Apple’s share price just hit the magic number of $207.05 per share making Apple the first U.S. publicly-traded company to hit a landmark $1 trillion valuation.
On November 5, 2007, A shares of PetroChina on the first day of trading after its IPO on Shanghai Stock Exchange skyrocketed from the IPO price of 16.7 RMB to 43.96 RMB by the close (the opening price was even 48.6 RMB). That briefly gave PetroChina a market capitalization of about $1 trillion.
Market capitalization (market cap) is the market value of a publicly traded company’s outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding. Apple currently has 4,829,926,000 shares outstanding.
While we expect it to oscillate back and forth across the trillion-dollar line for a while, on August 2, 2018, Apple Inc.’s market value first hit US$1 trillion!
The garage where Steve Jobs and Steve Wozniak started Apple in Silicon Valley at 2066 Crist Dr. in Los Altos, California (photo: MacDailyNews.com)
Apple’s stock has risen more than 50,000% since it first listed in 1980. That compares with a (mere) 2,000% rise for the S&P 500 in the same period. — BBC News, August 2, 2018
Yes, but Balmer totally missed the smartphone/tablet market.
Something that would up being much more important (profit wise) than the desktop/laptop computer market.
Nicely said. I am glad to be wrong thinking Amazon would get there first. Now let’s start firing on all cylinders Apple including from the place of your origin – Apple’s computers? You know, you call them Macs?
Yeah well, with a little more diligence in keeping Macs updated and treat them as an actually important part of their product line, it can only go up from here.
You’re right! And I’m sure there’s still some people out there that would want an apple II! Why did they stop making those? That’s that much more money they could have made! They could have a market cap of 10 trillion by now, what is their problem?
The same idiots who call Tim Cook “Pipeline Timmy” who has grown the company in brilliant fashion will look at America and say Trump is singlehandedly responsible for the current economy. The fact is both Apple and America operate on a continuum, with the past as prologue. Obama did some brilliant things (and some weak things of course) but saved the automotive industry and reduced the national debt, Cook may lack the innovative genius of Steve Jobs but for this time, this era he’s done a phenomenal job. So.. give credit to both Trump and Cook for what they have done in the time frame they have been in charge. Nobody does it all by themselves.
Image if the same idiots who praise Pipeline Tim, were to realize how much higher the value Apple would be if they had someone in charge who could put out computers that were current instead of years old technology
While I applaud your logic and reason regarding the continuum nature of economics, I have to point out that Obama never reduced the national debt, just the magnitude of the deficit. I believe that Clinton was the last Administration to run a surplus, and I am not even sure if that was real (typically, FICA revenues are included even though they should be kept separate).
Anyway, under the Obama Administration the growing deficit problem that piled up in the 2000s under Bush (combination of massive tax cuts and increased military spending…sound familiar??) peaked and then began a multi-year decline. Thanks to current economic policies, expect the deficit to rise again.
As has been true for quite some time, the accumulated national debt keeps growing.
I’m sorry, but the only thing I can give Trump credit for is allowing the rich to raid the U.S. Treasury (leaving the bill for the future middle class), and teaching our kids that it is okay to lie.
No, I’m actually middle of the road right. I just look left to you because you’re sooooo far right that you’ve falling over the edge of the flat earth you believe in.
Oh, petulant spoiled child here that needs to have the last word. Not on my watch …
You don’t believe that Trump gave away the U.S. Treasury to his friends, and himself, and that he is an habitual lier?
If you can’t keep up on current events, it’s not my job to elevate you from the cesspool of Fox News. (you should at least watch more Shepard Smith, or read a newspaper)
You are habitually clueless.
Nuff said …
Wait, you really believe Trump? You’re not just one of those people who hold their nose to support Trump because you only care about your one issue and are willing to sell out your country to get it?
You really really believe him?
Unbelievable!
Did you watch Trump’s rally in Wilkes-Barre, PA on national cable TV last night?
You don’t believe him? Good luck telling that to the overflow packed crowd of hard working blue collar workers.
I don’t believe YOU …
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..
..
..
..
You need to stop sitting behind the President in those rallies, the Secret Service is starting to get suspicious.
YOU LIE.
