Apple Is $100 Billion Away from Becoming World’s Only Trillion Dollar Company

Megalith

Megalith

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Wall Street analysts think that Apple shares will soon rise enough for the company to reach a trillion-dollar valuation: Drexel Hamilton analyst Brian White forecasts that Apple could be a $1.2 trillion company within a year, while RBC Capital Markets analyst Amit Daryanani is equally as optimistic.

Apple could be the world's only trillion-dollar company, but it wouldn't be the first. The spice trading Dutch East India Company, founded in 1602, was the first to go public and at one point was valued at over $7 trillion when adjusted for inflation. Wall Street analysts, including White, have been prognosticating Apple becoming a trillion-dollar company since as early as 2012.
 
I love it when they say Apple won't be the first just because of some inflation adjusted bullshit about a company 400 years ago, I mean really. So let's set the record perfectly straight:

APPLE COULD BECOME THE VERY FIRST ACTUAL NO BULLSHIT NO GOOFING OFF PUBLICLY TRADED COMPANY IN THE HISTORY OF THIS WORLD TO EXCEED ONE TRILLION US DOLLARS IN VALUATION

There, see how simple that is? :D
 
I'm sure they'll get there soon enough with all the morons buying their $1000+ phones. People buying them are just paving the way to $1200+ phones next year and so on, but I guess that's fine as long as you can only pay $40+/month for 2+ years to make it affordable, right? :rolleyes:
 
The Apple fan-boys who are somehow "proud" of this fact are what kill me here. Apple has proved to be the most successful company at separating users from their money in modern history. Shouldn't this record make people upset about the markup and lack of innovation?
 
T4rd said:
I'm sure they'll get there soon enough with all the morons buying their $1000+ phones. People buying them are just paving the way to $1200+ phones next year and so on, but I guess that's fine as long as you can only pay $40+/month for 2+ years to make it affordable, right? :rolleyes:
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Well, my note 8 was $1k, but with the $300 off, $700 for a phone I use for 2-4 hours a day for work, it's completely worth it. for the average joe, I havent understood the cell phone market for years. people who dont do what i do for work, but drop $1000 on a phone just blow my mind.
 
ITT: Butthurt Anti-Apple posters.

"Obsolete", "Blind", "sheep" are common terms tossed around by "Android sheep" (and there are a lot of them, more so than Apple users). This coming from a user that has no allegiance to either side, I use a Note 5. Blind Android fanboys are the most annoying IMO.
 
sean.b said:
Well, my note 8 was $1k, but with the $300 off, $700 for a phone I use for 2-4 hours a day for work, it's completely worth it. for the average joe, I havent understood the cell phone market for years. people who dont do what i do for work, but drop $1000 on a phone just blow my mind.
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Notes were $940 most places at launch, but quickly dropped by $100-$200 in the first couple months at least for unlocked models. You won't see any price drops like that for Apple devices. But even if you get in on some carrier promo for $300+ off the phone (say for a trade in or whatever), the manufacture is still getting that full $940+ price for the phone since the carrier is effectively subsidizing the rest, which only reinforces OEM's to keep selling phones at these exorbitantly high prices, which in turn will lead to more price increases as they continue to sell more phones. So even if I was willing to pay full price for a high end phone like that, I certainly wouldn't buy it new from any retailer just so I'm not supporting those price points.
 
refraxion said:
ITT: Butthurt Anti-Apple posters.

"Obsolete", "Blind", "sheep" are common terms tossed around by "Android sheep" (and there are a lot of them, more so than Apple users). This coming from a user that has no allegiance to either side, I use a Note 5. Blind Android fanboys are the most annoying IMO.
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Uh. Who TF would be an Android Fanboy? Only one around here that is sounding like a fanboy is refraxion...oh wait, that's you.
 
Bandalo said:
The Apple fan-boys who are somehow "proud" of this fact are what kill me here. Apple has proved to be the most successful company at separating users from their money in modern history. Shouldn't this record make people upset about the markup and lack of innovation?
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Separating consumers from money is kind of the entire goal of every single for-profit company on the planet. As long as people still like their products why would they be upset? No real reason to be "proud" about it either, but whatever. Apple is damn good at making money. Good for them. Neither of the new iPhones compel me to enough to spend money on them, so I don't. Simple as that. No reason to get upset because they don't specifically cater to me or what I'd want in them.
 
