iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,460 Blog Posts

Apple Becomes the First Company in History to Be Valued at Over $1 Trillion

Many of you thought it would be Google, even more thought it’d be Amazon. Several years ago, a whole lot of you thought Samsung phones were cool. You were all wrong. Samsung phone are nonsense and Apple beat everyone to $1 trillion.

This is a post to commemorate, celebrate, and to pay homage to the greatest retail and electronics company the world has ever known. The halcyon dreams of the late Steve Jobs have trans morphed into a gigantic business, the largest ever, while also pleasing countless people with their great devices and customer service.

One would presume the law of large numbers would’ve kicked in a long time ago; but miraculously, and this is a testament to Tim Cook and the entire AAPL team, they’ve kept growing and the share price has rewarded investors handsomely.

Look at that sales ramp.

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2 comments

  1. wolfdaddy

    When jobs took over I went into my college town broker OLDE. Anyone remember that shithole? I wanted to put 20k into Apple. My genius broker fought for a hour to put the money to Hutchinson tech- a fucking hard drive co. Anyone remember them? Me either. He’s probably selling saas software now. Fucking imbecile

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  2. oldmantrader

    Waay Waay back in 2000 near the market peak Cisco was the first company to trade at 500 billion market cap shortly there after it began a long decline from I believe in the 80s to the low teens. I wonder if we may be seeing a similar action in the near future

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