No surprise there, you have a long track record here on MDN …
Actually I’m rather new here.
Your statements here are as accurate at the President’s.
And no, that was not a compliment.
A lot of people love to bitch about Tim Cook. However he has gotten to the 1 trillion point. I am not discounting Steve Jobs and every one else who has made this possible. Apple is not a one man show, however the CEO is the face. People have been complaining from day 1 about Tim Cook and how he destroying Apple. Every company would love to be destroyed like this.
Watching the Libtards down vote this is fun!!! LOL
Yup, I have been amused for years.
Lot of FALSE DISHONEST EFFORT going on. The pitiful part is they have not intimidated me one atomic particle. What a waste of effort but they don’t care …
Exactly right. If it wasn’t for Fox News, Rush and Savage we would not have any honesty in the media today …
Funny how the libtards think they are being informed by the Communist News Network.
I took some time over 2 days and compared the coverage of CNN and Fox every hour or so. Stunning how much CNN never reported.
Today it has gone insane and unhinged since Trump won and has become the CORRUPT NEWS NETWORK …
2 Trillion?? You are such a small thinker… They would be at 7 TRILLION if they had done the list of things I’ve written in my notebook labeled “Things those losers at Apple should do to not only have the largest market cap in the world, but to also have an even larger-er market cap!”
As long as I can think of a higher number, Apple will never impress me!
I have not been complaining from day one. Far from it. I have always used Apple computers and welcomed Cook’s coming out, thinking it positive for there to be an openly gay CEO of a big company (even if he was not out before he got there).
However, I started being concerned when there were no updates to the Macbook Air for an indecent period.
I was then more concerned when the Macbook was released with a too-shallow keyboard, underpowered and with only one port. USB C I could live with, one port I could not. The jump to a MacBook Pro was, however, too great.
I then started complaining when the MacMini (which 2009 box I wanted to replace) was not updated for four years, when the 2014 update was a positive step backwards, when MacOs and iOS became productivity destroyingly buggy and when prices shot through the roof (for yesterday’s hardware).
I like to thank you Tim Cook and team who make it happens. For that my living standard has been improved significantly. Thanks again Tim.Cook and team. Love you guys, god bless.
Goeb, you are overreacting. If Cook did nothing that any caretaker CEO could not do, then he does not need to go. Thanks to Jobs, Apple did have an adequate caretaker CEO. We may all wish for one who is more than adequate, but if wishes were horses then beggars would ride, as my father used to say.
I can’t disagree with the spirit of your argument. The unfortunate fact remains that Cook is unparalleled as supply chain manager, which function he has obviously retained from his COO days, even as he struggles as CEO, the face of the company. Getting rid of Cook at this point would be problematic. As you assert, any competent candidate could replace him as head of the gravy train. However, that very gravy train is enabled only because of Cook’s attention to production. As much as I dislike the anti-charisma of the man, he is punching the right buttons and turning the right dials to keep the Apple juggernaut rolling. Numbers don’t lie. Yes they could conceivably be greater but that is a big what-if, hardly a certainty. No stakeholder, and that includes the Board of Directors, wants a kamikaze operation. You and I are just old-time users on the periphery of what’s happening in the world today, and it rankles to be cast aside like WWII veterans.
“The unfortunate fact remains that Cook is unparalleled as supply chain manager, which function he has obviously retained from his COO days”
For the most part you are correct, I won’t laundry list all the products he was late delivering or short supply at launch. It is his gift and that should be his position at number two, with a creative CEO in charge like Scott…
Forgot to mention.
Like Steve, would love the second coming of Forstall. Put Cook in a position where he excels.
What I would really relish and cheer is Scott putting the elitist industrial designer ego in his place. Jony’s designs should satisfy customers NEEDS FIRST.
NOT Jony’s obsession to win design awards. Only then, will Apple return to prominence and make the greatest computers, AGAIN.
MAPPLEGA
Wonder if they can get a trillion for the company…
Rhetorical question.
Rhetorical because nobody has that kind of money. Other major mergers and acquisitions have required the purchaser to buy all the outstanding shares at a substantial premium above the current market price. Not even Berkshire Hathaway could swing that much financing.
