Apple reaches 1 TRILLION in value - First in U.S. history (salaries, stats)

[Rocko20]

Originally Posted by Ponderosa

Who would have predicted that a company so closed and opposed to inter-operability would prosper?

Easy, make several excellent, simple, and unprecedented products then market everything after as a premium luxury brand.

The iPhone doesn’t even allow external/expandable hard drives yet people still drop $1,000+ to get them.

Apple’s prosperity from exclusivity due to lack of inter-operability and compatibility doesn’t work for 1 second, unless the product is excellent.

[ChrisC]

Originally Posted by NJmann

Apple just reached out to 1,000,000,000,000 in value, the first American company to cross the trillion dollar value. Good job Apple... great company!

https://money.cnn.com/2018/08/02/inv...lue/index.html

Woohoo.

It's not that hard to "sell" products to addicted customers. One day they will be despised as much as R J Reynolds is today.

[sholomar]

All the major phone makers now overprice their phones now, it's a stealth form of collusion.. so it's not just an Apple thing anymore. Even oneplus is gradually getting people used to paying more.. pretty soon they'll be $600 while the Samsung Galaxy phones are pushing $900-1000, for a phone with silly edge glass that breaks from looking at it wrong. Anyways that's down to consumers willing to pay that much. I'm not willing to spend more than $400 on a phone.

I've lost count how many times my Nexus 6 with case has taken a smack onto concrete or asphalt. That's on the case though.

[Listener2307]

Good for AAPL. Today it closed at $207.39. In 2000, you would have paid $3 per share and it was already established as a leader, albeit one with a few problems.
The challenge to me is to find a company that will grow like AAPL. I can either join those who throw rocks at AAPL, or realize what can be done, do the homework involved to get there and put my money on the line.
I'm in. I chose BEAT ($55), which I bought for $20 about 2 years ago.

[ChrisC]

Originally Posted by stockwiz

I'm not willing to spend more than $400 on a phone.

I'm not willing to spend more than $30 on a phone and $30 every three or four months to put minutes on it (if even that much).

Why would I pay big bucks to waste time? I waste enough time here on CD forums.

[MongooseHugger]

Products aside, they've gone after after religious freedom bill and good bathroom bill in the country. They're part of the Leftist corporate mob and hence that earns them a boycott from me.


Plus, they use child slave labor to make their stuff. That is well known.

[craigiri]

Originally Posted by Ponderosa

My objection to Apple products is and has always been the proprietary nature of them. Years ago their computers would not network with others, would not run mainstream software and so on. Even today they have a wacky phone charger that works with only their own phones and operating systems that run only Apple apps. Who would have predicted that a company so closed and opposed to inter-operability would prosper? .

This is like saying "Those dang car manufacturers don't all use the same parts any longer and it's much harder to just pull off the valve cover and adjust everything"....

A computer is a tool. My Plumb hammer beats my Leatherman any day of the week.

But I think the Apple Secret is more about the quality and service. My son is still using my heavyweight Mac Pro that I bought in 2008 - and it works perfectly. I paid 2600 for it back then...getting 10+ years of heavy duty work out of a beast like that...and it's still chugging....is great.

The Mac Pro I am typing this on is about 3 years old. The keyboard and trackpad stopped working...I did some homework and found a local place that fixed it for $120. Then I noticed that I had "glare-gate" which is the screen coating looking smudged (really only when the computer is off).....

I stopped in the Apple Store and they took one look and said "yep, we'll replace the entire screen 1/2...and, oh, we'll replace those worn keys too" - all for FREE. Then, when I picked it up they said they replaced the entire bottom case also because one of the little plastic buttons was missing and the bottom had a scuff on it......

For some reason I don't think getting that type of service from others would be easy....

[Elliott_CA]

Apple, first company to reach $1 Trillion in valuation.

A liberal CEO running a liberal company in a liberal state.

Apple grew because liberal California long ago invested in education, in world-class universities, in infrastructure and in science. Liberal economics -- a proven winning formula.

[NeutralParty]

Tim Cook probably wipes his butt with $100 bills

[Cape Cod Todd]

I agree with investing in the future but did Apple reach this mark by being Liberal or did they use cheap foreign labor on over priced phones that their fan base lined up for every other month so they could be the cool kid down at the coffee shop with the latest gadget?