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Apple is now officially the world's largest public company

0. phoneArena 11 Aug 2011, 03:25 posted on

It's now official – Apple has become the largest public company in the world based on its stock value. Cupertino topped Standard&Poor's 500 index, leaving Exxon-Mobil second…

This is a discussion for a news. To read the whole news, click here

posted on 11 Aug 2011, 03:41 3

1. Giorgio77 (unregistered)


Good job Apple like my sister said in many countries were people don't have job one thing they do have smartphone and a meal it seams everywere I go in the united states I see kids with iPhone or android and a burger just like my freind he don't have a job but he do have a iPhone

posted on 12 Aug 2011, 00:40 1

72. ahmedra2ol (Posts: 27; Member since: 01 Mar 2011)


u are sooooo true

posted on 11 Aug 2011, 03:43 9

2. CH (unregistered)


Umm isn't Microsoft still the biggest company and most succesful etc. Would bet my money on that instead.

posted on 11 Aug 2011, 08:58 4

15. lolz (unregistered)


MS owns a good chunk of Apple stock as well.

posted on 11 Aug 2011, 11:21 2

21. ztedac (Posts: 69; Member since: 17 May 2010)


is that why apple is not suing MS? =O

posted on 11 Aug 2011, 21:04 2

70. downphoenix (Posts: 3165; Member since: 19 Jun 2010)


MS used to have a stack back in 1997 but they sold it back in 2000. If they would have held onto their shares, which was a pretty significant chunk, they would be bigger than Apple.

posted on 11 Aug 2011, 04:10 10

3. PeterIfromsweden (Posts: 1230; Member since: 03 Aug 2011)


Apple is only big because of all the iSheep.

posted on 11 Aug 2011, 09:41 6

16. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


Yes you're right. They have made no contributions to the cell industry. They haven't come up with anything innovative. Heck their phones don't even work. You can't surf the web, can't make calls, can't send texts. And yet these damn sheep keep buying them by the millions. I don't get it.

posted on 11 Aug 2011, 12:05 3

25. GALAXY-S (Posts: 701; Member since: 07 Jun 2011)


definitly agree with you ?? i dont gett it???? lmao!!

posted on 11 Aug 2011, 12:55 5

29. taz89 (Posts: 2014; Member since: 03 May 2011)


you could do all that before the iphone ever existed

posted on 11 Aug 2011, 22:49 2

71. kadar (unregistered)


iGuess its the iCandy, iDont get it iTher

I'm guessing this has a lot to do with brand loyalty and exclusivity and all that iCrap. Apple users tend to worship their iDevices despite of its lack of functionality.

posted on 12 Aug 2011, 00:43 1

73. ahmedra2ol (Posts: 27; Member since: 01 Mar 2011)


you are soo true agree 1000%

posted on 11 Aug 2011, 12:51 2

26. 530gemini (Posts: 2198; Member since: 09 Sep 2010)


Of course. Without us customers, not iSheeps, Apple wouldn't make so much profit.

You sound awefully bitter. Why is that? Is it because the company you support isn't doing as well as Apple? :)

posted on 11 Aug 2011, 13:34 3

39. PeterIfromsweden (Posts: 1230; Member since: 03 Aug 2011)


Nope, the truth is though that apple is doing well coz of iSheeps.
For example i know of a guy here in Sweden. He bought the Ipod touch. Then he got the Iphone 4. Then after that he got a Mac, and a few month after that he just bought the new macbook air (or whatever it is called).
He is what i call a iSheep, just like Taco, There is one difference though, this guy is lots more civilized than taco.

The companies i like is Nokia and Samsung. Yes Nokia is doing bad at the moment and i want themt to, so that hopefully they will change back from WP7 to MeeGo and Symbian.

And the other company i like i Samsung. They are doing really well, not as good as Apple at the moment, but they are number 2 and are having record profits and sales.

And i'm really happy that bada is doing so well at the moment, outselling both WP7 and Winmo together : D
Just check one of the latest PA articles.

posted on 11 Aug 2011, 14:19 2

44. 530gemini (Posts: 2198; Member since: 09 Sep 2010)


"iSheep" would be a term used by an Apple hater like you. Consumers' choices is theirs. It's their money, not yours. Why would their expenditures affect you? You cannot generalize the whole Apple community just because you know someone personally who collects Apple devices. Some people even have more expensive collections. Jay Leno collects expensive cars. What does that make him? A carsheep?

