Avoided the most taxes in history too!
IT takes two to tango, the Irish government was ordered by the E.U. to pick up those ten billion or so of taxes but they didn't think it would be the thing to do and didn't demand what was rightfully theirs.
Apple becomes the first $1T company
31–40 of 352 posts
Re: Apple becomes the first $1T company
#32No. It is the first PUBLICALY TRADED company on the US STOCK MARKET to be valued at $1T. There have been many companies that have broken that point in inflation-adjusted and NON-inflation-adjusted valuations. Three big ones are the Dutch East India company, the most valuable company in history, Standard Oil, the most valuable US company ever, and Saudi Aramco, the current, most valuable company. I've seen to many art…
I'd say more interesting is the Dutch East India company sort of portrays what life would be like if companies became their own govts.
Re: Apple becomes the first $1T company
#33If time travel existed, I'd go back and buy me some 1980's Apple stock. I think we just proved time travel can't happen.
Maybe someone advanced enough to master time travel no longer has need for money?
A bit like saying we could go back three thousand years and corner the market in nifty sea shells
Re: Apple becomes the first $1T company
#34Not so fast, they bought back $20 Billion in stock last quarter.
Re: Apple becomes the first $1T company
#35I went to grad school with a guy who, the day Apple stock hit $14 a share, decided to spend $500 of his grad student stipend to buy some. He figured Apple's cash on hand was worth more than $14 a share.
I thought he was nuts. I was an idiot.
Re: Apple becomes the first $1T company
#36When I worked at Apple in the mid-90's (BS before Steve) they lost $1B while I was there. I left and moved away because I didn't want to be there when it was sold or went out of business. Exactly one year later Steve came back. Oh well. Being there at the time not one person would have ever thought Apple could be viable much less worth $1T.
Can you tell us a bit more about the morale and employees opinions back then? Was there a prevalent theory about what's wrong and how to fix it?
Re: Apple becomes the first $1T company
#37Avoided the most taxes in history too!
Except, you know, all the sales tax collected in their retail channels. And employment taxes on their 80,000 domestic employees. And property taxes. And real-estate fees. And government testing. And the obscene amounts of duties they pay importing every single thing they make.
That's just for the U.S., in every other country they do business those apply as well (with exception of perhaps the import duties for business done in China).
Re: Apple becomes the first $1T company
#38Avoided the most taxes in history too!
Apple is also the largest tax payer also?
(according to Apple!)
https://www.apple.com/ca/newsroom/2017/11/the-facts-about-ap...
Re: Apple becomes the first $1T company
#39Re: Apple becomes the first $1T company
#40If time travel existed, I'd go back and buy me some 1980's Apple stock. I think we just proved time travel can't happen.
Just go back to 2009 and buy bitcoin, then sell it on 15 Dec 2017 at $17,500.