Apple now in rarefied air, company worth half a trillion dollars
0. phoneArena 29 Feb 2012, 16:42 posted on
Apple's market capitalization hit the half a trillion dollar mark, a milestone that very few corporations have ever reached; the stock hit a 52 week high on Wednesday at $547.61 and is the latest of six U.S. companies to reach the half trillion dollar mark...
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1. biophone (Posts: 1900; Member since: 15 Jun 2011)
Pa gives phone advice and stock advice. What a website.
26. rf1975 (Posts: 253; Member since: 01 Aug 2011)
But do not hurry to buy the stock. Because Apple might loose the law suite to Motorola and will end up paying huge money in German resulting decline in stock value.
27. jamrockjones (Posts: 345; Member since: 26 Oct 2011)
Whoever bought their stock when it was low and has held on to it must be pretty happy right now!
2. itiswhatitis (Posts: 423; Member since: 23 Jan 2012)
Apple stocks look very desirable but know this if you want maximum profit with safety,build your own company or invest in start-up companies if you anazlye and do you home work properly your return can be in 1000%. Its not easy but its worth spending time.
5. MobileCaseReview (Posts: 242; Member since: 10 Feb 2012)
Yup, having a system with an ongoing stream of residual income will do the trick. :)
3. gallitoking (Posts: 4704; Member since: 17 May 2011)
"Apple's current value is deserved and that it is a far way from being overvalued." so it wont go anyhwere anytime soon
6. remixfa (Posts: 14255; Member since: 19 Dec 2008)
it just might if people wise up and start demanding better of apple on how they treat their iservants. If people boycott for better conditions, it will devalue the company. If Apple starts paying more for foxconn contracts to pay workers better, it will reduce profit margins, which will devalue the company. If they offset the higher costs with higher priced devices over their already enormous premiums.. then it might negatively affect sales.. which.. devalues the company.
The only way for apple to continue the trend is to hope the public keeps its head in the sand.. kinda like you do, chicken head.
7. gallitoking (Posts: 4704; Member since: 17 May 2011)
nop is not going to happen remix .. just drop it.. because the ones demaning are fandroids,,.. non apple consumers.. so turn around and demand Sammy to relased the SGSIII in the US on time... with ezynos and leave the Apple demanding to Apple consumers...
12. JeffdaBeat (unregistered)
I understand your point, but I think you have far too much faith in Americans...and the world to that point.
Look at the sheer amount of jobs that have been shipped to a different country because they have cheaper labor. Companies are literally taking money out of American's pockets and although we complain about it, we don't stop supporting those companies. And that's when they are messing with our MONEY...there is little ease that motivates people like money.
Trying to rally people into getting Apple or any company to force their manufacturer to pay their workers more is impossible for a few reasons. First...if we can't boycott companies that take away our jobs that directly effect us, good luck convincing people to boycott something none of us see directly. Secondly, too many people see foreign labor as the enemy. They are the ones that stole our jobs. It's hard for people to sympathize with that because in the end, "They are the lucky ones...at least they have a job!" Not my views, but simply how some people feel about the situation.
I agree with you though. I think we need to start realizing that we are all people and we are all our brother's keeper. But if people aren't motivated when their money is f**ked with...then they aren't going to rally around sympathy for the foreign worker. This is more than just Apple. Even if Apple did everything back to the US...other companies would still ship manufacturing or customer service or whatever else over seas to make a buck. That's globalization.
I think more than ever, this is where government could intervene. Tax companies that send manufacturing over seas and give subsidies to companies who are willing to hire at home, no matter what country it is. But that's a whole other coversation.
15. hepresearch (unregistered)
There is no reason for big government to intervene... they live in the same office space as the big banks, the big corporations, and organized crime for goodness' sake! What is good for one is good for all of the others.
If a big corporation takes advantage of somebody, whether it is a labor issue or a product value/honesty/safety issue, the government gets to respond with "regulations" that leave wonderful little corporate loopholes through reporting and accounting tricks, inspire growth in the black market when "regulated" products become more scarce, and give the government more excuses to tax its citizens out of existence. If the big government takes away more of our individual liberties, organized crime convinces more of us to be lawless, and the big corporations will offer new products and services that help us to feel more "free" in other ways (and get subsidized by the government through "corporate welfare") and yet leave us addicted to the newly-found convenience of it. When organized crime fights the government and steals from the corporations, the government bails out the corporations through tax write-offs, loans, and whatever else, as well as legal help and more stringent criminal laws which take away more individual liberties from the public.
The government, the corporations, and organized crime end up becoming one and the same, and We the People lose everything.
18. cellphonator (Posts: 298; Member since: 29 Oct 2011)
Nice post and good point, so what's your solution or suggestion? Is our system just going to hell with no chances of a come back?
What's going to bring labor back? Less taxes, less Unions power, both?
19. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)
probably both.. unions create large amounts of problems as they often are not reasonable… their demands force work off shores.. and the tax code is just way too complicated… i mean, its something crazy like 5-9 million words including code and regulation… its scary considering the origional constitution had less that 5,000 words.. Herman Cain's simplified tax system was one of the best radical ideas is a long time
and labor will come back to the US with time.. there is no rapid industrialization for the US to experience, but eventually china will reach its industrial capacity and work will even out again.. i dont think there is a clear-cut way to bring it back immediately
21. hepresearch (unregistered)
I am not sure of the answer, and the answer may be different based on community preferences... but if I had to hazard a guess, I would say that the key to surviving the coming storm (and I doubt that we have the power to truly stop the final affects from playing out at this point, although I may be wrong... I hope I am wrong)... the key to surviving the coming storm is to selflessly give of yourself in service to your neighbors and community.
