Ole Cowboy
TGT Addict
Apple is but dollars away from a market cap of $1Trillion.
IMO:
When it (or ANY other company) hits that milestone it's time to break up the company into smaller companies.
I am an uber capitalist, but when companies get so large that they completely dominate the market then they begin crushing any competition and that defeats the capitalist model which is based upon free and open competition.
Our Federal govt is only worth (based upon revenue) something less than $5 Trillion. Apple is worth 20% of that and how long before a handful of companies are worth more than the Federal govt.
What we don't want is a few companies run by the FAR LEFT (Facebook, Amazon, Google, etc) to be in a position to run out country in de-facto.
IMO this is dangerous!
IMO:
When it (or ANY other company) hits that milestone it's time to break up the company into smaller companies.
I am an uber capitalist, but when companies get so large that they completely dominate the market then they begin crushing any competition and that defeats the capitalist model which is based upon free and open competition.
Our Federal govt is only worth (based upon revenue) something less than $5 Trillion. Apple is worth 20% of that and how long before a handful of companies are worth more than the Federal govt.
What we don't want is a few companies run by the FAR LEFT (Facebook, Amazon, Google, etc) to be in a position to run out country in de-facto.
IMO this is dangerous!