Apple becomes first publicly traded US company to reach $1 trillion market value

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Love them or hate them, Apple is a huge player in the technology market. On Thursday, the company managed to reach new heights, when they became the first ever American company to hit the trillion dollar threshold. Stock prices for Apple jumped nearly 3% in the previous quarter, pushing the individual share value to $207.39, which let the company make history. The business behind the iMac and iPhone and other array of "iProducts" beat competitors and other titans like Alphabet, Microsoft, and Amazon to be the first of them to get to that goal, though Amazon is close behind, and may reach a similar valuation soon.

Apple was founded in 1976, where Steve Jobs would go on to create computers to compete with Microsoft, and then take part in the smartphone revolution of the late 2000's. Their new CEO, Tim Cook, took over for Steve Jobs after his passing, helping the company's share prices grow to over 2000%.
 

VitaType

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Nice. Apple, now use all this money and put it in research for a proper notebook keyboard. Your 2018 fix may isn't broke like the 2016/17 version but it's trash and when at it at least use a physical escape button (or get rid of this touchbar all together). Thanks.
 
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GensokyoIceFairy

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Gotta give credit where credit’s due, macOS is a pretty sleek and easy to use OS. I absolutely hate the restrictions that they put on their phones and the out of the box OS though, same with the prices.

I only own an iPhone SE because it’s one of the few good small phones around. I can’t stand phones that have a screen size of an LCD monitor.
 

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The sad thing is, Apple is one of the companies who has contributed the most as far as innovation and technology development.

As far back as the 70's and 80's, inventing the personal computer concept and the UI and UX behind it, to the computer mouse. Even as recent as the 2000's inventing the portable disk-less MP3 player creating an entire market on its own, to the much more recent and much more important smartphone with the iPhone and iPad, both of which were not necessarily "invented by Apple", but were most definitely redesigned and made much better by Apple, which spawned an entire industry worth billions.

All of these are facts, (even if sometimes discussions do surface, regarding who invented what first), we cannot deny and we have to appreciate what this company has created on its own, and how it pushed technology forward when nobody else had the guts to do.

But all of that being said and recognized....this is not the Apple of today. And it is here, at this very specific but crucial point, that so many people have a problem with this company. Myself included. It is not the same company it once was.

The Apple of today, has long given up innovation, and staying ahead of the competition. The apple of today lags in comparison to its competitors, relying instead, on a Fashion Statement business model, where it does not matter whether their products are better or not, what matters is that it is cool to have one. It became the CHANEL of the technology industry. And this, has proven to be a very, very profitable way to market your technological goods.

This model however has 3 problems:

The first problem: While Apple is today one of the most powerful and rich companies in the world, it has done so at the cost of it's most loyal and hardcore costumers/consumers, who purchased their products because they were BETTER. Not prettier or thinner.

The second problem:
As we all know, fashion comes and goes. It is not something that lasts for long. Despite Apple's profits being enormous, they have already shown heavy signs of declining. Their market share of the smartphone industry is a spec of what it once was. This, to my belief, is a clear sign of the Fashion Statement business model....well....falling out of fashion. While a lot of it still remains, it is no longer as cool to have an iPhone or an iMac as it once was.

The third problem: Lastly, the quality of their products. As we have all seen, especially recently, the quality of Apple's products has declined. Severely. From the world famous bend-gate of the infamous iPhone 6 Plus, to the much more recent CPU thermal throttling on their new 2018 Macbook Pro, and everything in between. I can barely imagine paying $5000 for a computer that is slower than a $2000 one from a "crappy" competitor.

Not to mention, the fear based policy they enforce on their workers, subsidiaries and third parties who depend on them. Starving the market of solutions that do not require going through Apple. Going out of their way, to sue small businesses. Not refunding people who purchased defective products. The list goes on...

Love it or hate it, as the OP said himself, Apple has made a clear difference in the world. Personally, while I recognize all of it's achievements, I cannot let go of turning your back on your own costumers, and employing the policies that they do. As such, I do not purchase Apple products anymore.

I would love to love Apple. However I cannot support what they do anymore.

Thank you for reading and I would love to hear your opinions.
 

pustal

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Nice. Apple, now use all this money and put it in research for a proper notebook keyboard. Your 2018 fix may isn't broke like the 2016/17 version but it's trash and when at it at least use a physical escape button (or get rid of this touchbar all together). Thanks.

Keyboard? What about everything? They use quality materials, have very poor design, thermal throttle by default, some products like iMac Pro are not even meant to be open to be cleaned (they don't even offer that service at their stores), because if you do, not only you'll void your warranty but you can actually die, as the PSU "internals" are fully exposed and take months to years to dissipate energy, they won't recognize their failures unless lawsuited even if stuff breaks by design (like using unadequated chips or having fans and heatspreaders affect and melting their chassis, and when they do, they only offer warranty for a price or only concerning a small section of costumers like, has happen once, leaving out the first adpopters, their most hardcore fans.

They may have a decent software and ecosystem but have bad business practices and just plain low quality hardware.
 
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the_randomizer

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SG6000

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I fucking loathe Apple. From their Fisher Price hardware to anti-consumer services and ethos they pretty much represent everything that I despise.

I hate them as much I hate Monsanto, arms manufacturers and other great examples of cancerous capitalism.