I can’t read any more of these comments. I have to put you out of your misery. The shares don’t come on the market in the way you are thinking. They are *acquired* by the purchasing company at a premium. That premium can be 50 percent or more. The premium entices stockholders to sell and the buying activity then causes the stock price to rise further. The stock price will normally go up during an acquisition not down. There is no stock dump. There is a buying frenzy. What happens is the opposite of what you are saying here.
So if Buffet dumps his stock the price will go up? Seems selective to me…
“So if Buffet dumps his stock the price will go up? ”
Can you please spend a few minutes and educate yourself about how acquisitions work? Buffet won’t sell his stock at all unless he is offered a premium. Nobody is dumping stock. Sellers are being enticed to sell their stock via a premium on the stock price. Sellers view it as a payday that is high enough they will sell. Otherwise they will not sell. The stock price goes up beyond the current trading price naturally and the premium can be significant. Dumping of stock is something different. You are confused.
Didn’t say acquisition. Market cap, which is the topic at hand is a metric, not even a measure of the value of a company as you pointed out.
They cannot get 1 trillion just by selling all the stock. As Vincent LaGuardia Gambini would say…. its bullshit!
“They cannot get 1 trillion just by selling all the stock. As Vincent LaGuardia Gambini would say…. its bullshit!”
Now you’re being intellectually dishonest. You talked about stock dumping and stock losing value three times after TxUser said:
“Other major mergers and acquisitions have required the purchaser to buy all the outstanding shares at a substantial premium above the current market price. Not even Berkshire Hathaway could swing that much financing.”
The only plausible way all the stock would be sold is via an acquisition and that would bring the premium pricing into play making the transaction (or Apple) worth close to or even above $1.5 trillion.
I know when I’m dealing with a troll. Good day to you.
I posed a question to highlight the bs that is called market cap. Not a negotiated acquisition. The topic is market cap. Nothing dishonest about it other than it’s Wall Street, which is not my dishonesty.
“I posed a question to highlight the bs that is called market cap. Not a negotiated acquisition.”
This is my final reply. I don’t do discussions with trolls. Your question only highlights your ignorance.
“Wonder if they can get a trillion for the company”
The answer has been given to you many times now. The answer is yes and more than $1 trillion. That is if anyone could afford it which is not likely. Don’t get mad at others because you don’t like or understand the answer.
Yet again…
The article is not about acquisitions, it’s about market cap.
You’ve evaded the heart of my question. Thus you’ve failed your interview as my teacher. Troll that!
Troll Asks: Wonder if they can get a trillion for the company?
Other posters give the obvious answer which is yes and other posters patiently explain why the troll is wrong and doesn’t even understand his own question.
Troll gets on his tricycle and backpeddles and says no no no I wasn’t wrong I meant something else with my question even though the question can only mean one thing and only has one possible answer.
You got pwned son! Bwahahahahahahahahahaha!
Only an idiot like banned Citizen X would write a stupid post such as this …
They wouldn’t get a trillion for the company. They would get more as TxUser rightly said. TxUser is also right that no one could afford to buy Apple.
no steve jobs, no steve wozniak, no mac, no apple, no next, no osx, no ipod, no itunes, no iphone, no ios, no mdn. no no no, no branches of the tree that never was
The tree that never was – I sense that to be a profound, counterfactual revelation.. But it could not be, since you as a Traveller could not fracture Time by revealing such an insight.
Most of the rest of us prefer “it is what it is” to “what might have been” except for the diseased sort who see things that aren’t so.
🙂 it’s an intriguing, cloud atlas indulgence to consider the ripples through time and human events caused by the conjunction of the two steves and then again, as steve jobs continued his pursuit of vision. i find it fascinating to think about our own personal lives in this regard, how our own voice and our own endeavors, insignificant though they may seem, ripple and branch through time and human events. it engenders a greater sense of responsibility within my psyche because i know i can be a force for good in this wonderful world of order and chaos. i know it would be a great waste of potential for me to despair rather than believe i can make a difference. what if steve jobs had just continued to pick apples. what if you decided to ban me. what if you didn’t believe me. what if i didn’t believe you. somewhere, there’s a young girl who wants to be consequential, even if it makes a difference only to herself. i have no idea if i make sense.