If you are selfless, meek, and law-abiding, and you are willing to both serve and be governed in matters which require it, then the majority of governance will be self-governance, and the constitutional government Of and By the People (which is necessary in a small amount to avoid anarchy/terror/tyranny) will be able to focus on being For the People. It is in serving each other in hope, kindness, and charity, that we set each other free to enjoy true liberty. When times get truly tough, we will only survive if we are willing to help and support each other. I think that concept will have to be at the heart of whatever the real solution ends up being, no matter where we end up.
In the meantime, it will be difficult to reduce taxes without knocking the crutch out from under some people, and that is something we should avoid. Also, it will be difficult to reduce union power when so many workers feel the need to rely on that type of representation in the face of miserly management. Drastic changes spell disaster and upset established balances, so starting to try to transfer power to local authority whenever possible is a great idea, rather than just cutting an entire agency or budget immediately.
Eventually, over the course of perhaps a few decades, reductions could be gradually made to entitlement programs (Welfare, Social Security, HealthCare, Pensions, etc.) as we focus more on "teaching a man to fish" rather than "giving him the fish". Help people to be less dependent, and to responsibly take care of their own families, and the government can eventually step out of that end of our lives, and reduce taxes. Then they could start cutting programs that are redundant or un-needed, further cutting taxes and size of government.
22. hepresearch (unregistered)
My point is that it would have to be a gradual step down, or else there would be huge chaos like there has been in Greece, Italy, and other places around the world where government can no longer afford to take care of the many people who have been coaxed, over many years, to not be more responsible for themselves. Relying on government for education, healthcare, internet access, food, or whatever, is never a great idea. Building up huge megacorporations isn't either. The problem is that everyone wants us to think that this is a battle between capitalism and socialism, but they are really just two ends of the same stick... they are trying to wipe away the memory of John Locke's works, or convince us all that Locke was the ultimate capitalist. Capitalism and socialism feed on each other, and thrive even better in a strong federalist system, but Lockeanism and community (NOT communism... that's a whole different discussion) are a needed balance. I think the answer is somewhere in the middle, in a balance between these ideas.
Unfortunately, I don't think this gradual step-down would go over too well with federal legislators. My brother ran for office in the state of Pennsylvania, and produced just such a gradual step-down plan... the incumbent hired two other guys to run for the same office, claiming to be rivals, and in doing so split the vote heavily, and all of them campaigned against and derided my brother's plan. Since his failure to get elected, his original plan document has been serruptitiosly removed from the internet, even from his own website, every time he has reposted it as a reminder. The establishment doesn't want us to figure this out. They have had their hand in the pie for far too long to let go of it now...
24. bayusuputra (Posts: 961; Member since: 12 Feb 2012)
what comes up, must come down..
the higher it goes, the harder the fall..
4. MobileCaseReview (Posts: 242; Member since: 10 Feb 2012)
Kudo's to Apple. More than that, having great cash reserves. Only few companies in the world can say they have those kind of cash reserves. What's even funnier is that it's higher than the US's operating balances. I love what Tim Cook is doing in terms of philantropy.
8. jacko1977 (Posts: 428; Member since: 11 Feb 2012)
it proves u can make money from overpriced s**t products by underpaid workers
9. MobileCaseReview (Posts: 242; Member since: 10 Feb 2012)
Most of your appliances, even auto mobiles come from similar circumstances.
10. christianqwerty (Posts: 466; Member since: 05 May 2011)
Someone who understands that its not just apple! thankyou!!!!
11. andro. (Posts: 1990; Member since: 16 Sep 2011)
This Apple worth made from ifans will rise considerably when the silicone chip inside ipad 2 owners heads switches to buying mode when the ipad 2$ is released. If they have both ground breaking models they can operate one of the ipads with their left hand and the other one with their right and thus the circle of life will be complete
20. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)
so u just diss apple because people like their products… sound logic… in that case google must be the worst of companies (with microsoft second) since almost any person with an internet connection uses their products
13. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)
Makes perfect sense: the bigger a company's sweatshops, the bigger its' profit. Hence, the bigger its' Net Value.
14. hepresearch (unregistered)
I am pretty sure that we are about to watch Apple smash past a trillion USD in another two years... or less... based on standing profit margins over projected sales for the next few years. I imagine they'll sell $250 to 300 billion annually in products on average, and keep a sizeable chunk (~50%) in profits, as well as snagging further investment through escalating stock price increases. Apple is in darn good shape, still at the beginning of their prime (if they have even reached their prime yet), and I don't really see their ceiling being too low or even in sight. They continue to sell products that are considered indispensable for some 25%... or more... of all smart phone and tablet owners. They are bigger than all of their competitors. They are bigger than Google, they are bigger than Samsung, and they are bigger than Microsoft. I'm not rooting for them, but I won't stick my head in the sand, either. I have to face the facts.
16. som (Posts: 768; Member since: 10 Nov 2009)
It is Apple stock market value not company properties value worth that much like Walmart or Samsung.
17. dirtydirty00 (Posts: 409; Member since: 21 Jan 2011)
it makes no difference wheather or not the products are s**t. if you market yourself correctly and get on the hipsters fad then people will buy it.
25. frydaexiii (Posts: 1413; Member since: 01 Dec 2011)
lol, Apple products are not hipster products anymore, Apple products are now too mainstream. Real hipsters use Android to seperate themselves from idiots thinking they're different for using Apple's crap...
23. InspectorGadget80 (Posts: 7043; Member since: 26 Mar 2011)
And with all those trillions of dollars they could of make create more factory jobs here in the states instead of giving to the jobs in China where people suicide themselves over just to rush making iPhones/Ipads ect. Apple should at least do some donations to Cancer soicety with their money instead of giving STOCKS BONUS TO GREEDY CEO'S and board members. or at least give some bonus to the sales people in the APPLE store to give some stock money