RAMROD 118,024 Posted January 4, 2022 Share Posted January 4, 2022 Apple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday — the first publicly traded company ever to be worth that much. Shares of Apple (AAPL) were briefly up about 3% to a new all-time high of $182.88, surpassing the $182.85 per share it needed to be worth $3 trillion. The stock later pulled back from that level. Apple's market value first crossed the $1 trillion threshold in August 2018 and passed $2 trillion in August 2020. Apple shares were up nearly 35% in 2021. Apple devices sales surged nearly 30% to more than $83 billion in Apple's fall quarter, which ended in September. The company has a whopping $191 billion in cash as well. But before long, Apple may have some company in the $3 trillion club. Microsoft (MSFT) is now worth about $2.5 trillion and Google owner Alphabet's(GOOGL) market value is right around $2 trillion. Still giant but further behind are Amazon (AMZN), which has a market cap of $1.7 trillion, and Elon Musk's Tesla (TSLA), worth about $1.2 trillion. https://www.cnn.com/2022/01/03/investing/apple-three-trillion-dollar-market-cap/index.html (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ⁱᵐ'ᵐᵃ ʰⁱᵗ ᵈᵉᶠʳᵒˢᵗ ᵒⁿ ʸᵃ, ˡᵉᵗ'ˢ ᵍᵉᵗ ⁱᵗ ᵇˡᵃᶻⁱⁿᵍ﹗ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
papergangster 2,823 Posted January 4, 2022 Share Posted January 4, 2022 And here I am freelancing for them. Can they please hire me full time Link to post Share on other sites More sharing options...
nATAH 57,943 Posted January 4, 2022 Share Posted January 4, 2022 if only their products reflected that mother, what must i do? Link to post Share on other sites More sharing options...
MonsterofFame 1,797 Posted January 4, 2022 Share Posted January 4, 2022 They deserve it - their products have literally changed the way we live. BUT we need to start holding them accountable for looking the other way with where and how they make their products. Tim Cook is slowly caving to all of China's demands and looking the other way with human rights issues. A manufacturing plant in India just got caught with a bunch of labor violations and inhumane conditions. Apple seems to have no problem keeping on top of everything else EXCEPT for human rights and labor. Link to post Share on other sites More sharing options...
Bling 31,705 Posted January 4, 2022 Share Posted January 4, 2022 All while stealing iphone users' information, opening them up to identify thefts, and making elementary software Link to post Share on other sites More sharing options...
Taylucifer 5,249 Posted January 4, 2022 Share Posted January 4, 2022 yay TayDaily Link to post Share on other sites More sharing options...
HEARTSTOP 3,160 Posted January 4, 2022 Share Posted January 4, 2022 52 minutes ago, MonsterofFame said: They deserve it - their products have literally changed the way we live. BUT we need to start holding them accountable for looking the other way with where and how they make their products. Tim Cook is slowly caving to all of China's demands and looking the other way with human rights issues. A manufacturing plant in India just got caught with a bunch of labor violations and inhumane conditions. Apple seems to have no problem keeping on top of everything else EXCEPT for human rights and labor. They don't look the other way. They specifically look for ways to make their products as cheap as possible, without any regard for what that comes with it. That is why they don't even make their products in the US. They ship parts from the US to be built outside and then return to the US for sale. They know perfectly well what they're doing. They're the Nestlé of IT. IDGAF Link to post Share on other sites More sharing options...
Guest Posted January 4, 2022 Share Posted January 4, 2022 I hate these companies. They are unethical Link to post Share on other sites More sharing options...
KORG 4,756 Posted January 4, 2022 Share Posted January 4, 2022 Sell it. Then sell updates every 10 months or it breaks. Link to post Share on other sites More sharing options...
Bat 6,162 Posted January 4, 2022 Share Posted January 4, 2022 So glad that I loaded up on Apple stocks Link to post Share on other sites More sharing options...
Economy 53,097 Posted January 5, 2022 Share Posted January 5, 2022 As an investor that follows markets and Corps im gonna say Apples price gauging is absolutely disgusting Many ppl assume that all big Corps are drowning in money and thats not necessairily true. A typical listed Corporation only makes 5% to 10% of revenue in profit (many lower and some operateat a loss or just vreak even). It can be a lot of money in total from our perspectivd because of their sheer size but the profit per item does not reflect the idea they are all price gauging us. Competition sometimes actually works if there isnt a clear monopoly. The extreme wealth gap is to a greater degree the poor taxation on wealthy individuals themselves not the companies themselves but thats another discussion for another time as it kinda goes off topic However Apple as had quarters with profit margins as high as 30% of revenue or over triple the amount of a typical healthy performing Corp Even Canadian Banks which have unusually high profit margins as an industry dont typically surpass the 20s percentiles They literally are just milking it Link to post Share on other sites More sharing options...
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