Truly amazing when one considers that Apple’s market cap had fallen to $1.7 billion ($2.67 inflation adjusted) in 1997 prior to Jobs’s return. Jobs’s best decision may have been to select Tim Cook as CEO.
Good point. Even as recently as the Spring of 2003, when Apple was about $12/share, pre-splits, about $10 of that was actually cash, so, $2/share was the enterprise value. Given that Apple has split 14:1 since then, Apple’s post-split value was about 85 cents, with 71 cents of that as cash, so about 14 cents/share in EV. Don’t remember how many shares outstanding there were back then, but Apple may not have been worth much more than $1B in EV.
When things like this happen, it makes it difficult to say to Apple, you’re doing it wrong. You can do better.
When you feel that way, go look at the Mac Mini.
Or the Mac Pro. Wait. There is none.
Apple’s value to the world is more than its market cap.
I agree. Microsoft under Balmer increased profits and dividends.
Yes, but Balmer totally missed the smartphone/tablet market.
Something that would up being much more important (profit wise) than the desktop/laptop computer market.
of course, “established” anal-ysts consistently overlook BACN trajectories (+-BUN) when running EGG analyses or compensating for PLUM.
And then they wonder why they get it wrong lol.
Alright, alright, alright!!!
Leadership shines, but also casts a shadow.
Nicely said. I am glad to be wrong thinking Amazon would get there first. Now let’s start firing on all cylinders Apple including from the place of your origin – Apple’s computers? You know, you call them Macs?
I was skeptical as well, Peter.
Hearty congrats to a World first milestone in business!
Where is the keg interns, time to tap it early on this incredible news! 🍻
Maybe they’re planning to replace the Mac (the McIntosh, Canada’s national apple) with the Granny Smith.. it’s all green, at least.
It’s interesting that the worst year for Macs since 2010 is the year that Apple’s market cap topped 1 trillion.
2010 was the first year since the early 90s that Apple cracked 10% of the US PC market.
https://www.cultofmac.com/63273/apple-cracks-10-pc-market-share-for-first-time-in-decades/
It is currently 18.81%. Apple is #4 in an overall declining traditional PC market.
http://gs.statcounter.com/os-market-share/desktop/united-states-of-america
Some “worst year.”
Ironic is the word you are looking for …
Yeah well, with a little more diligence in keeping Macs updated and treat them as an actually important part of their product line, it can only go up from here.
You’re right! And I’m sure there’s still some people out there that would want an apple II! Why did they stop making those? That’s that much more money they could have made! They could have a market cap of 10 trillion by now, what is their problem?
Nonsense. Thanks for nothing and more Mac HATE …
Would you believe $1.5 Trillion?
And in the mid 1990s Apple almost went out of business!
Wow!!!
MDN’s picture here makes me profoundly sad.
I miss Steve.
Wish he was here.
I’m confused. The stock price was -+ 202 when it hit 1T, not 107
AAPL readjusted the number of outstanding shares, after the 7/31 call. That affected the market cap and raised the 1T target price.
Congrats! TTK
The same idiots who call Tim Cook “Pipeline Timmy” who has grown the company in brilliant fashion will look at America and say Trump is singlehandedly responsible for the current economy. The fact is both Apple and America operate on a continuum, with the past as prologue. Obama did some brilliant things (and some weak things of course) but saved the automotive industry and reduced the national debt, Cook may lack the innovative genius of Steve Jobs but for this time, this era he’s done a phenomenal job. So.. give credit to both Trump and Cook for what they have done in the time frame they have been in charge. Nobody does it all by themselves.
Image if the same idiots who praise Pipeline Tim, were to realize how much higher the value Apple would be if they had someone in charge who could put out computers that were current instead of years old technology
While I applaud your logic and reason regarding the continuum nature of economics, I have to point out that Obama never reduced the national debt, just the magnitude of the deficit. I believe that Clinton was the last Administration to run a surplus, and I am not even sure if that was real (typically, FICA revenues are included even though they should be kept separate).