Well done for them on their trillion dollar valuation though. What a wonderful world we're living in where psychopathic corporate entities get their psychopathy celebrated with milestones like this one.
 

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The money shouldn’t be going to them, honestly. We’re having actually helpful and useful people wasted...

(I don’t care if the NHS is shit or whatever the people are there to serve the country’s people and do there job I guess, companies like Apple just serve to milk money idk)
 
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I started with System 6 and around OS8 or 9 I discovered the fun of ResEdit. Probably still have the original OS X beta floating around somewhere but migrated to Linux as my primary OS around 10.6. Last Apple product I bought was a 2003 Macbook which runs Linux now.


Mac doesn't have the flexibility Linux or even Windows has but it is a good OS for the average consumer as it tends to work out of the box better than the others. Rather than simply the hardware, it's the ease of use (and perceived status) that helps sell Apple products.
 

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@WhiteMaze wow. That was one detailed, truthful post.

I had a lot of that stuck in my throat for years. The last screw up with the new MacBook was the last drop for me..

But thank you for reading.

I hate them as much I hate Monsanto, arms manufacturers and other great examples of cancerous capitalism.

Well done for them on their trillion dollar valuation though. What a wonderful world we're living in where psychopathic corporate entities get their psychopathy celebrated with milestones like this one.

Apple is the ultimate undeniable proof, that it doesn't matter what economic system you run. Whether it's capitalism or communism, when the ones at the top let their own success and profits get to their heads, it's all downhill from there..
 
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VitaType

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As far back as the 70's and 80's, inventing the personal computer concept and the UI and UX behind it, to the computer mouse. Even as recent as the 2000's inventing the portable disk-less MP3 player creating an entire market on its own, to the much more recent and much more important smartphone with the iPhone and iPad, both of which were not necessarily "invented by Apple", but were most definitely redesigned and made much better by Apple, which spawned an entire industry worth billions.
What are you talking about? The concept of personal computer is unrelated to UI (even if you will have a hard time with a PC without UI ;)). Apple did not invent the personal computer nor did it invent the modern UI. It straight up stole the UI from Xerox and marketed as there own. WIMP is no invention by Apple. As for the "concept of personal computer" it wasn't invented by Apple either, it's older then the company itself and they not even where the first to sell "larger" quantities. They were early on when it came to a point of interest for tech interested people (and more affordable for the masses). Apple didn't invented the portable disk-less MP3 player and I don't believe it would have been needed to popularize it. I know serveral people who owned a MP3 player back in the day before Apple launched the iPod. What Apple did was making all music cost the same (at least early on) with iTunes, if that's a good thing or not is a personal decision. Also the idea that Apple would be the inventor of the computer mouse is insane, not even close. Looks like a typical case of giving too much credit in an atemp of beeing neutral, never works out. As for the smartphone I totaly give you that point. They did a fantastic job with that.
What Apple is really good at is refining things, just look at there trackpads. Still after years you hardly find any trackpads that match the fantastic Apple ones, not even in high priced notebooks. Well it seems they struggle with that here and there in recent times...
 
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DeslotlCL

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Can't believe there are still people buying apple products, but eh, people can waste their money on whatever they want.
And then there's me, an intellectual:

View attachment 138281
And then there is me, and even more intellectual:

Screenshot_2018-08-03-14-53-53.png

Listening to the actual game's music files instead of filthy flac/mp3 files.
 
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chartube12

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I could see Mac OS installable without hacks soon, through official support for non-macs. At least if apple wasn’t crazy they would start selling it for PCs. Microsoft’s next OS is 99% cloud based. With people required to pay monthly fees like they now do for office. Apple needs to take advantage of the train wrack when it happens.

Can’t see people using Linux. Too shitty of an OS to be usable by an average user or someone who doesn’t have the time to deal with saving and installing 1000s of APKs to be usable beyond web browsing!
 
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kevin corms

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if they didn't price their products at 500% their actual worth then they wouldn't be so high up


let's face it, their macbook pros are worth at most $700, not $7000

and their phones are vastly blown out of the water by budget to midrange android phones
Actually Apple phones blow away the competition speed wise, Apple socs simply run circles around Qualcomm offerings. And the MacBook Pro is priced well, they are using pci express ssds and any pc equivalent cost the same or more, don’t kid yourself.

--------------------- MERGED ---------------------------

I could see Mac OS installable without hacks soon, through official support for non-macs. At least if apple wasn’t crazy they would start selling it for PCs. Microsoft’s next OS is 99% cloud based. With people required to pay monthly fees like they now do for office. Apple needs to take advantage of the train wrack when it happens.

Can’t see people using Linux. Too shitty of an OS to be usable by an average user or someone who doesn’t have the time to deal with saving and installing 1000s of APKs to be usable beyond web browsing!
Nobody will be on board for a cloud based OS anytime soon.

--------------------- MERGED ---------------------------

Funny how many people are brainwashed against Apple products...
 
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chartube12

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Actually Apple phones blow away the competition speed wise, Apple socs simply run circles around Qualcomm offerings. And the MacBook Pro is priced well, they are using pci express ssds and any pc equivalent cost the same or more, don’t kid yourself.

--------------------- MERGED ---------------------------


Nobody will be on board for a cloud based OS anytime soon.

--------------------- MERGED ---------------------------

Funny how many people are brainwashed against Apple products...


Microsoft already announced it. And I agree. Cloud based OS are a bad idea.
 

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