Derangel said:
Separating consumers from money is kind of the entire goal of every single for-profit company on the planet. As long as people still like their products why would they be upset? No real reason to be "proud" about it either, but whatever. Apple is damn good at making money. Good for them. Neither of the new iPhones compel me to enough to spend money on them, so I don't. Simple as that. No reason to get upset because they don't specifically cater to me or what I'd want in them.
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Proud of the product you purchased? Sure, that makes sense. Being proud that the company you got the phone from is one of the richest on the planet? That's silly. You're not part of the Apple family. You're not on their team.
 
Happy to be a continuing contributor to Apple's 1 trillion dollar march. Have preorder for multiple X phones.

I'm in love with a company that maintains a healthy profit margin for everything they sell. They are not a subscriber of "making it up on volume" fallacy even though they do sell the most phones simly by making the phones that the public loves.
 
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grtitan said:
All that money and they cannot produce a real desktop Mac.
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I could use a real desktop Mac for work. I want a tower with a Threadripper, 64 GB ram, etc. The Hackintosh systems I've seen run circles about what they can sell. Right now, it's either a Mac Mini (overprice, underpowered) or an iMac (not really upgradeable - although you can upgrade the RAM). Mac Pro? Overpriced and not a good workstation. Macbook Pro? Goddamn I hate the TouchBar. Give me a freaking ESC key so I can use vi. The virtual ESC key sucks.
 
Meanwhile, the Paradise papers show that Apple has stolen over $250 BILLION from America (they've stolen from other nations as well)... and that's not counting the previous numbers which would total to roughly $470 billion... All companies and individuals combined in just America alone in the paradise papers total over $3 trillion of stolen taxes(the papers show the global oligarchy has stolen from numerous other nations as well), while making hard working Americans pay for what the 1% stole... Redistribution of wealth is real, but it's not going in the direction fear mongers want to claim its going. It's time to close these loopholes, stop letting these mega corporate conglomerates buy out other companies with stolen money, and bring back the FDR and Eisenhower tax system during Americas "Great Prosperity" in order to make these companies/invidivuals pay their fair share, and to keep that money constantly being reinvested, vs being stolen from the country just to sit in a foreign bank collecting dust.
 
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steakman1971 said:
I could use a real desktop Mac for work. I want a tower with a Threadripper, 64 GB ram, etc. The Hackintosh systems I've seen run circles about what they can sell. Right now, it's either a Mac Mini (overprice, underpowered) or an iMac (not really upgradeable - although you can upgrade the RAM). Mac Pro? Overpriced and not a good workstation. Macbook Pro? Goddamn I hate the TouchBar. Give me a freaking ESC key so I can use vi. The virtual ESC key sucks.
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Someone gets it, unlike the unhappy dude back there.
 
face2palm said:
Uh. Who TF would be an Android Fanboy? Only one around here that is sounding like a fanboy is refraxion...oh wait, that's you.
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It's easy to tell who's a fanboy of what platform:

iPhone fanboys love their iPhones.
Windows Phone fanboys love their Windows Phones.
Blackberry fanboys love their Blackberries.
Android fanboys hate others' iPhones.
 
Tiberian said:
I love it when they say Apple won't be the first just because of some inflation adjusted bullshit about a company 400 years ago, I mean really. So let's set the record perfectly straight:

APPLE COULD BECOME THE VERY FIRST ACTUAL NO BULLSHIT NO GOOFING OFF PUBLICLY TRADED COMPANY IN THE HISTORY OF THIS WORLD TO EXCEED ONE TRILLION US DOLLARS IN VALUATION

There, see how simple that is? :D
Click to expand...

East India Company was no bullshit. Dutch or British.
 
Tiberian said:
I love it when they say Apple won't be the first just because of some inflation adjusted bullshit about a company 400 years ago, I mean really. So let's set the record perfectly straight:

APPLE COULD BECOME THE VERY FIRST ACTUAL NO BULLSHIT NO GOOFING OFF PUBLICLY TRADED COMPANY IN THE HISTORY OF THIS WORLD TO EXCEED ONE TRILLION US DOLLARS IN VALUATION

There, see how simple that is? :D
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It's like beating a record lap time by shortening the track. I guess it's cool in some Dr Evil manner to see that a company is worth $1 Trillion dollars, but in reality it's just a consequence of the system in which they operate and nothing especially significant.
 
