Previous in Forum: Printing Numbered Tickets   Next in Forum: Tesla Model 3 Dual Motor
Close
Close
Close
15 comments
Rate Comments: Nested
The Engineer
Engineering Fields - Engineering Physics - Physics... United States - Member - NY Popular Science - Genetics - Organic Chemistry... Popular Science - Cosmology - New Member Ingeniería en Español - Nuevo Miembro - New Member

Join Date: Feb 2005
Location: Albany, New York
Posts: 5060
Good Answers: 129

Apple Likely to Become the First Trillion Dollar Company Today

08/02/2018 11:02 AM

Apple recently had a good earnings call and the result seems to be Apple is steadily approaching a trillion dollar market capitalization. Currently, the stock price is $205.60 giving the company a value of $990,843,373,493. If it hits $207.05 the company will be worth 1 trillion dollars.

Apple gets most of its revenue from the iphone, but recently it's services platform has been generating a lot of revenue. It's an incredible number. I'm not sure if any old companies hit the mark if you adjust for inflation.

Register to Reply
Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.

"Almost" Good Answers:

Check out these comments that don't yet have enough votes to be "official" good answers and, if you agree with them, vote them!
Guru

Join Date: Mar 2007
Location: by the beach in Florida
Posts: 33392
Good Answers: 1817
#1

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/02/2018 11:48 AM

No, even adjusting for inflation, Apple is king, and the iphone is the reason...

https://www.marketwatch.com/story/how-the-list-of-americas-most-valuable-companies-has-changed-over-100-years-2017-11-16

__________________
All living things seek to control their own destiny....this is the purpose of life
Register to Reply
Guru
Hobbies - CNC - New Member Hobbies - DIY Welding - New Member Engineering Fields - Electromechanical Engineering - New Member

Join Date: Aug 2007
Posts: 23647
Good Answers: 420
#2
In reply to #1

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/02/2018 3:41 PM

Berkshire Hathaway knew what they were doing when they bought Apple when it was 94 a share... and soon after Samsung phones started to explode... one wonders if there is more to this story...

__________________
“ When people get what they want, they are often surprised when they get what they deserve " - James Wood
Register to Reply
Guru

Join Date: Mar 2007
Location: by the beach in Florida
Posts: 33392
Good Answers: 1817
#3
In reply to #2

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/02/2018 7:15 PM

Yes I would imagine if one has enough money to thoroughly research the market, one might find out certain deficiencies and advantages, but it's still a gamble...However a wise investor is always trying to stack the deck in his or her favor,, short of breaking any laws...Diversification and patience are key to success....

__________________
All living things seek to control their own destiny....this is the purpose of life
Register to Reply
Guru
Hobbies - CNC - New Member Hobbies - DIY Welding - New Member Engineering Fields - Electromechanical Engineering - New Member

Join Date: Aug 2007
Posts: 23647
Good Answers: 420
#4
In reply to #3

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 12:33 AM

It’s just that the word was Apple topped out, and it hay days are over., with over priced new iPhone 10,... dismal sales... Samsung just had too much going for their phone over Apple.

but when Berkshire made the large stock buy, goes to show what confidence in the market does, Apple stock returned to being a stock to own... and took off, and then And then Samsung battery became public Samsung phone batteries starting fires... and the rest is history...

__________________
“ When people get what they want, they are often surprised when they get what they deserve " - James Wood
Register to Reply
Power-User

Join Date: Nov 2011
Location: NASA-Glenn Research Center, Cleveland Ohio
Posts: 389
Good Answers: 17
#5
In reply to #4

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 8:14 AM

there were a couple of times apple almost went bankrupt. i remember back in the 80's.. now that would have been a good time to buy..

Register to Reply
Guru
Hobbies - CNC - New Member Hobbies - DIY Welding - New Member Engineering Fields - Electromechanical Engineering - New Member

Join Date: Aug 2007
Posts: 23647
Good Answers: 420
#13
In reply to #5

Re: Apple Likely to Become the First Trillion Dollar Company Today

11/27/2018 10:29 AM

If it wasn't for Bill Gate infusing cash into Apple, Apple would not exist.

__________________
“ When people get what they want, they are often surprised when they get what they deserve " - James Wood
Register to Reply
The Engineer
Engineering Fields - Engineering Physics - Physics... United States - Member - NY Popular Science - Genetics - Organic Chemistry... Popular Science - Cosmology - New Member Ingeniería en Español - Nuevo Miembro - New Member

Join Date: Feb 2005
Location: Albany, New York
Posts: 5060
Good Answers: 129
#7
In reply to #4

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 9:09 AM

It's true the iPhone 10 sales were lower than previous models, but their profit margin on that phone was much higher, so they actually made more profit from it. At the end of the day it's the bottom line that matters.

