Apple has raised the bar...AGAIN

[ScorpionHunter]

^^ $18 billion is the largest quarterly profit in corporate history. Apple's market cap is 78% larger than Exxon, and is larger than Wells Fargo, JP Morgan and Bank of America combined. There's a 13% chance that it will be worth $1 trillion by the end of this year. But what are the odds that the progressives will want to create a special iPhone tax because Apple is making too much money?

 

[karlac]

^^ $18 billion is the largest quarterly profit in corporate history. Apple's market cap is 78% larger than Exxon, and is larger than Wells Fargo, JP Morgan and Bank of America combined. There's a 13% chance that it will be worth $1 trillion by the end of this year. But what are the odds that the progressives will want to create a special iPhone tax because Apple is making too much money?

Keep your eye on MSFT, Their HoloLens , which, with the capability for both gaming AND productivity computing, has the possibility of blowing everyone out of the water.

Whodathunnik, that MSFT, of all companies, could have kept this a secret during development?

 

[Brains]

Profits. The only thing Apple can produce that Samsung can't copy.

 

[ScorpionHunter]

That Hololens looks cool. MSFT got whacked a couple days ago after their earnings call, though. The high volume suggests that it was weak longs closing positions. But it still has the 3rd largest market cap in the S&P 500. Almost as high as XOM.