Current Events > Apple is about to become the first trillion dollar company

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Rob Cesternino
08/01/18 8:24:08 PM
#1:


https://www.theverge.com/2018/7/31/17636608/apple-q3-earnings-2018-trillion-market-value

Amazon in ruins
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Ray_Dorset
08/01/18 8:25:11 PM
#2:


Didn't realize they were so close.
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Vol2tex
08/01/18 8:27:44 PM
#3:


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glitteringfairy
08/01/18 8:34:02 PM
#4:


How sad
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HylianFox
08/01/18 8:34:34 PM
#5:


And yet, the world around them is falling apart
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Vegy
08/01/18 8:34:57 PM
#6:


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VipaGTS
08/01/18 8:34:59 PM
#7:


that's a lot of money.
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Anarchy_Juiblex
08/01/18 8:38:33 PM
#8:


Tax shelters and slave labor works wonders.

And conservatives still think wealth trickles down in any capacity.

edit:
I used to defend Apple when the EU tried to single them and other American tech companies out. Because if Ireland isn't taxing them, that's their fucking business, but I can't fucking defend this shit. They could give half a million dollars to every single one of their employees.
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Cornmuffins
08/01/18 8:39:28 PM
#9:


Just in time for the new iPhone next month.
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spudger
08/01/18 8:42:31 PM
#10:


market value
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Vol2tex
08/01/18 8:45:44 PM
#11:


Anarchy_Juiblex posted...
Tax shelters and slave labor works wonders.

And conservatives still think wealth trickles down in any capacity.

edit:
I used to defend Apple when the EU tried to single them and other American tech companies out. Because if Ireland isn't taxing them, that's their fucking business, but I can't fucking defend this shit. They could give half a million dollars to every single one of their employees.


How much do they have in retained earnings?
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HiddenRoar
08/01/18 8:48:56 PM
#12:


Anarchy_Juiblex posted...
Tax shelters and slave labor works wonders.

And conservatives still think wealth trickles down in any capacity.


Frankly, I think it speaks more about Tim Cook, Jeff Bezos, or Zuckerberg.

Trump ain't pointing a gun at their heads and threatening them not to share the wealth with lower employees.
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Anarchy_Juiblex
08/01/18 8:58:00 PM
#13:


Vol2tex posted...

How much do they have in retained earnings?


I dunno what the profit is off hand but they're making the news all the time with how much cash on hand.
Apparently it'd dipped to a pathetic . . . $267.2 billion.
https://www.cnbc.com/2018/05/01/apple-q2-2018-earnings-heres-how-much-money-apple-has.html

HiddenRoar posted...
Trump ain't pointing a gun at their heads


Regulation, gutting Unions, tax cuts, blah blah etc. They're acting rationally given the rules they're under. Our government is not.
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Darkman124
08/01/18 9:10:09 PM
#14:


apple is emblematic of the modern trend that "bigger is better." ireland literally is breaking their own laws to keep apple's facility there.

i can't be too mad. they've made me a lot of money over the years. if you own a SPY index fund, they've made you a lot of money over the years, too.

https://www.investing.com/analysis/6-stocks-responsible-for-nearly-all-of-the-sp-500s-gains-this-year-200329990
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HiddenRoar
08/01/18 9:13:56 PM
#15:


Congress has been deregulating or trying to deregulate every Obama era policy. Unless you can show me one that I missed, apparently.

And why should it take a union to make Bezos or Zuckerberg think "hmm, my workers should make more money". For leaning as left as they preach, they sure don't feel like spreading the wealth.

Then again, Bezos did threaten his workers to protest against Seattle's City Council's attempt to raise taxes on Amazon or else face lay-offs.
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ManBeast462
08/01/18 9:15:35 PM
#16:


So nice!

Hope the X+ is a beast!
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Vol2tex
08/02/18 12:35:24 AM
#17:


Anarchy_Juiblex posted...
Vol2tex posted...

How much do they have in retained earnings?


I dunno what the profit is off hand but they're making the news all the time with how much cash on hand.
Apparently it'd dipped to a pathetic . . . $267.2 billion.
https://www.cnbc.com/2018/05/01/apple-q2-2018-earnings-heres-how-much-money-apple-has.html

HiddenRoar posted...
Trump ain't pointing a gun at their heads


Regulation, gutting Unions, tax cuts, blah blah etc. They're acting rationally given the rules they're under. Our government is not.


$267 billion? Wow.
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