Your linked article isn't the only one written today or yesterday on the subject. I suggest you poke around a bit to find a few more articles that make the valid point : biggest on the planet earth!
Unfortunately that weird AP article makes up a lot of those links. But the story here is accurate.
The article title says on the Earth. As far as I know that includes China. BTW Apple passed PetroChina many months ago.
Yeah , I think what the author of the AP article was trying to do was include private companies, since the publicly traded parts of PetroChina and PetroBas are just branches of the larger entities. Unfortunately the article repeatedly talks about market cap a lot and then goes off on an un related tangent. It never bothers to explain it either. AP revises stories fairly often, perhaps they will try and clarify.
Those are state owned enterprises and thus they don't actually have a market cap, another would be Aramco which has been valued in the past at over a trillion dollars. But it's not a meaningful comparison, you can only compare market cap with other publicly traded firms - and of those Apple is the most valuable.
Umm a product refresh does not count as a new product.
iMac 1997
Mac Mini 2003
MacBook 2005
MacBook Pro 2006
Mac Pro 2006
MacBook Air 2006
Mac Mini Server 2007
Mac Pro Server 2010
My dates are more than likely out because I was working off the top of my head but there have been no new Macs since around 2005/2006 just product refreshes.
Going on this basis it's been 1 year since a new Mac product was introduced.
Yes, they are not the category defining products we are thinking about, but Apple is able to generate hype over new colors and NAS... The ecosystem is worth noting, particularly for accuracy's sake.
Yes, they are not the category defining products we are thinking about, but Apple is able to generate hype over new colors and NAS... The ecosystem is worth noting, particularly for accuracy's sake.
I was working in the Macintosh tech support group for an ISP, everyone was predicting Apple's imminent demise, the group was being broken up and the stock was trading at 13. Damn.
I was working in the Macintosh tech support group for an ISP, everyone was predicting Apple's imminent demise, the group was being broken up and the stock was trading at 13. Damn.
I had 30 shares I sold at $17 (after my ex split so she wouldn't get any of it ). I had bought at like $25.
I had 30 shares I sold at $17 (after my ex split so she wouldn't get any of it ). I had bought at like $25.
That $510 would have now been $23334.60.
Are you accounting for splits? Remember the stock has split twice since June 2000.
I was telling everyone I knew to buy Apple shortly after Jobs regained the helm in December 1997 at (an adjusted) $3.23/share. If only I hadn't been a penniless high school student at the time. \
As much as I like Apple, doesn't anyone else find it a bit worrying that what investors have valued the most valuable company in the world makes most of it's profit from selling a phone. It wan't that long ago that Motorola had the No 1 phone and before that Nokia, there not exactly doing particularly well now.
As much as I like Apple, doesn't anyone else find it a bit worrying that what investors have valued the most valuable company in the world makes most of it's profit from selling a phone. It wan't that long ago that Motorola had the No 1 phone and before that Nokia, there not exactly doing particularly well
exactly...in 10 years, Apple won't even be in the top 10, but ExxonMobil will still be there. Oil still rules.
As much as I like Apple, doesn't anyone else find it a bit worrying that what investors have valued the most valuable company in the world makes most of it's profit from selling a phone. It wan't that long ago that Motorola had the No 1 phone and before that Nokia, there not exactly doing particularly well now.
Can't believe nobodys mentioned iTunes!!!
Not at all. It shows that Apple isn't standing still or resting on its laurels, like Motorola and Nokia. Apple is also truly INNOVATING with a NEW TYPE of phone--all VERY unlike Motorola and Nokia.
The uniqueness here is that Apple has been very busy this past DECADE developing OS X. Steve said at his initial keynote for OSX a decade ago that Apple is betting its future on the OS. Well, they did. And now it's paying off in spades.
No other company can hope to compete with the current Apple ecosystem of OSX, iOS, products, and retail stores without an effort of comparable magnitude.
Are you accounting for splits? Remember the stock has split twice since June 2000.
I was telling everyone I knew to buy Apple shortly after Jobs regained the helm in December 1997 at (an adjusted) $3.23/share. If only I hadn't been a penniless high school student at the time. \
I could say I took your advice but I bought in September 1997. My basis is around $4.00 a share.
Comments
Your linked article isn't the only one written today or yesterday on the subject. I suggest you poke around a bit to find a few more articles that make the valid point : biggest on the planet earth!
Unfortunately that weird AP article makes up a lot of those links. But the story here is accurate.
Now, it's taking on the below-ground......
How do they fair on the moon though? That's the real question on everyone's chapped-lips.
Yep, the moon is fair (when not full).
The article title says on the Earth. As far as I know that includes China. BTW Apple passed PetroChina many months ago.
