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Apple becomes the first $1T company

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321–330 of 352 posts

Re: Apple becomes the first $1T company

#321

Earlier quoted context omitted.

#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.

That was years ago when Samsung was on 14nm (vs TSMC's 16nm). Apple completely moved all US based A chips manufacturing to Taiwan.

Re: Apple becomes the first $1T company

#322
post #169

Earlier quoted context omitted.

While phones were routinely 'free' or $99, iPods were wildly popular in 2007 and routinely cost $300+, and one of the three legs the iPhone stood on was being an iPod. It should have been a red flag back then if market researchers and the people that hired them didn't see this as a convergence of music player + phone markets; it was the point of the keynote ! I remember people complaining then that they had to carry…

It seems like Bill Gates didn't want to believe. From an anecdote about Marc Porat and General Magic [1]: >Eventually you won’t really need a PC, because all your work will be in a sort of cloud.” >Suddenly there was an explosion from across the table. “MARC, THAT’S FUCKING BULLSHIT AND YOU KNOW IT!” It was Gates. To go all in they would have had to kill the PC. In the same way, MS didn't embrace browsers and the Int…

Nobody gets to upper management in an established company, ESPECIALLY not in sales, by using their own judgement to override everyone else's.

No matter how right they may be.

If you want that sort of position, burying your own ideas deep and hide them in shame (use them to impress interns if you must) is the only way to go.

Re: Apple becomes the first $1T company

#323

Earlier quoted context omitted.

They should have learned that lesson from the iPod - “No wireless, less space than a Nomad, Lame”

I guess the conclusion might be: Unimaginative people are bad at predicting the future.

Imaginative people are bad too, they predict the wrong version of the future.

Re: Apple becomes the first $1T company

#327

Alphabet has two stock symbols (GOOG & GOOGL); they have a combined market cap of ~$1.6T. Does this not count?

I think the stock quotes represent the same entity. So it wont be ~850B + ~850B.

I guess I just assumed the stock data would all be per-ticker-symbol, that is, market cap on a given symbol would simply be the number of shares on that symbol times the price. But Google itself does report identical market caps, now that I look closer, and that seems unlikely.

Re: Apple becomes the first $1T company

#328
post #320

I have to say this is an impressive achievement for Apple. Good on them. Although I am sad that an insane amount of wealth is being accrued by the few. The top 6 US companies (all of them tech) are worth more than 5 trillion. That's almost 30% of US GDP. In the last few years there's been an unprecedented rise in wealth yet as both a nation, and a part of a global civilization, we are moving back in some aspects. Eve…

They pay taxes, shouldn't government take care of these issues? Isn't that what governments are for?

Re: Apple becomes the first $1T company

#329

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.

Yes. Google seems to think that a single video totally changes what you prefer, especially if it is some popular topic like politics or music. OTOH it'll take a lot of ted lectures and programming videos to make your feed more oriented to words those. Is it me, or does anybody else notice this?

Re: Apple becomes the first $1T company

#330

Earlier quoted context omitted.

And I'm really curious why people here are not mentioning Apple gave Chinese gov access to icloud data for Chinese people. Kind of double standard I have to say...

People savage Google yesterday for launching a censored search in China. Apple essentially gives iCloud to the Chinese government and the outrage levels don't seem to be the same.

Its because google has 'don't be evil' as its unofficial motto. Googlers joined google because they agreed with their ethics. People at apple knew what thy were getting into and consumers knew and expected it to remain the same. Change causes chaos in humanity.
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