28 replies to this topic 3 votes

[Hum]

Apple is currently worth something like zillion dollars (read: $656 billion) and it has no signs of slowing down. The question , when are they going to reach the unreachable summit? When is Apple going to break the trillion dollar ceiling?

According to Bilton, analysts and investors think a reasonable assumption given the current trends is that Apple will crack the $1 trillion plateau on April 9, 2015, at around 11 a.m., which seems strangely specific all things considered. But, Bilton warns, there are other analysts (read: more fun analysts) who think Apple could do it within the year. Yep, they think Apple could do it by August 16, 2013. No specific time was given.

Having Apple skyrocket up the stock market charts with a bullet to the tune of another $350 billion is unlikely. “It’s hard to imagine Apple growing any faster," said Michael E. Driscoll, chief executive a big data and predictive analytics company, who thinks the 2015 guesstimate is right.

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[Eddie7]

How do you think Apple is making the money?






Litigate definition: http://www.cntw.me/k7ri3f9w

[theyarecomingforyou]

That's what happens when an American company employees people working in slave-like conditions in China to make their products rather than giving the jobs to people in their home country. By simply reducing their profit margin slightly they could still offer the same products at the same price and provide the US economy with much needed jobs, while improving brand image. Instead the slave factories they employ have to put up anti-suicide nets at all their facilities to prevent their workers from literally jumping to their deaths, while riots break out due to the oppressive treatment of "employees". Globalisation has allowed businesses to avoid all the legal safeguards required in their native country by exporting jobs to countries which race-to-the-bottom to provide the worst working conditions and lowest pay. No company needs a trillion dollars in the bank and in fact it gives them far too much influence.

Infinite growth with limited resources and a limited population is unsustainable. The economic model employed by most countries and businesses is completely unsustainable and creates a huge amount of suffering as economies boom and bust.

[+remixedcat]

and they paid some schmucks 2 dollars to make thier mapping app......

[Luis Mazza]

Apple may not grow faster, but the idiocracy of fanboys does...

[Xerax]

And when people realize they are not worth $1 trillion, that's going to be one hell of a fall out. And not in a good way.

[pwgarner]

I wonder if these "analyst" are taking in to account that Samsung is suing them over LTE patents and there is a good chance Sammy could win? A ban on the new iPhone or a huge payment for licensing could change some things. Seems that they just want it to keep growing like a few years ago they said it was a group of traders trying to push oil over $100 a barrel just because they could.

[Nogib]

When you are quite literally a cult, it isn't hard to suck your members dry of every dime they have.

[Boz]

Worth on paper is just that.. worth on paper.. if their iphone dries out and people don't want it anymore and they lose their brand hype which is already happening btw.. that 600+ billion is going to quickly become near nothing. It's all smoke and mirrors.

[moloko]

The are worth so much now in cash..not just stocks right? I mean they have CASH in the vault. Even if the stock drops to nothing..they have BILLIONS in the bank for reserves unlike other companies.

[Shiranui]

And Facebook is worth $40 a share.

[moloko]

Apple now has over $100 BILLION in Cash Reserves

[+zhiVago]

Here's a tricky question:

Which country's GDP do Apple's product sales count towards to: U.S., China, or both?

Shiranui, on 24 September 2012 - 05:12, said:

And Facebook is worth $40 a share.

haha

[Boz]

moloko, on 24 September 2012 - 04:57, said:

The are worth so much now in cash..not just stocks right? I mean they have CASH in the vault. Even if the stock drops to nothing..they have BILLIONS in the bank for reserves unlike other companies.

Here's some insight. Their operating costs (meaning just costs to run the business) are near $15 billion a year (this does not include items such as mortgage payments and capital expenditures and other stuff). This means that in about 5 years if they get into doo doo, that cash is gonna melt away. I'm not going into the fact that investors will want that money. They can't hoard cash forever. This is why many investors and people who actually know this stuff much better than anyone on this forum have concerns that if Apple doesn't introduce something as huge as iPhone or iPod, all that value goes away fairly quickly.

Will Apple go bankrupt.. no.. that's highly unlikely even if nobody buys an iPhone or iPad again, but we are talking about market value here. It's very clear that "value" Apple holds is heavily inflated and mostly brand related.

[Ethan C. Nobles]

theyarecomingforyou, on 24 September 2012 - 01:07, said:

That's what happens when an American company employees people working in slave-like conditions in China to make their products rather than giving the jobs to people in their home country. By simply reducing their profit margin slightly they could still offer the same products at the same price and provide the US economy with much needed jobs, while improving brand image. Instead the slave factories they employ have to put up anti-suicide nets at all their facilities to prevent their workers from literally jumping to their deaths, while riots break out due to the oppressive treatment of "employees". Globalisation has allowed businesses to avoid all the legal safeguards required in their native country by exporting jobs to countries which race-to-the-bottom to provide the worst working conditions and lowest pay. No company needs a trillion dollars in the bank and in fact it gives them far too much influence.

Infinite growth with limited resources and a limited population is unsustainable. The economic model employed by most countries and businesses is completely unsustainable and creates a huge amount of suffering as economies boom and bust.

Can't argue with a bit of that. What is very sad is that all U.S. tech firms seems to employ the same strategy and that may shoot them in the foot one day. It makes very little sense to actively shift jobs away from the very consumers that are supposed to buy these dandy toys. One would think people employed in the tech industry would have some foresight, but that doesn't seem to be the case.