That said, it's gonna be tough to keep generating the sort of profits necessary to keep a one trillion dollar market cap. The good news for them is, if the fall on hard times, they've got 250 billion in the bank.

Register to Reply
The Engineer
Engineering Fields - Engineering Physics - Physics... United States - Member - NY Popular Science - Genetics - Organic Chemistry... Popular Science - Cosmology - New Member Ingeniería en Español - Nuevo Miembro - New Member

Join Date: Feb 2005
Location: Albany, New York
Posts: 5060
Good Answers: 129
#6
In reply to #3

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 9:05 AM

"Diversification and patience are key to success...."

I agree. And hard work. People seem to try to avoid the hard work part, but as far as I've seen, there is no getting around it.

Register to Reply
Guru

Join Date: Mar 2007
Location: by the beach in Florida
Posts: 33392
Good Answers: 1817
#8
In reply to #6

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 9:54 AM

..." Hard work is its own reward"...

I owe my healthy life, in no small part I believe, to my willingness to get up every day and work hard all day long....If you're not sweating, you're not really working hard...

__________________
All living things seek to control their own destiny....this is the purpose of life
Register to Reply
The Engineer
Engineering Fields - Engineering Physics - Physics... United States - Member - NY Popular Science - Genetics - Organic Chemistry... Popular Science - Cosmology - New Member Ingeniería en Español - Nuevo Miembro - New Member

Join Date: Feb 2005
Location: Albany, New York
Posts: 5060
Good Answers: 129
#9
In reply to #8

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 10:09 AM

If you're not sweating, you're not really working hard...

I got to disagree with you there. I don't sweat when I work but I have to concentrate a lot on what I'm doing. I do make time during the day for exercise because I agree that it's good for your health to break a sweat every day.

I think if you push yourself mentally or physically or both every day, that's where you get the real health benefits. The saying "hard work is its own reward" is the truth. There's a pride that comes with working hard that's worth more than the money you get (though still give me that money too!).

Register to Reply
Guru

Join Date: Mar 2007
Location: by the beach in Florida
Posts: 33392
Good Answers: 1817
#11
In reply to #9

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 1:41 PM

Physical exercise enhances mental clarity...

__________________
All living things seek to control their own destiny....this is the purpose of life
Register to Reply
Guru
Hobbies - CNC - New Member Hobbies - DIY Welding - New Member Engineering Fields - Electromechanical Engineering - New Member

Join Date: Aug 2007
Posts: 23647
Good Answers: 420
#14
In reply to #8

Re: Apple Likely to Become the First Trillion Dollar Company Today

11/27/2018 10:35 AM

There are different types of ’work.’

I would spend my vacation on the farm doing physical work. I love it; at the end of the day, I was physically exhausted, slept great, woke up sore in the morning and went back at it.

I never said this to my family, but I'd take the physical tasks over mental tasks every day. To recover from mental exhaustion was difficult. Fortunately, I work smarter now...

__________________
“ When people get what they want, they are often surprised when they get what they deserve " - James Wood
Register to Reply
Guru
Engineering Fields - Optical Engineering - Member Engineering Fields - Engineering Physics - Member Engineering Fields - Systems Engineering - Member

Join Date: Apr 2010
Location: Trantor
Posts: 5363
Good Answers: 647
#10

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 12:34 PM

Not mine. Saw this on da innerwebz. So true.

__________________
Whiskey, women -- and astrophysics. Because sometimes a problem can't be solved with just whiskey and women.
Register to Reply Score 1 for Good Answer
Guru

Join Date: Mar 2007
Location: by the beach in Florida
Posts: 33392
Good Answers: 1817
#12

Re: Apple Likely to Become the First Trillion Dollar Company Today

08/03/2018 3:42 PM

__________________
All living things seek to control their own destiny....this is the purpose of life
Register to Reply
Member

Join Date: Feb 2019
Posts: 5
#15
In reply to #12

Re: Apple Likely to Become the First Trillion Dollar Company Today

02/27/2019 8:31 AM

And the company began with a small garage. What are they youngsters. The main competitor is now Samsung and the gap is very large. I began my sales project https://best-vegas.com/. I hope someday I will get the same cash feedback as the company Apple.

Register to Reply
Register to Reply 15 comments

"Almost" Good Answers:

Check out these comments that don't yet have enough votes to be "official" good answers and, if you agree with them, vote them!
Copy to Clipboard

Users who posted comments:

Bayes (3); JosephSager (1); phoenix911 (4); setlock77 (1); SolarEagle (5); Usbport (1)

Previous in Forum: Printing Numbered Tickets   Next in Forum: Tesla Model 3 Dual Motor

Advertisement