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.
Apple becomes the first $1T company
321–330 of 352 posts
Re: Apple becomes the first $1T company
#322Earlier 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…
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
#323Earlier 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.
Re: Apple becomes the first $1T company
#324Re: Apple becomes the first $1T company
#325Alphabet has two stock symbols (GOOG & GOOGL); they have a combined market cap of ~$1.6T. Does this not count?
Re: Apple becomes the first $1T company
#326Re: Apple becomes the first $1T company
#327Alphabet 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.
Re: Apple becomes the first $1T company
#328I 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…
Re: Apple becomes the first $1T company
#329Earlier 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.
Re: Apple becomes the first $1T company
#330Earlier 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.