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Started By
Message
Apple hits $1 trillion stock market valuation
Posted on 8/2/18 at 2:00 pm
Posted on 8/2/18 at 2:00 pm
NSIAP
LINK
quote:
SAN FRANCISCO (Reuters) - Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications.
The tech company's stock jumped 2.8 percent to as high as $207.05, bringing its gain to about 9 percent since Tuesday when its reported June-quarter results above expectations and said it bought back $20 billion of its own shares.
Started in the garage of co-founder Steve Jobs in 1976, Apple has pushed its revenue beyond the economic outputs of Portugal, New Zealand and other countries. Along the way, it has changed how consumers connect with one another and how businesses conduct daily commerce.
Apple's stock market value is greater than the combined capitalization of Exxon Mobil, Procter & Gamble and AT&T. It now accounts for 4 percent of the S&P 500.
LINK
14
Posted on 8/2/18 at 2:02 pm to RLDSC FAN
Chump change
Posted on 8/2/18 at 2:02 pm to RLDSC FAN
I've been riding that sucker since 2008 
.
.Posted on 8/2/18 at 2:02 pm to RLDSC FAN
That just tells me there are a lot of dummies out there.
ETA...
Not the stock holders, the product purchasers. Thought I should clarify, since there are a lot of dummies out there
ETA...
Not the stock holders, the product purchasers. Thought I should clarify, since there are a lot of dummies out there
This post was edited on 8/2/18 at 2:04 pm
Posted on 8/2/18 at 2:05 pm to RLDSC FAN
is that a lot? it sounds like a lot.
Posted on 8/2/18 at 2:05 pm to RLDSC FAN
It'd be nice if $207 became $275.
Posted on 8/2/18 at 2:06 pm to Steadyhands
quote:
That just tells me there are a lot of dummies out there.
Apparently I am one of them. I got the iPhone X about 1.5 month ago.. And I read that they are supposedly going to stop making them and eventually no longer supported by iOS.. Or some shite.
Posted on 8/2/18 at 2:07 pm to RLDSC FAN
Damn. Why don't the liberals go after Apple to share that wealth with the downtrodden? Im sure apples foundings were made possible only by slavery somewhere down the line.
This post was edited on 8/2/18 at 2:09 pm
Posted on 8/2/18 at 2:08 pm to RabidTiger
quote:
I've been riding that sucker since 2008
I bought it after the stock split. In at $71.23, up 191.9%
Posted on 8/2/18 at 2:14 pm to RLDSC FAN
quote:quote:
Apple hits $1 trillion stock market valuation
Posted on 8/2/18 at 2:16 pm to OweO
quote:
And I read that they are supposedly going to stop making them and eventually no longer supported by iOS.. Or some shite.
Posted on 8/2/18 at 3:43 pm to RabidTiger
quote:
I've been riding that sucker since 2008
Makes me want to vomit.
Going into 2011 I had 17 shares of Apple bought between $230 and $250. $3500-$4000 investment.
Apple was super volatile in 2011 leading up to Jobs dying and I got spooked and sold it only making $1k or so.
That $3500-$4000 would be $25k today.
Posted on 8/2/18 at 3:45 pm to Scoop
quote:
. $3500-$4000 investment.
quote:
and I got spooked
the hell is wrong with you!
Posted on 8/2/18 at 3:47 pm to fallguy_1978
I should have bought a bunch of shares when the damn generation one iPod came out.
Posted on 8/2/18 at 3:48 pm to RLDSC FAN
That’s amazing.
Posted on 8/2/18 at 3:55 pm to Chad504boy
I’m not an OT baller, lol. I’ve never had more than $12k in the market as far as individual investing. $4k is a chunk of change for me.
2011-2012 was very volatile. Apple even had at least one flash crash in that period where trading was halted.
2011-2012 was very volatile. Apple even had at least one flash crash in that period where trading was halted.
This post was edited on 8/2/18 at 3:56 pm
Posted on 8/2/18 at 3:57 pm to RLDSC FAN
Got in at $92
Posted on 8/2/18 at 3:59 pm to Steadyhands
An old dude once told me to find out what poor people like and invest. He made a killing on Burger king.
Posted on 8/2/18 at 4:36 pm to Chad504boy
quote:
the hell is wrong with you!
Don’t get me started.
I had 25 shares of Netflix in 2012 and had bought them around $90/share through time.
Sold them for not a lot.
My 25 shares bought for about $2200 would have split 7/1 at $700 per in 2015 and now be worth around $60,000.
I’m good at picking but bad at selling.
Posted on 8/2/18 at 4:37 pm to Steadyhands
quote:
the product purchasers. Thought I should clarify, since there are a lot of dummies out there
As a day one purchased of the iPhone X, I’d be mad at Apple owners if I was a peasant that couldn’t afford one too
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