Yeah , I think what the author of the AP article was trying to do was include private companies, since the publicly traded parts of PetroChina and PetroBas are just branches of the larger entities. Unfortunately the article repeatedly talks about market cap a lot and then goes off on an un related tangent. It never bothers to explain it either. AP revises stories fairly often, perhaps they will try and clarify.
Not earth but rather the USA. Here is at least my source.
http://seattletimes.nwsource.com/htm...eatsexxon.html
WRONG! Expand your horizons and read multiple sources.
The article title says on the Earth. As far as I know that includes China and the claim is valid, for today at least.
WRONG! Expand your horizons and read multiple sources.
The article title says on the Earth. As far as I know that includes China and the claim is valid, for today at least.
For a public company, yes.
PTR is only 14% public.
Those are state owned enterprises and thus they don't actually have a market cap, another would be Aramco which has been valued in the past at over a trillion dollars. But it's not a meaningful comparison, you can only compare market cap with other publicly traded firms - and of those Apple is the most valuable.
That's right.
Umm a product refresh does not count as a new product.
iMac 1997
Mac Mini 2003
MacBook 2005
MacBook Pro 2006
Mac Pro 2006
MacBook Air 2006
Mac Mini Server 2007
Mac Pro Server 2010
My dates are more than likely out because I was working off the top of my head but there have been no new Macs since around 2005/2006 just product refreshes.
Going on this basis it's been 1 year since a new Mac product was introduced.
Time Capsule, Magic Mouse, XServe, iPod shuffle, iPod nano, iPod touch, Airport, Airport Express, Magic Mouse, Magic Trackpad, Studio Display, Cinema Display, LED/Thunderbolt display
Yes, they are not the category defining products we are thinking about, but Apple is able to generate hype over new colors and NAS... The ecosystem is worth noting, particularly for accuracy's sake.
Time Capsule, Magic Mouse, XServe, iPod shuffle, iPod nano, iPod touch, Airport, Airport Express, Magic Mouse, Magic Trackpad, Studio Display, Cinema Display, LED/Thunderbolt display
Yes, they are not the category defining products we are thinking about, but Apple is able to generate hype over new colors and NAS... The ecosystem is worth noting, particularly for accuracy's sake.
Don't forget Mac OS X and Intel Macs.
These were extremely significant.
I was working in the Macintosh tech support group for an ISP, everyone was predicting Apple's imminent demise, the group was being broken up and the stock was trading at 13. Damn.
I had 30 shares I sold at $17 (after my ex split so she wouldn't get any of it
That $510 would have now been $23334.60.
I had 30 shares I sold at $17 (after my ex split so she wouldn't get any of it
That $510 would have now been $23334.60.
Are you accounting for splits? Remember the stock has split twice since June 2000.
I was telling everyone I knew to buy Apple shortly after Jobs regained the helm in December 1997 at (an adjusted) $3.23/share. If only I hadn't been a penniless high school student at the time.
Don't forget Mac OS X and Intel Macs.
These were extremely significant.
Can't believe nobodys mentioned iTunes!!!
As much as I like Apple, doesn't anyone else find it a bit worrying that what investors have valued the most valuable company in the world makes most of it's profit from selling a phone. It wan't that long ago that Motorola had the No 1 phone and before that Nokia, there not exactly doing particularly well
exactly...in 10 years, Apple won't even be in the top 10, but ExxonMobil will still be there. Oil still rules.
As much as I like Apple, doesn't anyone else find it a bit worrying that what investors have valued the most valuable company in the world makes most of it's profit from selling a phone. It wan't that long ago that Motorola had the No 1 phone and before that Nokia, there not exactly doing particularly well now.
Can't believe nobodys mentioned iTunes!!!
Not at all. It shows that Apple isn't standing still or resting on its laurels, like Motorola and Nokia. Apple is also truly INNOVATING with a NEW TYPE of phone--all VERY unlike Motorola and Nokia.
The uniqueness here is that Apple has been very busy this past DECADE developing OS X. Steve said at his initial keynote for OSX a decade ago that Apple is betting its future on the OS. Well, they did. And now it's paying off in spades.
No other company can hope to compete with the current Apple ecosystem of OSX, iOS, products, and retail stores without an effort of comparable magnitude.
Yep, the moon is fair (when not full).
fare lol
exactly...in 10 years, Apple won't even be in the top 10, but ExxonMobil will still be there. Oil still rules.
It seems like you have a lock on the future... could I get some lottery numbers from you?
I'm quite sure that Apple won't be at or near the top in 10 years... but I would never go so far to say that it won't be in the top 10.
Are you accounting for splits? Remember the stock has split twice since June 2000.
I was telling everyone I knew to buy Apple shortly after Jobs regained the helm in December 1997 at (an adjusted) $3.23/share. If only I hadn't been a penniless high school student at the time.
I could say I took your advice but I bought in September 1997. My basis is around $4.00 a share.