Anyway, under the Obama Administration the growing deficit problem that piled up in the 2000s under Bush (combination of massive tax cuts and increased military spending…sound familiar??) peaked and then began a multi-year decline. Thanks to current economic policies, expect the deficit to rise again.
As has been true for quite some time, the accumulated national debt keeps growing.
The topic here today Melvin, is the CELEBRATION of Apple’s milestone.
NOT economic news under former presidents that has absolutely nothing to do with it.
Talk about raining on a parade …
I’m sorry, but the only thing I can give Trump credit for is allowing the rich to raid the U.S. Treasury (leaving the bill for the future middle class), and teaching our kids that it is okay to lie.
You have NO FACTS. You are a typical garden variety liberal LIAR …
No, I’m actually middle of the road right. I just look left to you because you’re sooooo far right that you’ve falling over the edge of the flat earth you believe in.
I REPEAT — you have no FACTS. I am sitting down brainless, don’t LIE about me falling over anything…
This is a bot account meant to be funny, right?
No, bots are smarter than this guy
Oh, petulant spoiled child here that needs to have the last word. Not on my watch …
You don’t believe that Trump gave away the U.S. Treasury to his friends, and himself, and that he is an habitual lier?
If you can’t keep up on current events, it’s not my job to elevate you from the cesspool of Fox News. (you should at least watch more Shepard Smith, or read a newspaper)
You are habitually clueless.
Nuff said …
Wait, you really believe Trump? You’re not just one of those people who hold their nose to support Trump because you only care about your one issue and are willing to sell out your country to get it?
You really really believe him?
Unbelievable!
Did you watch Trump’s rally in Wilkes-Barre, PA on national cable TV last night?
You don’t believe him? Good luck telling that to the overflow packed crowd of hard working blue collar workers.
I don’t believe YOU …
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..
..
..
..
..
You need to stop sitting behind the President in those rallies, the Secret Service is starting to get suspicious.
YOU LIE.
No surprise there, you have a long track record here on MDN …
Actually I’m rather new here.
Your statements here are as accurate at the President’s.
And no, that was not a compliment.
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..
A lot of people love to bitch about Tim Cook. However he has gotten to the 1 trillion point. I am not discounting Steve Jobs and every one else who has made this possible. Apple is not a one man show, however the CEO is the face. People have been complaining from day 1 about Tim Cook and how he destroying Apple. Every company would love to be destroyed like this.
Yes, but most of the people complaining about Cook were not-so-closeted homomisiacs suffering from a major Dunning-Krueger personality flaw.
But they would reply, “I don’t suffer from the Dunning-Krueger effect. I am a very stable genius.”
“Stable Genius” huh? 😀
Apple would be well on its way to 2T if it has a CEO who could ship current computers instead of relying on old technology.
Who is stupid enough to down vote this?
Out yourselves!
Today I am up to 58 one-star down votes on an earlier post simply mentioned Fox News is where I first heard it reported Apple reached a trillion.
Sounds like you care about down votes — I DON’T! …
LOL Fox News has too many facts and truths for the lizards. They cant handle it!
Watching the Libtards down vote this is fun!!! LOL
Yup, I have been amused for years.
Lot of FALSE DISHONEST EFFORT going on. The pitiful part is they have not intimidated me one atomic particle. What a waste of effort but they don’t care …
Exactly right. If it wasn’t for Fox News, Rush and Savage we would not have any honesty in the media today …
Funny how the libtards think they are being informed by the Communist News Network.
I took some time over 2 days and compared the coverage of CNN and Fox every hour or so. Stunning how much CNN never reported.
In the 1990s it was the Clinton News Network.
Today it has gone insane and unhinged since Trump won and has become the CORRUPT NEWS NETWORK …
2 Trillion?? You are such a small thinker… They would be at 7 TRILLION if they had done the list of things I’ve written in my notebook labeled “Things those losers at Apple should do to not only have the largest market cap in the world, but to also have an even larger-er market cap!”
As long as I can think of a higher number, Apple will never impress me!
I have not been complaining from day one. Far from it. I have always used Apple computers and welcomed Cook’s coming out, thinking it positive for there to be an openly gay CEO of a big company (even if he was not out before he got there).
However, I started being concerned when there were no updates to the Macbook Air for an indecent period.
