burn. Papa Jobs isn't around to bail the company out a second time.

Though with Motorola, it was long, sustain value, since they were the leaders in the communication sector for literal decades (30s-00s).

 

[Slap47]

Wow, who knew making cheapshit phones, overcharging for them, and not paying their child slave workers at FOXCON would let Apple make tons of money?

Oh, right. Everyone.

OWS mourned the death of Steve Jobs, a stereo-typically abusive and aggressive slave-using businessman and later crusaded against a sandwich company over some donations.

The trendy upper middle class left is presumably just retarded.

 

[Calooby]

I'm losing hope in humanity. Richard Stallman's pants must smell like foot fungus shit by now.

 

[REGENDarySumanai]

Still not buying their stuff though. Screw the thought process that screws over repairmen.

 

[Xetzyr]

This is only because Apple has been aggressively expanding into foreign markets, primarily China and India. They have to though, because Apple burns the markets they touch. That's why their bubble won't last, because eventually they'll burn through EVERY market and all that'll be left are the religious like zealots too ignorant and too stupid to wizen up.

Also keep in mind they continuously LIE to their investors to keep their bubble up.

Watch this...

http://www.macrumors.com/2015/09/03/iphone-us-market-share-comscore-2015/

"iPhone Continues to Increase Lead in U.S. Smartphone Market Share Ahead of 'iPhone 6s' Debut"

Take a look at the originating link, then take a look at the sources on that link. They're pulling their supposed sales figures from a company called "mobile metrix" and "mobilelense".

Coincidentally, if you click on the originating sources they plainly state...

"self-reported survey responses"

Even worse, they've got even MORE bullshit bloat text to try and "explain" the fact that their surveys are constructed to match what the purchaser WANTS to see, rather than actual reality (that whole bit about 'expected perception').

Meaning you click on the survey to get your "FREE WIDGET" or whatever and then if you don't supply answers to the survey that they're looking for your survey is in turn REJECTED!

They're not even using the "clever" faulty code scam (where the submission buttons magically stop working), they just point blank tell you that your survey didn't match their criteria and reject it outright!

LOL... seriously... this is how fucking stupid Apple-tards investors are. Their ENTIRE stock value is inflated with methane from all the BULLSHIT they churn out.

 

[CWCchange]

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UI is good and clean but their designs are exceptional af

LOL, have you seen the Mac Pro since 2013? It appropriately looks like a trash can. Ever since Jobs died, Apple has been going the way of where it was in the early to mid-1990s, where everything started to look like shit after dropping the "Snow White" ａｅｓｔｈｅｔｉｃ and releasing mediocre software only slightly better than Windows 9x stuff. When Jobs returned and released those ugly iMacs, even they looked good.

While it doesn't help that EVERYBODY copies Apple to the point they have to keep being original, without Steve Jobs being the giant dick who pushed his engineers to near-suicide, it just doesn't have that "magic" to make consumers orgasm at the sight. It's no wonder they've also lost second place to a ChiCom company nobody heard about called "Oppo."

 

[dunbrine47]

Now the economist in me wants to figure out inflation if any company has beat them to it in 2018 bux.

I'm guessing it's going to be one of the Robber Barron Gilded Age companies like Standard Oil.

 

[awoo]

Hell this is the same company that said "you know how you can get free music online? We have a hip new idea you pay for it!" and it fucking worked....

People will pay for music, games, movies if they are easy and convenient to obtain AND DRM-free. Believe it or not most people would rather use Netflix than pirate movies. I support digital content being sold without DRM over piracy.

This feels like some one is over inflating numbers. Just remember, companies like AOL and Motorola were valued extremely high at one point. Just like them, Apple will eventually crash and burn. Papa Jobs isn't around to bail the company out a second time.

Though with Motorola, it was long, sustain value, since they were the leaders in the communication sector for literal decades (30s-00s).

This is only because Apple has been aggressively expanding into foreign markets, primarily China and India. They have to though, because Apple burns the markets they touch. That's why their bubble won't last, because eventually they'll burn through EVERY market and all that'll be left are the religious like zealots too ignorant and too stupid to wizen up.

Also keep in mind they continuously LIE to their investors to keep their bubble up.

Watch this...

http://www.macrumors.com/2015/09/03/iphone-us-market-share-comscore-2015/

"iPhone Continues to Increase Lead in U.S. Smartphone Market Share Ahead of 'iPhone 6s' Debut"

Take a look at the originating link, then take a look at the sources on that link. They're pulling their supposed sales figures from a company called "mobile metrix" and "mobilelense".

Coincidentally, if you click on the originating sources they plainly state...

"self-reported survey responses"

Even worse, they've got even MORE bullshit bloat text to try and "explain" the fact that their surveys are constructed to match what the purchaser WANTS to see, rather than actual reality (that whole bit about 'expected perception').

Meaning you click on the survey to get your "FREE WIDGET" or whatever and then if you don't supply answers to the survey that they're looking for your survey is in turn REJECTED!

They're not even using the "clever" faulty code scam (where the submission buttons magically stop working), they just point blank tell you that your survey didn't match their criteria and reject it outright!

LOL... seriously... this is how fucking stupid Apple-tards investors are. Their ENTIRE stock value is inflated with methane from all the BULLSHIT they churn out.

Peiple have been calling Apple overpriced since the 2000s. It has proved to be a reliable and well priced stock that is still growing solidly. The conpany is not going away even if you think it's too pricey.

 

[usernames can change now!]

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UI is good and clean but their designs are exceptional af

Your images ironically criticize two of the best decisions Apple made, which was to ditch the giant flimsy 30 pin iPhone connector, and drop the increasingly useless disk slot. Criticize their actual fuckups, like a wireless mouse you can't use while charging.

 

[Xetzyr]

Peiple have been calling Apple overpriced since the 2000s. It has proved to be a reliable and well priced stock that is still growing solidly. The conpany is not going away even if you think it's too pricey.

Uh... not really, since the dot com bust Apple's stock has taken at least two MAJOR tumbles, once in 2012 and again in 2015... they're about due for another drop. Apple hires a LOT of very smart people though to work the system, primarily on the marketing side, to keep up the facade/bubble... but I have serious doubts they'll be able to maintain it for very much longer, especially after they burned through the US market like it was kindling. Their sales now are primarily driven by China. There are only so many markets they can burn through. I would hardly call them a sustainable/long term investment. I'd say if they don't figure out something new/innovative here soon, like within the next 7 years, they're gonna hit hard.

There's a lot of potential though for them, given how much capital they have to play with, like they could start making variable pixel brightness displays, texture printers, transparent/bendable displays, cloth keyboards, laser keyboards, BumpTop style OS, etc, etc. There's lots of neat tech available and potential tech that they could come out with some really mind blowing stuff... instead they keep doing reruns.

I mean, really, it's been nearly a decade, where's my 3D interactive desktop?

Here's a good idea for them... ditch the keyboard. Turn the keyboard into a second display... an interface display. It could double as a keyboard, BumpTop style OS interface, etc. Sort of like using an iPad as the interface for a desktop computer. And then make it so that part of the computer is mobile, so you basically take the "keyboard" with you and then bring it back.

Shit... I should work for Apple!