vegeta535 said:
Why when they are probably making 1000% mark up on obsolete hardware that people are still blindly buying.
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People aren't buying it blind. They're simply being nickle and dimed to death. Credit cards have enabled idiot purchasers to only see a little bit of the cost per month. The customer doesn't realize the total, just like they don't realize how much they're paying to the banks in interest. All they care about, is getting what they want, for what they can afford to pay per month.
Bandalo said:
Proud of the product you purchased? Sure, that makes sense. Being proud that the company you got the phone from is one of the richest on the planet? That's silly. You're not part of the Apple family. You're not on their team.
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You're wrong. People identify with what they pay for. Look at all the sports nuts who proudly proclaim, 'WE WON! WE WON!' When the local team (who's getting rich charging $300 for a ticket to a paid off stadium) wins a game. The fan didn't win ANYTHING. But they like to pretend that the success of the team (or their product) will somehow rub off on them so their friends will like them better. Look at all the nutcases who act proud to own an iphone. Like it's some sort of status symbol that will magically make people admire them.

Lots of people are idiots. And even smart people can behave like idiots. Apple profits from all of them, because it gives them what they want: A product that works, most of the time, without having to learn a lot about it.
 
Well finding creative, albeit legal, ways to dodge paying taxes will tend to allow your company to gain wealth/worth. I mean hell if I was allowed to put my entire paycheck pre-taxes into my house and call it an "reinvesting in myself" and then go neaner neaner you can't tax that. I'd be living in a pretty swanky house now.
 
sean.b said:
Well, my note 8 was $1k, but with the $300 off, $700 for a phone I use for 2-4 hours a day for work, it's completely worth it. for the average joe, I havent understood the cell phone market for years. people who dont do what i do for work, but drop $1000 on a phone just blow my mind.
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They need a better smartphone for when they drive. Duh!
 
nightfly said:
You're wrong. People identify with what they pay for. Look at all the sports nuts who proudly proclaim, 'WE WON! WE WON!' When the local team (who's getting rich charging $300 for a ticket to a paid off stadium) wins a game. The fan didn't win ANYTHING. But they like to pretend that the success of the team (or their product) will somehow rub off on them so their friends will like them better. Look at all the nutcases who act proud to own an iphone. Like it's some sort of status symbol that will magically make people admire them.

Lots of people are idiots. And even smart people can behave like idiots. Apple profits from all of them, because it gives them what they want: A product that works, most of the time, without having to learn a lot about it.
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I can see it with the sports teams, because their goal is entertainment. The teams make money, but they make money by being entertaining, and you're paying money to watch the show.

With a tech company though, you're paying for the hardware or software. So liking the device and being proud of it is one thing. Being proud of the engineering accomplishments of a company is one thing. Being proud of how much money that company is worth though? That's like being proud of the fancy gaming floor and tables in the casino that just took all your money.
 
Bandalo said:
The Apple fan-boys who are somehow "proud" of this fact are what kill me here. Apple has proved to be the most successful company at separating users from their money in modern history. Shouldn't this record make people upset about the markup and lack of innovation?
Click to expand...

I wonder how many people who bemoan income inequality own iPhones?
 
Apple won't be the trillion dollar company if their entire Mac/iPhone production were made only in USA.
 
Bandalo said:
I can see it with the sports teams, because their goal is entertainment. The teams make money, but they make money by being entertaining, and you're paying money to watch the show.

With a tech company though, you're paying for the hardware or software. So liking the device and being proud of it is one thing. Being proud of the engineering accomplishments of a company is one thing. Being proud of how much money that company is worth though? That's like being proud of the fancy gaming floor and tables in the casino that just took all your money.
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Could be a shareholder. Just sayin'.
 
it was more a critique of all companies that pull money out of our economy and sit on it over seas than specifically talking about apples' value
 
Dullard said:
I wonder how many people who bemoan income inequality own iPhones?
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A lot of them are against the corporate overlords like Microsoft and Google, so they go to Apple, which is the friendly company. They aren't the underdog anymore. They became what those hipster fucks hate.

I like the iPhone. I have a 6S Plus. Works great for my needs. I loved my Windows Phone and the Androids I had before that. I want an iPhone X, but I'll wait a while on that one.
 
Exactly. Now if this forum actually had people who can see both sides without bashing Apple or Android, there wouldn't be a need for labels.
 
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