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[–] Heihoenschuzler 1 point 4 points (+5|-1) ago 

Awesome. It's 45% of the total GDP of Africa in 2017 (US$2.2 trillion).

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[–] Conspirologist 1 point 1 point (+2|-1) ago  (edited ago)

It's amazing how stupid people are. All you need is a good designer, and you can sell any overpriced crap to millions of assholes. The fact that only Apple managed to find a good designer says it all about the competition.

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[–] HighEnergyLife 1 point 1 point (+2|-1) ago 

How disappointing. They dont even make anything cool, theyre just selling an ideology

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[–] viperguy 1 point 0 points (+1|-1) ago  (edited ago)

The Market has Spoken, Hurray for Capitalism!

When you engineer products people WANT to use, not merely tolerate, you too can make a company with a market cap of over a trillion dollars.

Even poor people want to, and do, own Apple products.

Smart people (Lawyers, Physicians, Scientists, Fortune 500 CEOs) desire Apple products, as well as teens and low IQ 3rd world savages. Anecdotes decrying this absolute fact show desperation and misinformation.

Macintosh "just works", iPhone "just works" is the mantra.

Haters of Apple are typically irrational anal retentive (on psych tests) autistic spectrum affected dweebs that think command-lines and desktop linux and constant forking of unsupported Android branches are all "tolerable".

Every phone tries hard to copy Apples "trade dress" and "looks" but such fake ipads and fake iphones (all android) are usually reviled by the masses.

Apple's profit per phone as a percent is over 20 times higher than any other company, and their volume of scale ensures it.

All I see on forums with a high autist population of commandline windows and linux loving apple bashers, is irrational and economically unsound fools.

Disclosure : I and many of my relatives and friends are not only "long apple" at this low P/E ratio, over 20 people I know made over $200,000 betting on apple stock, and two over 500,000 on apple stock.

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[–] R34p_Th3_Wh0r1w1nd 0 points 2 points (+2|-0) ago 

Funny because there was a claim Google was a trillion dollar company a few years ago.

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[–] viperguy 1 point -1 points (+0|-1) ago 

Not true for goog, true for aapl. Also GOOG P/E is dangerously too high. Apples P/E is always the most safe and lowest of all profitable tech companies 1 fiftieth apple's size or larger. Apple P/E ratio this hour is still 18.81.

A reasonable 18.81 !!! compared to Google 51.9 ! or Twitter's risky hilarious "1,635.50 P/E" today.

Apple passed 1 trillion by far, midday today, and a few times after hours in prior days. The stock market itself is not based on claims or puffery, it is based on facts and authoritative values. Google today is 852.497 billion market cap, $854.99972 Billion was its historic highest ever. Far below Apple.

While as I type this Apple is over $ 1.003 Trillion dollars intra-day this minute !

Check for yourself...

https://finance.yahoo.com/quote/AAPL/

As commonly stated by the hundreds of millions of annual customers of Apple Products... they buy them because "Apple Just Works"

Imagine if Microsoft merely made "Windows 10 just Work"... they would surpass a trillion too, if they hired the right engineers.

I heard Microsoft has THREE TIMES MORE PAJEETS than apple, per-capita, working on their operating systems. Cause and affect? I do not know. It is true that both corps suffer astounding levels of brain drain, and under-value the correct engineers that flee in clusters to young startups continually, when stock options are underwater, or three years pending to vest.

Hurray for Capitalism!

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[–] viperguy ago 

I like how you DOWNVOTED to negative total my detailed and helpful fact regarding the peak value google ever attained as being merely $854.99972 Billion. You seem really mature.