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Apple becomes the first $1T company

washingtonpost.com

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Re: Apple becomes the first $1T company

#291

Post by earenndil »

tooltalk wrote: post #238
temuze wrote: post #171

Earlier quoted context omitted.

I think there's three big reasons. Reason #1: Apple has 243.7B in cash right now. That'll already push them to nearly Samsung's valuation. Reason #2: Samsung's business is more vulnerable. Most of their profits came from the chips division: https://money.cnn.com/2017/07/27/technology/samsung-profit-a... Samsung sells components to many companies, including Apple. In fact, Samsung makes more money from iPhone than the…

#1, so you agree that it is undervalued? #2, Samsung's business is diversified, not vulnerable. During the DRAM glut years ago, the mobile division's higher profit helped cushion their chip division's lower profit. Now, it's the other way around. Also, unlike Apple's reliance on a single product line, their mobile sales come from many different models, greater than the sales of Apple's in aggregate, but, as individua…

> outsourced manufacturing to Taiwan/China

Actually, it's 50/50 chips produced by TSMC (taiwan semiconductor) and samsung.

Re: Apple becomes the first $1T company

#292

Post by earenndil »

corysama wrote: post #278
bduerst wrote: post #185

Earlier quoted context omitted.

DDG is essentially just a reskin of Bing.

A privacy filter over Bing is fine by me. Lately I've been switching to incongnito every time I search for any product, video or anything to do with news or politics. It's getting ridiculous. I should just switch to DDG permanently.

Use startpage, then. It's a reskin over google, which seems to provide better results.

Re: Apple becomes the first $1T company

#293

Post by anon12341234 »

IloveHN84 wrote: post #186

Without paying taxes, or a very small percentage, it's a fake achievement.

The paid an effective tax rate of 25% over the last 9 months.

Also, I fail to see how it would diminish the achievement even if they weren't paying taxes. $1 trillion is extraordinarily valuable. There is zero chance you could create a company that big even if all your taxes were waived.

Re: Apple becomes the first $1T company

#294

Post by anon12341234 »

themihai wrote: post #228
KSS42 wrote: post #38

Earlier quoted context omitted.

Apple is also the largest tax payer also? (according to Apple!) https://www.apple.com/ca/newsroom/2017/11/the-facts-about-ap...

So the mere mortals should be thankful for the little Apple gives them, right? Small businesses competing with Apple should be just fine as well I guess even if they don't have the same tax advantage.

The comment you're replying to proves that Apple gives them way more than a little.

Re: Apple becomes the first $1T company

#295

Post by willtim »

ttoinou wrote: post #213
willtim wrote: post #70

Earlier quoted context omitted.

The tax deal Apple made with Ireland between 1991 and 2015 allowed them to avoid tax on almost all profits across the EU, booking the profits in Ireland rather than the country of sale and paying less than 1% corporation tax (0.005% in 2014). Given that most of their tech stack comes from publicly funded research, the system is clearly broken.

Given that most of their tech stack comes from publicly funded research, the system is clearly broken. You're right, no research should be publicly funded

Public funding is needed for any research with long timescales and no quick route to monetisation. It has given you and Apple, for example, the internet, the world-wide-web, GPS and touch-screen displays.

Re: Apple becomes the first $1T company

#296

Post by Tactic »

pliny wrote: post #56

>“Apple’s $1 trillion cap is equal to about 5 percent of the total gross domestic product of the United States in 2018,” said David Kass, professor of finance at the University of Maryland. “That puts this company in perspective.” The comparison would be Apple net income (~$50B) vs. GDP, not market cap (which has units of USD) vs. GDP (which has units of USD per year).

He said it is "equal to" not that it accounts for. I believe the analogy is valid, though can be easily misleading.

Re: Apple becomes the first $1T company

#298

Post by hnisgroupthink »

dijit wrote: post #107
chatmasta wrote: post #78

Earlier quoted context omitted.

We can still complain about their walled-garden approach to software distribution, particularly the extortionist 30% fee and handicapping of non-native apps. Or their kowtowing to the Chinese censors.

The 30% fee is not baseless. Steam charges 30% to be on its store. Same with PlayStation and Microsoft Store. Seems like it’s the standard distribution fee.

> 30% fee

This is what decentralized platforms fix. I'd rather keep the money as an app owner, and split the difference with the consumer(or just keep all of it). Even better if there's an avenue to avoid the government taking 50% too.

Re: Apple becomes the first $1T company

#299

Post by RealityVoid »

ben174 wrote: post #57
paulpauper wrote: post #48

Earlier quoted context omitted.

doesn't mean he held them though

This is what I tell everyone when they kick themselves for not buying BTC when it was $0.25. You would have sold them the second they hit $1.00. The only people I know who got rich off BTC are those who found an old wallet on an old drive in their garage.

Define "rich". I know someone who had an almost 20x ROI with BTC and is still holding it since 2013 I think. That is _VERY_ good ROI, I think. But the invested sum was a paltry $1000 that was a lot for him at the time.

Re: Apple becomes the first $1T company

#300

Post by scarface74 »

mercer wrote: post #254
linuxftw wrote: post #197

Earlier quoted context omitted.

It's easy to forget just how popular ipods were. I think you're right, that is a very important aspect of the original iphone.

let's not forget it was unveiled as a touch-based ipod + web browser + phone!

Also, while no one at the time predicted what the iPhone would look like, it was right under everyone’s nose.

Reveryone was predicting a “True Video iPod”. An iPod with a widescreen display and all touch.

http://medialoper.com/video-ipod-delay-may-be-a-bad-thing-af...

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