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Old 08-03-2018, 02:43 AM
 
Location: Macon, Georgia
462 posts, read 182,158 times
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Amazon, Alphabet, Microsoft are not far behind.
https://www.theverge.com/2018/8/2/17...ap-stock-price
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Old 08-04-2018, 05:31 PM
 
3,966 posts, read 1,593,575 times
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I know this is counterintuitive, but I think that Apple needs new products in its pipelines. The iPhone was launched 11 years ago. The iPad was launch 8 years ago. Apple has a mature product line that could get commodotized pretty quickly if they're not careful.
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Old 08-04-2018, 07:16 PM
 
Location: Honolulu, HI
4,570 posts, read 1,141,729 times
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Quote:
Originally Posted by MinivanDriver View Post
I know this is counterintuitive, but I think that Apple needs new products in its pipelines. The iPhone was launched 11 years ago. The iPad was launch 8 years ago. Apple has a mature product line that could get commodotized pretty quickly if they're not careful.
I don't think that's counterintuitive at all. Tech companies are hot on Apple's heels trying to invent the next cool or big thing. Arguably Samsung already has phones with more feature than Apple now. Ofcourse the later is consider more prestigious and luxurious so they can charge more.

When Steve Jobs passed it was a real shame. He was the brilliant mind behind those products.

Their recent Apple Watch is laughable. Apple makes money, that's not a problem. It's about creating the next big thing now.
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Old 08-06-2018, 08:28 AM
 
9,065 posts, read 9,221,268 times
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In some ways what is happening with Amazon is more amazing than what is going on with Apple

Apple passed Exxon Mobile in 3rd quarter of 2011 for the first time to assume the #1 position as highest market capitalization $353.5 billion. The iPhone 4 came out in 2nd quarter of 2010. Since then Apple has only rarely been out of the #1 spot. The march for #1 trillion seemed inevitable, it just was a question of when.

Even a few years ago Amazon was half of Apple, and now it is hot on their heels to be the second to hit $1 trillion. Unlike Apple, Amazon took a number of ups and downs over the last two decades, and it was not clear it was going to be one of the great fortunes.

Bezos was first declared a billionaire 20 years ago when Amazon went public.

First quarter 2016
Apple Inc. $607,465
Amazon $281,888
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