quinney

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quinney
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  • AAPL hits new closing high of $227.63, capping historic August for the company

    It's nice how Apple has the market cap crown for a short while. By the end of September, Amazon will have stolen the market cap crown (like candy from a baby) and won't ever give it back. There's absolutely nothing Apple can do about it to get it back. Jeff Bezos is hungry while Tim Cook doesn't care one way or another if Apple doesn't have the highest market cap. If Apple had acquired a cloud computing business, they would have had a good chance of battling it out with AWS. Now, Apple has nothing. A tech company without a cloud computing business is like a race car driver without a race car. Wall Street has endless praise for companies with cloud computing businesses that are said to have unlimited growth potential. Apple never pays attention to what Wall Street values the most. Too bad for Apple shareholders. All the Apple bulls who laughed at Amazon not making profit will now have to watch as Amazon leaves Apple in the dust in terms of overall value.
    AMZN just surpassed TSLA to become the most shorted stock.  Those short sellers are not passive about their bets.  You can expect to see lots of FUD propaganda about AMZN on an ongoing basis.  This might put a damper on the price rise of AMZN.
    docno42stourque
  • Verizon throttled California fire department's data as it fought wildfires

    Does the water company throttle the amount of water the fire department uses? ("Sorry, sir, you're over your limit.")
    Thankfully, the water companies have not been privatized yet, so the fire departments were not throttled for water.
    dysamoria
  • Apple's secret Services sauce sells systems

    Clearly AI has hired Sylvester the Cat to write its headlines.
    baconstangroundaboutnowchunkpylon[Deleted User]jony0
  • Huawei surpasses Apple as world's No. 2 smartphone vendor

    LOL. Who cares about units shipped? Down that road lies ruin.
    IDC about IDC.
    rich gregorypscooter63watto_cobra
  • What movie studio consolidation means for Apple's media ambitions

    Not sure what you mean when you say no one knows what the valuation of Lions Gate is.  It is a publicly traded company worth $5.166 billion, according to Yahoo finance.
    watto_cobra