hoops23
Posts: 15,696
Aug 11, 2011 2:50am
http://www.google.com/hostednews/afp/article/ALeqM5h1Pe2dX4xP4wWs_1bdGcsnWCyAsw?docId=CNG.3f52ef86b556df5220f05bad79855509.3e1
http://www.forbes.com/sites/briancaulfield/2011/08/10/as-stock-market-burns-apple-most-valuable-company-in-it/
After surpassing Exxon for a brief period of time on Tuesday, Apple closed Wednesday as the most valuable company in the world.
Pretty crazy, given that 15 years ago many people thought they should fold up shop.
Even crazier is many experts feel Apple is actually undervalued.
This comes after the story that Apple had more cash on hand than the US Treasury.
http://articles.latimes.com/2011/jul/29/business/la-fi-apple-cash-20110730
http://www.forbes.com/sites/briancaulfield/2011/08/10/as-stock-market-burns-apple-most-valuable-company-in-it/
After surpassing Exxon for a brief period of time on Tuesday, Apple closed Wednesday as the most valuable company in the world.
Pretty crazy, given that 15 years ago many people thought they should fold up shop.
Even crazier is many experts feel Apple is actually undervalued.
This comes after the story that Apple had more cash on hand than the US Treasury.
http://articles.latimes.com/2011/jul/29/business/la-fi-apple-cash-20110730
justincredible
Posts: 32,056
Aug 11, 2011 8:55am
Steve Jobs. Like a boss.
Devils Advocate
Posts: 4,539
Aug 11, 2011 10:55am
Looks like it lasted about 13 minutes
http://www.businessinsider.com/apple-exxon-market-cap-2011-8
http://www.businessinsider.com/apple-exxon-market-cap-2011-8
W
WebFire
Posts: 14,779
Aug 11, 2011 11:03am
I'm not sure it's a good thing anyway. The government will eventually try to split them up somehow.
sleeper
Posts: 27,879
Aug 11, 2011 11:30am
Most valuable on paper.
Scarlet_Buckeye
Posts: 5,264
Aug 11, 2011 12:52pm
justincredible;858476 wrote:Steve Jobs. Like a boss.
This.
M
MontyBrunswick
Aug 11, 2011 12:57pm
sleeper;858615 wrote:Most valuable on paper.
yup
Automatik
Posts: 14,632
Aug 11, 2011 1:00pm
sleeper;858615 wrote:Most valuable on paper.
Numbers don't lie.
M
MontyBrunswick
Aug 11, 2011 1:04pm
Yahoo was one of the most valuable companies in the world at one point, now look at them.
Automatik
Posts: 14,632
Aug 11, 2011 1:09pm
dlazz;858726 wrote:Yahoo was one of the most valuable companies in the world at one point, now look at them.
Apples to oranges. With the rate they are going I see Apple running shit for years to come.
M
MontyBrunswick
Aug 11, 2011 1:13pm
Automatik;858731 wrote:Apples to oranges.
how so?
J
Jawbreaker
Posts: 520
Aug 11, 2011 1:14pm
Automatik;858731 wrote:Apples to oranges. With the rate they are going I see Apple running **** for years to come.
Yes, because Steve Jobs will live forever.
Q
QuakerOats
Posts: 8,740
Aug 11, 2011 1:16pm
Greed .................. let's tax them out of existence.
BHO
BHO
Automatik
Posts: 14,632
Aug 11, 2011 1:17pm
Jawbreaker;858736 wrote:Yes, because Steve Jobs will live forever.
lol I'm sure with his condition he has a plan of action. Its not like Apple will come to a halt when hes gone,
justincredible
Posts: 32,056
Aug 11, 2011 1:17pm
Jawbreaker;858736 wrote:Yes, because Steve Jobs will live forever.
No, but I'm sure he's really careful with who he surrounds himself with.
hoops23
Posts: 15,696
Aug 11, 2011 1:24pm
Devils Advocate;858581 wrote:Looks like it lasted about 13 minutes
http://www.businessinsider.com/apple-exxon-market-cap-2011-8
Reading comprehension fail. That was from Tuesday, which I explained in my opening post. Apple briefly passed Exxon on Tuesday, but CLOSED Wednesday as the most valuable company.
Also, lol @ the Apple haters. Try to come up with any kind of BS they can.
Scarlet_Buckeye
Posts: 5,264
Aug 11, 2011 1:24pm
dlazz;858734 wrote:how so?
Uhm... because Yahoo never invented the iPod, iPhone, or iPad?!
J
Jawbreaker
Posts: 520
Aug 11, 2011 1:25pm
justincredible;858742 wrote:No, but I'm sure he's really careful with who he surrounds himself with.
Maybe so, but he is what makes that company tick. Even with his time off from the company. Either way, Apple isn't going anywhere any time soon. All this money they have sitting around makes you think they could give a little more to developers and have some lower cost products.
J
Jawbreaker
Posts: 520
Aug 11, 2011 1:26pm
Scarlet_Buckeye;858750 wrote:Uhm... because Yahoo never invented the iPod, iPhone, or iPad?!
I believe they did have a chance to buy Google. They really failed at that.
M
MontyBrunswick
Aug 11, 2011 1:27pm
Scarlet_Buckeye;858750 wrote:Uhm... because Yahoo never invented the iPod, iPhone, or iPad?!
Yahoo was the must-have tech company in the late 90's early 2000's, now it is Apple.
So tell me, how is it any different? What services/products each offers is completely irrelevant.
sleeper
Posts: 27,879
Aug 11, 2011 1:29pm
hoops23;858749 wrote:Reading comprehension fail. That was from Tuesday, which I explained in my opening post. Apple briefly passed Exxon on Tuesday, but CLOSED Wednesday as the most valuable company.
Also, lol @ the Apple haters. Try to come up with any kind of BS they can.
The Apple fan boys who care about being the most valuable company(on paper) are even worse.
Automatik
Posts: 14,632
Aug 11, 2011 1:30pm
dlazz;858754 wrote:Yahoo was the must-have tech company in the late 90's early 2000's, now it is Apple.
So tell me, how is it any different? What services/products each offers is completely irrelevant.
Must have what? What physical products did Yahoo develop and keep rolling out? Yahoo basically got rolled by Google. Who is going to do that to Apple?
Scarlet_Buckeye
Posts: 5,264
Aug 11, 2011 1:30pm
dlazz;858754 wrote:Yahoo was the must-have tech company in the late 90's early 2000's, now it is Apple.
So tell me, how is it any different? What services/products each offers is completely irrelevant.
If you can't understand the difference between Yahoo! from the late 90s, early 2000s and Apple (present day), then I don't know what to tell you my friend. The two are NOT similar.
Automatik
Posts: 14,632
Aug 11, 2011 1:31pm
Love or hate, you can't deny that Apple has their shit on lock. The best their competitors can do is copy.
Q
queencitybuckeye
Posts: 7,117
Aug 11, 2011 1:33pm
justincredible;858742 wrote:No, but I'm sure he's really careful with who he surrounds himself with.
He's close friends with Larry Ellison, so not so much.