Archived Apple is the first trillion dollar US company (news.alphastreet.com)
submitted ago by jammybritton27
Posted by: jammybritton27
Posting time: 2.3 years ago on
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Archived on: 11/1/2018 10:00:00 AM
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Archived Apple is the first trillion dollar US company (news.alphastreet.com)
submitted ago by jammybritton27
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[–] R34p_Th3_Wh0r1w1nd 0 points 2 points 2 points (+2|-0) ago
Funny because there was a claim Google was a trillion dollar company a few years ago.
[–] 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.
[–] viperguy 1 point -1 points 0 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!