Economy 52,926 Posted July 31, 2020 Share Posted July 31, 2020 https://www.google.ca/amp/s/oilprice.com/Energy/Energy-General/Apple-Overtakes-Saudi-Aramco-As-The-Worlds-Most-Valuable-Company.amp.html Apple has surpassed Saudi Aramco as the most valuable company in the world with a market cap of $1.8 Trillion Link to post Share on other sites More sharing options...
Guest Posted July 31, 2020 Share Posted July 31, 2020 Glad I helped contribute <3 also dude I was eating chocolate a few days and thought about you.. have you gotten a chocolate fix yet?? Link to post Share on other sites More sharing options...
papergangster 2,823 Posted July 31, 2020 Share Posted July 31, 2020 I remember using the colored desktops in my school’s library years ago. Link to post Share on other sites More sharing options...
Economy 52,926 Posted July 31, 2020 Author Share Posted July 31, 2020 Just now, monster said: Glad I helped contribute <3 also dude I was eating chocolate a few days and thought about you.. have you gotten a chocolate fix yet?? I just ate a Chocolate icecream sandwich does that count? Also I used to contribute but I decided to no longer buy their overpriced sh*t. $1000 to $2000 for new phones that last 2 years at good performance if ur lucky? Keep it Link to post Share on other sites More sharing options...
Sepsami 21,001 Posted July 31, 2020 Share Posted July 31, 2020 I can't even comprehense how much money a trillion is Link to post Share on other sites More sharing options...
Guest Posted July 31, 2020 Share Posted July 31, 2020 Just now, Economy said: I just ate a Chocolate icecream sandwich does that count? Also I used to contribute but I decided to no longer buy their overpriced sh*t. $1000 to $2000 for new phones that last 2 years at good performance if ur lucky? Keep it I got an iphone x and its literally a dream ahah and yass! jealous of u Link to post Share on other sites More sharing options...
Economy 52,926 Posted July 31, 2020 Author Share Posted July 31, 2020 1 minute ago, Sepsami said: I can't even comprehense how much money a trillion is Well... The company doesn't actually have $1 Trillion lol Link to post Share on other sites More sharing options...
Sepsami 21,001 Posted July 31, 2020 Share Posted July 31, 2020 1 hour ago, Economy said: Well... The company doesn't actually have $1 Trillion lol I know, it's the worth of the entire business. But still how many billions is that? a 1000? Link to post Share on other sites More sharing options...
Economy 52,926 Posted July 31, 2020 Author Share Posted July 31, 2020 1 minute ago, Sepsami said: I know, it's the worth of the entire business. But still how many billions is that? a 1000? Yup. $1 Trillion is 1000 Billion I don't know what Apple is trading at I'd have to search it up... But a typical stock trades between 15X to 17X earnings... So at $1.8 Trillion market cap if Apple was trading at a normal value relative to earnings that would suggest their profits are $105 Billion to $120 Billion annually But their profits are probably under $100 Billion cuz I suspect Apple is probably a high dividend premium stock so their trading multiple is probably more than 17X. I'm gonna search it up now out of curiosity lol. But either way they taking in crazy cash Link to post Share on other sites More sharing options...
Rio 5,088 Posted July 31, 2020 Share Posted July 31, 2020 56 minutes ago, Economy said: I just ate a Chocolate icecream sandwich does that count? Also I used to contribute but I decided to no longer buy their overpriced sh*t. $1000 to $2000 for new phones that last 2 years at good performance if ur lucky? Keep it iPhones last much longer than 2 years lmao they ain't Samsungs which last at good performance for 6 months then degrade from then on my 6S lasted ****ing years if you pick up a 5C, it performs just as it did back in 2015 haha Link to post Share on other sites More sharing options...
ice bear 1 Posted July 31, 2020 Share Posted July 31, 2020 1 hour ago, Sepsami said: I can't even comprehense how much money a trillion is a million seconds is 11 days a billion is 32 years a trillion is 31,7thousand years ice heard one side from above Link to post Share on other sites More sharing options...
Economy 52,926 Posted July 31, 2020 Author Share Posted July 31, 2020 9 minutes ago, Rio said: iPhones last much longer than 2 years lmao they ain't Samsungs which last at good performance for 6 months then degrade from then on my 6S lasted ****ing years if you pick up a 5C, it performs just as it did back in 2015 haha I mean for me they didn't last more than 2 years Link to post Share on other sites More sharing options...
PunkTheFunk 125,719 Posted July 31, 2020 Share Posted July 31, 2020 59 minutes ago, Sepsami said: I can't even comprehense how much money a trillion is Let's say you have a net worth of $500,000. If we shrunk down Apple's net worth to $1 million, and we shrunk your net worth down to a proportional amount, you would have 28 cents. Link to post Share on other sites More sharing options...
Economy 52,926 Posted August 1, 2020 Author Share Posted August 1, 2020 14 hours ago, PunkTheFunk said: Let's say you have a net worth of $500,000. If we shrunk down Apple's net worth to $1 million, and we shrunk your net worth down to a proportional amount, you would have 28 cents. I think Market Cap is the total stock valuation not necessarily their net worth. I don't think debt and assets is factored into this Unless u brough it up just for comparing the amount of money... That's insane... 28 cents Link to post Share on other sites More sharing options...
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