I was then more concerned when the Macbook was released with a too-shallow keyboard, underpowered and with only one port. USB C I could live with, one port I could not. The jump to a MacBook Pro was, however, too great.
I then started complaining when the MacMini (which 2009 box I wanted to replace) was not updated for four years, when the 2014 update was a positive step backwards, when MacOs and iOS became productivity destroyingly buggy and when prices shot through the roof (for yesterday’s hardware).
I like to thank you Tim Cook and team who make it happens. For that my living standard has been improved significantly. Thanks again Tim.Cook and team. Love you guys, god bless.
Misguided praise. Cook did nothing spectacular that any caretaker CEO can or cannot do. He needs to go …
Goeb, you are overreacting. If Cook did nothing that any caretaker CEO could not do, then he does not need to go. Thanks to Jobs, Apple did have an adequate caretaker CEO. We may all wish for one who is more than adequate, but if wishes were horses then beggars would ride, as my father used to say.
Herself, you are correct that as a caretaker he has fulfilled that role. And as I said, any other caretaker CEO can do the same.
Cook needs to go for other reasons. Although a nice guy he is as appealing as wet plywood and brain dead in creativity, sorry …
I can’t disagree with the spirit of your argument. The unfortunate fact remains that Cook is unparalleled as supply chain manager, which function he has obviously retained from his COO days, even as he struggles as CEO, the face of the company. Getting rid of Cook at this point would be problematic. As you assert, any competent candidate could replace him as head of the gravy train. However, that very gravy train is enabled only because of Cook’s attention to production. As much as I dislike the anti-charisma of the man, he is punching the right buttons and turning the right dials to keep the Apple juggernaut rolling. Numbers don’t lie. Yes they could conceivably be greater but that is a big what-if, hardly a certainty. No stakeholder, and that includes the Board of Directors, wants a kamikaze operation. You and I are just old-time users on the periphery of what’s happening in the world today, and it rankles to be cast aside like WWII veterans.
“The unfortunate fact remains that Cook is unparalleled as supply chain manager, which function he has obviously retained from his COO days”
For the most part you are correct, I won’t laundry list all the products he was late delivering or short supply at launch. It is his gift and that should be his position at number two, with a creative CEO in charge like Scott…
Forgot to mention.
Like Steve, would love the second coming of Forstall. Put Cook in a position where he excels.
What I would really relish and cheer is Scott putting the elitist industrial designer ego in his place. Jony’s designs should satisfy customers NEEDS FIRST.
NOT Jony’s obsession to win design awards. Only then, will Apple return to prominence and make the greatest computers, AGAIN.
MAPPLEGA
Wonder if they can get a trillion for the company…
Rhetorical question.
Rhetorical because nobody has that kind of money. Other major mergers and acquisitions have required the purchaser to buy all the outstanding shares at a substantial premium above the current market price. Not even Berkshire Hathaway could swing that much financing.
What about the devaluation due to stock dump? Whether anyone has that money or not.
Sigh.
If all those shares come on the market the share price won’t drop?
I can’t read any more of these comments. I have to put you out of your misery. The shares don’t come on the market in the way you are thinking. They are *acquired* by the purchasing company at a premium. That premium can be 50 percent or more. The premium entices stockholders to sell and the buying activity then causes the stock price to rise further. The stock price will normally go up during an acquisition not down. There is no stock dump. There is a buying frenzy. What happens is the opposite of what you are saying here.
So if Buffet dumps his stock the price will go up? Seems selective to me…
“So if Buffet dumps his stock the price will go up? ”
Can you please spend a few minutes and educate yourself about how acquisitions work? Buffet won’t sell his stock at all unless he is offered a premium. Nobody is dumping stock. Sellers are being enticed to sell their stock via a premium on the stock price. Sellers view it as a payday that is high enough they will sell. Otherwise they will not sell. The stock price goes up beyond the current trading price naturally and the premium can be significant. Dumping of stock is something different. You are confused.
Didn’t say acquisition. Market cap, which is the topic at hand is a metric, not even a measure of the value of a company as you pointed out.
They cannot get 1 trillion just by selling all the stock. As Vincent LaGuardia Gambini would say…. its bullshit!
