Apple became the first company to reach a $3T market cap when its stock hit $182.86, tripling its valuation in under four years, before closing at $182.01
- Apple hit a market cap of $3 trillion, tripling in valuation in under four years. — The milestone is mostly symbolic …
CNBC Kif Leswing
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Discussion
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@caseynewton
Casey Newton
on x
This victory belongs to all of us — families who bought iCloud because the entry-level phone only came with 64GB of storage, developers paying 30 percent of their revenue in perpetuity, people who forget to cancel AppleTV+ in between seasons of Ted Lasso ... https://twitter.com/.…
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@cdespinosa
Chris Espinosa
on x
Apple Computer, Inc. was incorporated on this day in 1977. On our 45th corporate anniversary, we cracked three trillion dollars in market capitalization. Anniversaries are arbitrary; market cap is functionally meaningless; but it's breathtaking to look back on all we've done. htt…
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@mgsiegler
M.G. Siegler
on x
Whoomp. There it is. 👀📈💸 https://twitter.com/...
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@deitaone
@deitaone
on x
APPLE INC CROSSES $3 TRILLION IN MARKET CAPITALIZATION $AAPL
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@thestalwart
Joe Weisenthal
on x
APPLE HAS OUTPERFORMED BITCOIN OVER THE LAST YEAR (And with much less volatility). Apple's performance is just astounding. It's much bigger than Bitcoin, and delivering higher returns, with smaller drawdowns, and smaller swings overall. https://www.bloomberg.com/... https://twitt…
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@gadgetsboy
Tomi
on x
All them chargers/cables and cleaning cloth paying off 🤣... no seriously tho, this is epic https://twitter.com/...
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@business
@business
on x
Forget $3 trillion, Apple shares have officially outperformed Bitcoin over the last year https://www.bloomberg.com/...
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@patrickmoorhead
@patrickmoorhead
on x
Good perspective. I'll add AirPods that we and our kids lose, iPhone batteries that die early, planned iOS software bloat for obsolescence, and MacBook keyboards that break or were defective in the first place. $APPL https://twitter.com/...
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@molson_hart
Molson Hart
on x
Apple's market cap is 3x sales. 3x US 2021 e-commerce sales. https://twitter.com/...
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@divestech
Daniel Ives
on x
AAPL just hit $3 trillion market cap intraday which we view as another watershed event for Cupertino and Big Tech. Being the first company to join the $3 trillion club is a “flex the muscles moment” for Cook & Co. as the valuation re-rating continues into 2022 despite Fed jitters
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@erikbryn
Erik Brynjolfsson
on x
The first trillion is always the hardest. https://www.nytimes.com/...
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@histoftech
Mar Hicks
on x
Apple's current valuation is roughly the GDP of Britain or India, or six JPMorgan Chases, the biggest US bank. It is “nearly 7% of the value of the S&P 500, breaking IBM's record of 6.4% in '84... it is about 3.3% of the value of all global stock markets”😬 https://www.nytimes.com…
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@broxson_lee
Broxxone
on x
@CaseyNewton Don't forget everyone who willfully forgets that this is all built off the backs of indentured FoxConn workers.
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@cabel
@cabel
on x
@CaseyNewton And please don't forget those of us who continue to subscribe to iTunes Match yearly because we're afraid we will somehow lose all of our music even though we also subscribe to Apple Music
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@snazzyq
Quinn Nelson
on x
And yet their P/E is so low relative to other tech companies. If Apple had the same P/E as Amazon, Apple would have a market cap of $6T. That said this is amazing and proves Apple is—as it has been for almost 20 years—one of the most consistently performant companies on Earth. ht…
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@jr_foust
Josh
on x
Idk it seems like people really love their AirPods? But also “market cap” is a meaningless symbol that has nothing to do with the company's health or revenue growth. Either way, Apple should be addressing labor issues overseas more, but the market doesn't reward that... https://t…
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@jason_kint
Jason Kint
on x
3T is a big number. ps if Apple wants to acquire Facebook and then spin it under new leadership and real governance, I think I could be convinced at this point.
