Bigger than Britain's GDP!

This is amazing to me what this company has done, I recall being in CompUSA circa 1999-2000 and seeing their sad, neglected dusty little back aisle and thinking “they can’t make it much longer, this store is 99.99% Windows/PC and no one wants them!”


What a comeback story they are, I can just kick myself for not buying any stock back in those days.


Apple Tops $3 Trillion Market Cap, Bigger Than Britain's GDP

Apple is hardware based, so they’re not specifically after my data. As opposed to Google and Facebook. So their 3 trillion dollars is well earned.

I know someone in the music business who got an early look at iTunes, and go into a bunch of their stock at that point. I think he still has it.

Forrest Gump - "some kinda fruit company"

I loaded up over 15 years ago…

Enjoying the ride…

I’ve been a Mac user since 1994, been a member of various Mac forums, we used to joke about those that said Apple was perpetually on the verge of going out of business. Forbes had an article just a few years ago about it. The comparisons in sales were always Apple against everyone instead of something like Apple against Dell or Apple against HP. Many people just don’t get what Apple is all about. I just watched a YouTube video that called Apple a “phone company”.

The truth of it is that Apple isn’t just marketing and you’re not just “paying for a logo”. At the risk of sounding like a fanboi, they really do have vision and it’s been there since the beginning.

Back in this thread Apple was $81 on that day, June 3, 2020.


https://sigforum.com/eve/forum...935/m/5390048074/p/1

Had they taken my advice, he would have more than doubled his 10k to 22k in just 18 months.

With 6 months to go on his 2 year target investment time.

Too late to make any serious money.

PHOTONICS is the place to be: Photonics is the physical science and application of light generation, detection, and manipulation through emission, transmission, modulation, signal processing, switching, amplification, and sensing.

Look at LWLG, POETF, and RKLY.

Apple stock was recommended to me when it was about $12. I said no.

quote:

Originally posted by 41:

Too late to make any serious money.

Thats what people said when it was $80...

My basis cost of the AAPL shares in my eTrade account is 40 cents per share from 2000. A 12,000 percent return over time looks pretty good these days.

quote:

Originally posted by sigalert:
Apple is hardware based, so they’re not specifically after my data. As opposed to Google and Facebook. So their 3 trillion dollars is well earned.

I respectively disagree with you, Apple is a Marketing Company not a Technology Company and they exploit User data for economic and promotional activity to the full extent possible just like other companies.



Apple’s Empty Grandstanding About Privacy:
www.TheAtlantic.com/technology/archive/2019/01/apples-hypocritical-defense-data-privacy/581680/


Apple fined $11M by Italian authority for misuse of user data:
https://www.iLounge.com/news/italian-authority-fine-user-data-misuse

.

I have made some money on my shares, just wishing I bought more….lots more

My Brother was an Apple Distinguished Educator award winner and has been to Cupertino twice on Apple's dime for training.

He has owned Apple stock for almost 40 years... It has split several times, and not always just 2 for 1.

I don't know how much he has but he just gets a big grin on his face if you mention it.

Yea you could say he is a die hard Apple fan boy...

From a technology standpoint, Apple is going to be just a bump in the road compared to Tesla. Assuming Tesla pulls off their cell phone introduction in the next few years Apple's iPhone sales will be crushed IMHO.

quote:

Originally posted by jcsabolt2:
From a technology standpoint, Apple is going to be just a bump in the road compared to Tesla. Assuming Tesla pulls off their cell phone introduction in the next few years Apple's iPhone sales will be crushed IMHO.

You mean like these guys

They were going to "crush" Apple too and flopped hard...

quote:

When do they tick past "Too big to fail" and get bailouts?

I remember when Apple was $3 a share and Microsoft made an investment in Apple to keep it from going bankrupt which would have put the government's focus on breaking up Microsoft for being a monopoly.

I was mulling investing money into it but thought the moment was passed when it went to $6.

I also remember when bitcoin was only $30 each and someone paid for a pizza delivered with a bitcoin. I considered dropping $1000 on it.

I learned since then and jumped head first into Calpine in 2003... and held it until it went bankrupt in 2005.

quote:

Originally posted by bigwagon:
My basis cost of the AAPL shares in my eTrade account is 40 cents per share from 2000. A 12,000 percent return over time looks pretty good these days.

Mine *would* have been about 27¢ if I had bought when a [Apple technician] friend told me "something big" was coming out ...

In estimate my family has spent well north of 25K with Apple over the past decade. (Macs, i-Pads, i-Pods, i-Phones, i-Whatever)

Quite the empire.

And Rey, I also remember Bitcoin being really low. Not $30 - but $600 a few years back when my son jumped in and he tried convincing me to buy 50 shares. He reminds me of this occasionally and I say "meh - it would have only jumped to $3M.