“They cannot get 1 trillion just by selling all the stock. As Vincent LaGuardia Gambini would say…. its bullshit!”
Now you’re being intellectually dishonest. You talked about stock dumping and stock losing value three times after TxUser said:
“Other major mergers and acquisitions have required the purchaser to buy all the outstanding shares at a substantial premium above the current market price. Not even Berkshire Hathaway could swing that much financing.”
The only plausible way all the stock would be sold is via an acquisition and that would bring the premium pricing into play making the transaction (or Apple) worth close to or even above $1.5 trillion.
I know when I’m dealing with a troll. Good day to you.
I posed a question to highlight the bs that is called market cap. Not a negotiated acquisition. The topic is market cap. Nothing dishonest about it other than it’s Wall Street, which is not my dishonesty.
“I posed a question to highlight the bs that is called market cap. Not a negotiated acquisition.”
This is my final reply. I don’t do discussions with trolls. Your question only highlights your ignorance.
“Wonder if they can get a trillion for the company”
The answer has been given to you many times now. The answer is yes and more than $1 trillion. That is if anyone could afford it which is not likely. Don’t get mad at others because you don’t like or understand the answer.
Yet again…
The article is not about acquisitions, it’s about market cap.
You’ve evaded the heart of my question. Thus you’ve failed your interview as my teacher. Troll that!
Troll Asks: Wonder if they can get a trillion for the company?
Other posters give the obvious answer which is yes and other posters patiently explain why the troll is wrong and doesn’t even understand his own question.
Troll gets on his tricycle and backpeddles and says no no no I wasn’t wrong I meant something else with my question even though the question can only mean one thing and only has one possible answer.
You got pwned son! Bwahahahahahahahahahaha!
Only an idiot like banned Citizen X would write a stupid post such as this …
They wouldn’t get a trillion for the company. They would get more as TxUser rightly said. TxUser is also right that no one could afford to buy Apple.
no steve jobs, no steve wozniak, no mac, no apple, no next, no osx, no ipod, no itunes, no iphone, no ios, no mdn. no no no, no branches of the tree that never was
The tree that never was – I sense that to be a profound, counterfactual revelation.. But it could not be, since you as a Traveller could not fracture Time by revealing such an insight.
Most of the rest of us prefer “it is what it is” to “what might have been” except for the diseased sort who see things that aren’t so.
🙂 it’s an intriguing, cloud atlas indulgence to consider the ripples through time and human events caused by the conjunction of the two steves and then again, as steve jobs continued his pursuit of vision. i find it fascinating to think about our own personal lives in this regard, how our own voice and our own endeavors, insignificant though they may seem, ripple and branch through time and human events. it engenders a greater sense of responsibility within my psyche because i know i can be a force for good in this wonderful world of order and chaos. i know it would be a great waste of potential for me to despair rather than believe i can make a difference. what if steve jobs had just continued to pick apples. what if you decided to ban me. what if you didn’t believe me. what if i didn’t believe you. somewhere, there’s a young girl who wants to be consequential, even if it makes a difference only to herself. i have no idea if i make sense.
The young girl part makes sense. I can make a difference, I know. Just how, I can’t be sure. But try.
Congratulations Apple on the astonishing accomplishment.
OMFG!! Apple are going out of business!!!
SIDAGTMBTTS!!
=:~)
Truly amazing when one considers that Apple’s market cap had fallen to $1.7 billion ($2.67 inflation adjusted) in 1997 prior to Jobs’s return. Jobs’s best decision may have been to select Tim Cook as CEO.
Good point. Even as recently as the Spring of 2003, when Apple was about $12/share, pre-splits, about $10 of that was actually cash, so, $2/share was the enterprise value. Given that Apple has split 14:1 since then, Apple’s post-split value was about 85 cents, with 71 cents of that as cash, so about 14 cents/share in EV. Don’t remember how many shares outstanding there were back then, but Apple may not have been worth much more than $1B in EV.
“Jobs’s best decision may have been to select Tim Cook as CEO.”
No, it was Jobs worst decision after Sculley.
Any CEO can ride first class in the iPhone gravy train that Steve created …
iCloud Nine!