Apple just became the first publicly traded American company to reach the $1,000,000,000,000 mark. Here’s how many companies you could combine and still not be as valuable as Apple.https://nyti.ms/2ADvqHZ
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For reference, Apple going from $3 billion to $1,000,000,000,000 looks a little something like this: https://www.nytimes.com/interactive/2018/08/02/technology/apple-trillion-market-cap.html …pic.twitter.com/uzOtbfmmCZ
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Put another way, at $1 trillion, Apple is now worth more than the entire American media industry https://www.nytimes.com/interactive/2018/08/02/technology/apple-trillion-market-cap.html …pic.twitter.com/mgQ33z5gxU
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But the $1 trillion milestone has implications for more than just Apple — it also reflects the rise of powerful megacompanieshttps://www.nytimes.com/2018/08/02/business/apple-trillion.html …
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NYT markets reporter
@MatthewPhillips writes, “Economists are starting to look into whether the rise of so-called superstar firms is contributing to the lackluster wage growth, shrinking middle class and rising income inequality in the United States”https://www.nytimes.com/2018/08/02/business/apple-trillion.html …Show this thread
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Apple is just an amazing company
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There’s an awful lotta white engineers being problematic at Apple. CEO Tim Cook is <gasp> WHITE. Were they his opinions micturating all over investors who made millions? Let’s ask
@sarahjeong. She’ll know.#FireSarahJeongpic.twitter.com/blF4WtqxnL
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And they turned it around with hard work and leadership. Capitalism has provided jobs, wealth and investments for many.
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Using Chinese slaves. Watched a program about it the other day. Enough.
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Just think about how rich Forrest Gump is NOW?!
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It's too good for it to be so.
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