Apple In and $1 TRILLION
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Ole Cowboy
TGT Addict
I keep my iPad on the night stand next to me. About the only thing I use it for is to look up folks I see on TV, wondering if they are still alive or how they died, what movies they were in, things like that.
Apple has plenty of competition and may have significant mobile phone market penetration, but there laptop/desktop market is minor components to MS.
Apple’s valuation compared to the Federal government is a bad argument as taxes drive revenue for the feds, not an open market.
Compare it to The US GDP which is at $18.5 trillion or the overall net worth of the US which stands at $269 trillion and you realize Apple is but a small bit of the overall economy, even if it’s the single largest small bit.
Apple’s valuation compared to the Federal government is a bad argument as taxes drive revenue for the feds, not an open market.
Compare it to The US GDP which is at $18.5 trillion or the overall net worth of the US which stands at $269 trillion and you realize Apple is but a small bit of the overall economy, even if it’s the single largest small bit.
Just as long as the government doesn't see fit to declare a business "to big to fail" as they have done in the past I don't care. To me there is no such thing. I do realize the folks hurt the most had nothing to do with the planning that brought a business down.
What market does Apple "completely dominate". Their biggest market is phones, and they have less than 20% share. Computers is less than 10%.
Market valuation has nothing to do with market share and "crushing any competition". If anything, they have been getting crushed and have lost market share over the last decade.
It is as if you have no idea what you are talking about....
Ole Cowboy
TGT Addict
I should have used a different choice of words than completely dominate. That said the paradigm has changed. We are a global market and not likely to see a monopoly emerge in a global market due to the depth of the market itself. 4th Q 2017 numbers are:
1) Apple, 77.3 M shipped, 19.2% of the market
2) Samsung, 74.1 M shipped, 18.4% of the market
3) Huawei, 41.0 M shipped, 10.2% of the market
Total 403.5 M shipped, 100% of the market
Point being, a monopoly is hard to come by especially since the market still has a LOT of depth left in it.
Apple is setting on 2018 est $250 BILLION in cash and they very little debt, in fact most of the tech giants are in excellent financial shape.
So what happens when govt embraces business/corporations? Well they don't embrace the small ones! And the big ones get bigger than the govt the results are always the same. You have a melding of Govt and business as in corporatism better known as Fascism: Nazi Germany, Italy, USSR, Mexico just to name a few. Most recently Obama and his love affair with big business (Wall Street and the Financial sector). It was Obama that called up the CEO of GM and FIRED him!!! Anyone care to show me in our founding docs, our Constitution where the POTUS has that authority?
Apple, Amazon, Google, Microsoft, just take a look at post # 16 20 Modern Companies.
The Govt a a small but very significant role in the capitalist marketplace: Insure no company ever gets to big to fail (Bush/Obama failed at that), Insure fair and open competition.
Obama spent $10 TRILLION dollars over and above the money needed to run the govt. Ever wonder where that money went? It make a FEW folks very wealthy.
Fascism, you are seeing the foundation being laid now and when the Dems takes office in post Trump world it going to be embraced.
You completely when you become so powerful no one can challenge you. Before globalism we measured that in market share and if you were a monopoly. Today that standard is not applicable! It's their ability to deny competition and when they climb in bed with the Feds who bring to the table rules and regs that favor them and not small business then they can completely dominate the competition and don't need a monopoly to do so.
Fascism: Coming soon, not just for the Italians anymore...
1) Apple, 77.3 M shipped, 19.2% of the market
2) Samsung, 74.1 M shipped, 18.4% of the market
3) Huawei, 41.0 M shipped, 10.2% of the market
Total 403.5 M shipped, 100% of the market
Point being, a monopoly is hard to come by especially since the market still has a LOT of depth left in it.
Apple is setting on 2018 est $250 BILLION in cash and they very little debt, in fact most of the tech giants are in excellent financial shape.
So what happens when govt embraces business/corporations? Well they don't embrace the small ones! And the big ones get bigger than the govt the results are always the same. You have a melding of Govt and business as in corporatism better known as Fascism: Nazi Germany, Italy, USSR, Mexico just to name a few. Most recently Obama and his love affair with big business (Wall Street and the Financial sector). It was Obama that called up the CEO of GM and FIRED him!!! Anyone care to show me in our founding docs, our Constitution where the POTUS has that authority?
Apple, Amazon, Google, Microsoft, just take a look at post # 16 20 Modern Companies.
The Govt a a small but very significant role in the capitalist marketplace: Insure no company ever gets to big to fail (Bush/Obama failed at that), Insure fair and open competition.