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@jbarro
Josh Barro
on x
What's astounding is that the performance is so similar. Apple is a massive enterprise that makes useful products and services for a huge market and has a high profit margin. Bitcoin is useful for illegal transactions and speculation. https://twitter.com/...
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@sub8u
Subrahmanyam Kvj
on x
Slowly. And then suddenly. So much for a ‘dying’ company! Evolution of Apple's market cap: $0 - $1 Trillion - 42 years $1 - $2 Trillion - 2 years $2 - $3 Trillion - 16 months https://www.cnbc.com/...
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@joecarlsonshow
Joseph Carlson
on x
Yep - Apple got to three trillion by ripping people off. That must be how they consistently have the highest satisfaction rating, customer loyalty, and brand value. This is what happens when you try to push politics into investing. https://twitter.com/...
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@jbillinson
Josh Billinson
on x
it's because I have to keep buying a new lightning cable every two months https://twitter.com/...
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@gaberivera
Gabe Rivera
on x
$3 trillion may be hard for you to visualize, so as an analogy, picture an individual stock worth $181, and then picture another 16.4 billion of those. https://twitter.com/...
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@llsethj
Seth Weintraub
on x
Apple can now buy a polishing cloth™ for every man, woman and child on earth https://twitter.com/...
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@etoro
@etoro
on x
Guess you could call them the big apple https://www.cnbc.com/...
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@thestalwart
Joe Weisenthal
on x
In the last year, Bitcoin had a 50% drawdown and a 30% drawdown. Apple's biggest drawdown during that time was around 18%.
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@kdenkss
@kdenkss
on x
Apple's market valuation is higher than Africa's entire total GDP($2.7 Trillion USD). Incidentally apple has no stores on the African continent. https://twitter.com/...
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@mariacuomocole
Maria Cuomo Cole
on x
And yet they still can't help me retrieve old messages or get into an old phone. https://twitter.com/...
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@jacknicas
Jack Nicas
on x
Combine Walmart, Disney, Netflix, Nike, Exxon Mobil, Coca-Cola, Comcast, Morgan Stanley, McDonald's, AT&T, Goldman Sachs, Boeing, IBM and Ford. Apple is still worth more. Yes, $AAPL is now worth $3 TRILLION DOLLARS. https://www.nytimes.com/...
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@ericgeller
Eric Geller
on x
and yet it won't even give you a wall charger when you buy a new phone https://twitter.com/...
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@anildash
Anil Dash
on x
@CaseyNewton fully $1.2T of that is my dongle purchases
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@jacknicas
Jack Nicas
on x
Read our story for more stupefying details about Apple's valuation and how it got there, as well as analysis from economists on the value of Apple spending nearly half a trillion dollars buying its own shares: https://www.nytimes.com/...
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@viticci
Federico Viticci
on x
can you believe the polishing cloth did this? wow https://twitter.com/...
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@chancehmiller
Chance Miller
on x
maybe this is a hot take but $1 trillion was cool, $2 trillion was fine, $3 trillion makes me mad https://twitter.com/...
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@apollozac
Zac Hall
on x
three trilly thanks mostly to free icloud storage being 5GB in 2022 lol https://twitter.com/...
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@mrinaldesai
Mrinal Desai
on x
What were some “experts” saying about lack of innovation at Apple again? 😁😁 https://twitter.com/...
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@stevekovach
Steve Kovach
on x
Apple could easily reach a $4 trillion market cap before 2022 ends. https://www.cnbc.com/...
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@joannastern
Joanna Stern
on x
“We'd like to thank all of you for spending $0.99/month for iCloud. We couldn't have done it without you.” https://twitter.com/...
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@kifleswing
Kif
on x
Apple becomes first U.S. company to reach $3 trillion market cap https://www.cnbc.com/... Starting 2022 off with an arbitrary yet significant milestone