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

Discussion in 'GBAtemp & Scene News' started by Chary, Aug 3, 2018.


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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%.
     
    Discussion (126 replies)
  1. RealLatias

    RealLatias GBAtemp Regular

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    Apple has been around forever, and with a trillion dollar market value, i'm sure they'll stay that way. I don't love apple, but I'm sure they'll keep growing.
     
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  2. Jayro

    Jayro MediCat USB and Mini Windows 10 Developer

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    And then there's me, an intellectual:

    20180725_030555.
     
  3. TotalInsanity4

    TotalInsanity4 GBAtemp Supreme Overlord

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  4. Chary
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    Lord GabeN doesn't deal with trash Apple products, you're on your own :tpi:
     
  5. ihaveamac

    ihaveamac GBAtemp Guru

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    It was only about 20 years ago when Apple was very close to bankruptcy. A deal with Microsoft helped them get back on track.
     
  6. ShonenJump

    ShonenJump Creator of "Color Fever" Comic

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    oh yeah i remember the deal also had apple macs to have internet Explorer as a default browser lol
     
  7. DKB

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    It was a mistake for Microsoft to save them.
     
  8. the_randomizer

    the_randomizer The Temp's official fox whisperer

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    Dr. Wahwee's castle
    Yeaaaaaaaaaaah I still don't like their products.

    Hmm, that's a shame.


    The bigger they are, the harder they fall.

    Yeah, they'll keep growing, like a malignant tumor.
     
    Last edited by the_randomizer, Aug 3, 2018
  9. Jayro

    Jayro MediCat USB and Mini Windows 10 Developer

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    I hate apple products, but you can buy an old iPod, and replace the battery, and replace the harddrive with a CF card adapter that takes standard or micro SD cards, and then install RockBox on it. You'll have a no-bullshit music player that's feature-loaded, the quality of Apple, and Drag&Drop music... No iTunes required. Also plays FLAC files with no problem. It's fun for me to do this with iPods.
     
  10. LiveLatios

    LiveLatios Profesionnal Scalie

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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
     
  11. Vieela

    Vieela GBATemp's official thinker™

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    I mean, i don't really like Apple that much as a business overall, they really overprice their stuff quite often, but it's nice to see such business hit a high mark like that. Although i'm more a Samsung/Xiaomi guy, i really appreciate Apple for their nice effort. I loved the design of the Iphone X.
     
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  12. MarkDarkness

    MarkDarkness Deliverator

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    Apple is quite a sight to behold... they are the flagship of post-modernity. Their products clearly are not worth the asking price, but they manage to sell a "lifestyle" that only their fans understand. People who don't buy Apple only see them as a bunch of losers, but in certain circles it is the incredibly anti-capitalistic and revolutionary to use Apple. Which is... you know... bonkers.
     
  13. BlastedGuy9905

    BlastedGuy9905 where's the updated autopsy report

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  14. WiiUBricker

    WiiUBricker News Police

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    No source? #FakeNews
     
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  15. Kingy_

    Kingy_ Mr Guy, Destoyer of Shintel

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    Jobs’ Apple was cool. But now we have Cook - and nobody is happy.
     
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  16. the_randomizer

    the_randomizer The Temp's official fox whisperer

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    Dr. Wahwee's castle
    Just because something is popular doesn't make it good, let's face it
     
  17. Tom Bombadildo

    Tom Bombadildo G'nome

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    I forgot
    I have a few Apple things laying around, an old iBook G4, some 2007-2009 MacBooks as well. Not a big fan of their prices, or most of their business decisions, but I can honestly say a fair few of the things they make (especially their older stuff) are a fairly decent quality so it's not too surprising.

    My 2009 MacBook was, and still is, my backup PC if my daily 3 ever fail because it's still a nice, working machine even after 9ish years.
     
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  18. Chary
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    2009 Macbook FTW. I loved mine, and I agree, I feel like they're great to have as back up. Something about build quality is just really nice and satisfying, even compared to modern laptops today.
     
  19. KingVamp

    KingVamp Haaah-hahahaha!

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    I'm not an Apple person either, but that is still pretty cool.
     
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