21–30 of 541 posts
Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.
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Harry Truman said in 1945 about the atomic bomb, "We thank God that it has come to us, instead of to our enemies". I feel the same way about Apple and FAANG and Silicon Valley as a whole (and Wall Street, and Hollywood, and SpaceX/Tesla, and the Ivy League), that they are in the United States. That doesn't mean I approve of everything they do. That doesn't mean I can't or won't decry their putting thumbs on scales to…
You mean AAG? :) both Facebook and Netflix have slid dramatically from their prior glory.
Apple is unbeatable, what numbers jeez. And to think, Apple’s main competitor being practically forced into giving them money is what saved them. The government should take something from this and not allow for too much consolidation. I’m sure apple giving a few billion to a few hundred small companies could yield some results. I’m very curious what would happen to Google and Meta if Apple announced they’re going to…
Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.
Earlier quoted context omitted.
2% of (nominal) US GDP! If Apple were a country, it would rank in the top 30.
Harry Truman said in 1945 about the atomic bomb, "We thank God that it has come to us, instead of to our enemies". I feel the same way about Apple and FAANG and Silicon Valley as a whole (and Wall Street, and Hollywood, and SpaceX/Tesla, and the Ivy League), that they are in the United States. That doesn't mean I approve of everything they do. That doesn't mean I can't or won't decry their putting thumbs on scales to…
It's not an accident.
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By “est”, you mean estimates made by people who have nothing to do with the company, not by Apple themselves.
The people " who have nothing to do with the company " are the ones who buy or sell the stock, and end up dictating what the price action would be post earnings call. So you're technically correct, but it doesn't change the fact that the estimates done by analysts materially influence stock performance.
I.e. it’s a reflection of their position, not Apple’s.
Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.
It's amazing. I sometimes wonder what value these people see in this stuff. I guess I just "think different" as nothing that Apple offers is compelling to me in the slightest way. Yet one can't deny the reality.
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By “est”, you mean estimates made by people who have nothing to do with the company, not by Apple themselves.
Somewhat, they are typically generated by the analysts whose job it is to follow the company. However, Those analysts typically get their numbers in large part by talking to the investor relations/CFO of these companies so the estimates are usually pretty good.
Annual revenue of $394 billion, more than a billion a day. Not the first company to do it, though. Exxon did it in the 2000s when oil was up to $140, and I think Walmart did it, too.
This is simply the greatest business to have ever been created. I can't imagine anything else ever topping it. The margins AND the volume are both insane.