Good for Samsung if they are doing well. But don't get upset if Apple is doing better.

posted on 11 Aug 2011, 16:04 2

60. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


Peter gets shut down by logic

posted on 11 Aug 2011, 14:37

49. Pirate Ninja (unregistered)


It's all a bubble... and when the bubble bursts, the iSheep will be put out to pasture.

posted on 11 Aug 2011, 16:17

65. iKingTrust (banned) (Posts: 716; Member since: 27 Jul 2011)


Yup. Baaaaah

posted on 11 Aug 2011, 04:21 2

4. Leyjee (Posts: 47; Member since: 25 Feb 2011)


makes me feel sick...

posted on 11 Aug 2011, 04:24 4

5. dionddc (Posts: 129; Member since: 19 Jul 2011)


Whilst this is definitely impressive, the size of a company's market cap does not reflect their power in an industry.

posted on 11 Aug 2011, 12:54 1

28. 530gemini (Posts: 2198; Member since: 09 Sep 2010)


So where does Apple stand in the industry then? At the bottom?

Stop hating.

posted on 11 Aug 2011, 04:58 5

8. Niels (unregistered)


Just like the products itself the stocks are highly overvalued.

posted on 11 Aug 2011, 08:50 1

14. lolz (unregistered)


Just wait. Bubble will eventually burst.

posted on 11 Aug 2011, 05:13 2

9. PeterIfromsweden (Posts: 1230; Member since: 03 Aug 2011)


Wonder what Taco will say about this... ?
Does this mean Apple is bigger than Samsung ?

posted on 11 Aug 2011, 05:50 2

10. xenover (Posts: 174; Member since: 27 May 2011)


He's probably behind the screen jizzing on Steve Jobs' picture from excitement.

posted on 11 Aug 2011, 13:37 1

40. PeterIfromsweden (Posts: 1230; Member since: 03 Aug 2011)


Actually no !
I'm not a Apple fan at all. I like Samsung.

posted on 11 Aug 2011, 09:43 2

18. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


Based on stock value Apple is bigger yes.

posted on 11 Aug 2011, 12:55 1

30. 530gemini (Posts: 2198; Member since: 09 Sep 2010)


Samsung definitely has a bigger debt. Apple has none.

posted on 11 Aug 2011, 13:58 1

43. ngo2dd (Posts: 896; Member since: 08 Jul 2011)


Are you high? Samsung is many time larger then Apple. Apple is the mobile device and computer. Samsung Electronics, the world's largest technology company by sales;[4][5] Samsung Heavy Industries, the world's second largest shipbuilder;[6] Samsung Engineering was ranked 35th, Samsung C&T 72nd in a 2009 ranking of 225 global construction firms compiled by the Engineering News-Record, a U.S. construction journal.[7] Samsung Life Insurance was ranked 14th in a 2009 ranking of Fortune Global 500 Industries.[8] Samsung Everland, South Korea's first theme park opened in 1976 as Yongin Farmland. In 2002 it was the fifth most popular theme park in the world, beating out Epcot, Disney MGM and Disney's Animal Kingdom.[9] Cheil Worldwide operates as a subsidiary of Samsung Group[10] and was ranked #19 among the "World's Top 50 Agency Companies" by revenue in 2010.[11] Shilla Hotel, a subsidiary of the Samsung Group, has been ranked #58 among the "2009 World's Best Top 100 Hotels" in the annual reader survey conducted by the prestigious international business magazine, Institutional Investor.[12] cited Wiki

posted on 11 Aug 2011, 14:25 1

45. 530gemini (Posts: 2198; Member since: 09 Sep 2010)


If Samsung is many times bigger than Apple, then good for Samsung. But how come Apple is the one being hailed as the world's largest company, not Samsung?

Yes, Samsung has many lines of business. But there are also expenses attached to every line of business. So just because they have more lines of business than Apple, it does not automatically mean that they make more profit.

It is also true that Samsung has billions of debts, and that Apple has zero debt.

You can brag all day long about Samsung's credentials, but it wouldn't change the fact that Apple is the world's largest company.

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