Obama spent $10 TRILLION dollars over and above the money needed to run the govt. Ever wonder where that money went? It make a FEW folks very wealthy.
Fascism, you are seeing the foundation being laid now and when the Dems takes office in post Trump world it going to be embraced.
You completely when you become so powerful no one can challenge you. Before globalism we measured that in market share and if you were a monopoly. Today that standard is not applicable! It's their ability to deny competition and when they climb in bed with the Feds who bring to the table rules and regs that favor them and not small business then they can completely dominate the competition and don't need a monopoly to do so.
Fascism: Coming soon, not just for the Italians anymore...
Obama didn’t fire Rick Wagner, he just hastened his demise with the BK terms.
The recession caused the curtain to fall on GM’s charade - it was a bank that lost money on every car it sold.
When sales fell so did GMAC revenues, and the company was insolvent.
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Ole Cowboy
TGT Addict
Few of Obama's actions:
"PILGRIM: The number of unemployed Americans jumped last month. Employers eliminated 663,000 jobs in March. The nation's unemployment rate rose to 8.5 percent. There are now more than 13 million people unemployed in this country.
The March figures show some improvement though over January when 741,000 people lost their jobs. Job losses last month were very widespread; we had construction, manufacturing, retail, even the government lost jobs.
Well, more multimillion dollar bonus payments tonight by companies being bailed out by the government. Mortgage companies, Fannie Mae, Freddie Mac announced $210 million in retention bonuses and this is beyond the $5 million announcement last month for Fannie Mae's top four executives.
The money will be paid out to 7,600 employees over the next 18 months. Fannie Mae and Freddie Mac -- they defend the bonuses -- saying they are necessary to keep skilled employees. Critics are outraged saying taxpayer money is being used to reward failure. Now you will remember, Freddie Mac and Fannie Mae lost a combined $108 billion in 2008.
And that brings us to the subject of tonight's poll. Are you outraged that taxpayer money is being used to pay bonuses to Fannie Mae and Freddie Mac employees? Cast your vote at loudobbs.com and we will bring you the results a little bit later in the broadcast.
Coming up, a bold new plan to save our auto industry and a Congressman who wants to give you cash to buy cars, he'll join me." http://www.cnn.com/TRANSCRIPTS/0904/03/ldt.01.html
Obama in fact did call up and told him to go using the leverage that if he did not Obama would not bail them out. I won't argue over whether or not GM had bad cars or lost money on every sale, that is not the point. Obama and Bush bought into the TOTAL BS that GM was too big to fail and therein lies the problem. Obama (govt) starts picking winners and losers you have Fascism.
The Dems are screaming for Socialism and of course the question how are you going to pay for it...that is ez, USSR figured it out and so did China and Vietnam...you pay for it on the backs of capitalism. Of course no one wants to use the term Fascism instead they will call it various things: Corporatism, Public-Private Partnerships, P-3 and what ever else they can dream up. The results are always the same, corruption, failure and a never ending cycle of of Fannie Mae and Freddie Mac.
The Dems will sell it as non capitalism or semi capitalism with Govt oversight and job security, fair and living wages for everyone. No more CEO making Millions while Joe and Jane are starving and working 2 jobs to put food in the mouth of their kids. Free lunches, medical, lifetime job security and the world will be a better place for you and me, can't you see?
The Sweet Siren Song of Socialism Sings So Sweetly
In truth, our federal government shouldn't be worth anything--it's OUR money. The government should be as small as possible and limited strictly to what--and only what--the Constitution specifically permits.
I've never done Facebook, Twitter, Instagram, Snapchat, or any of that crap. My iPhone needs charging only about every second or third day.
On one of them there ObamaPhones, no doubt!
Holy batcrap!! I’d find a good tax attorney if I were you.
Apple is NOT a monopoly by any stretch of the imagination. I hate the big brother routine, but you do realize that they have heavy competition in every market segment they operate in. Maybe you have heard of some of their competition: Microsoft in the OS market. Dell, HP, Lenovo... in the personal computing hardware arena. Samsung, LG in the smart phone arena. About the only market space they hold high % is the smartphone. In the rest they are almost monitory players. Just cause they are wealthy doesn’t make them a monopoly. If they were like say YouTube or Facebook and were monsters in the arena they playin with no real competition I’d agree with you.
Also Apple isn’t worth $1TT. Stick analysts estimate their worth at $1TT. Big difference in actual cash/assets vs make believe value. Tomorrow they could be worth $1BB if Timmy has a Zuckerberg moment.
I don’t disagree with you on the concept that a few ÜberCorps running this nation would be a horrible thing. However, I think you’re late to the party. A very few high $$ folks already run most of it.
