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Apple becomes third company in history to crack $4 trillion market value

⁨140⁩ ⁨likes⁩

Submitted ⁨⁨22⁩ ⁨hours⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨technology@lemmy.world⁩

https://www.nbcnews.com/business/markets/apple-market-value-hits-4-trillion-rcna240246

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Comments

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  • george@feddit.org ⁨1⁩ ⁨hour⁩ ago

    And nVidia just reached $5 trillion value

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  • moistclump@lemmy.world ⁨4⁩ ⁨hours⁩ ago

    Sometimes I feel we should be writing these numbers out fully. That’s something worth $4,000,000,000,000 that’s not paying anything substantial to improve your life.

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  • empireOfLove2@lemmy.dbzer0.com ⁨22⁩ ⁨hours⁩ ago

    Yet 42 million people need food stamps to not starve to death

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    • stupidcasey@lemmy.world ⁨13⁩ ⁨hours⁩ ago

      $4,000,000,000,000÷4,000,000 = $1,000,000 literally we could turn all starving people into millionaires if we could live without an iPhone. I guess technically we would have to move the people in those fields to production or logistics or whatever but since the US creates 130 billion extra meals a year I don’t actually think we would have to.

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  • DarkFuture@lemmy.world ⁨21⁩ ⁨hours⁩ ago

    Reminder that many companies bent the knee to the Nazis because it was financially beneficial for them at the time.

    I heard Apple products taste like boots.

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    • takeda@lemmy.dbzer0.com ⁨21⁩ ⁨hours⁩ ago

      All the apple and tesla fanboys that still support then should be ashamed of themselves. By making excuses, you are enabling them to do what they do.

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      • SnotFlickerman@lemmy.blahaj.zone ⁨20⁩ ⁨hours⁩ ago

        I mean, I don’t disagree, but Google is just as awful and most people only really have a choice between an Android phone and an iPhone so not “supporting” one or the other isn’t really an option for most people who, you know, want a phone.

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  • SnotFlickerman@lemmy.blahaj.zone ⁨21⁩ ⁨hours⁩ ago

    Remember when it was viewed as not appropriate to write stories about Apple’s tax dodging because Tim Cook came out as gay, and how important and brave he was.

    Remember that Apple, and specifically Tim Cook, has bent over for Trump over and over, including helping fund his bullshit ass ballroom?

    Maybe we should accept that absurdly rich gay white men can be just as big of shitbirds as absurdly rich straight white men and just as willing to sell out their own countrymen and their own sexual identity community.

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    • spykee@lemmings.world ⁨3⁩ ⁨hours⁩ ago

      No wonder he is so full of shit all the time!
      Dude needs to be dicked down hard till post nut clarity smacks him in the face so hard he begins to realise he is supposed to be human.
      I aint volunteering. Maybe some apple fan boi will do the deed.

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    • Blue_Morpho@lemmy.world ⁨21⁩ ⁨hours⁩ ago

      Thiel is gay- and ranting about the anti Christ.

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      • Archer@lemmy.world ⁨11⁩ ⁨hours⁩ ago

        It’s amazing how he thinks money will save him from being lined up against a wall with other gay people and shot by his current allies

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    • return2ozma@lemmy.world ⁨21⁩ ⁨hours⁩ ago

      As a gay, F all billionaires. Even the gay ones. They are not for the people.

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    • SnoringEarthworm@sh.itjust.works ⁨21⁩ ⁨hours⁩ ago

      Billionaire transcends all other identities.

      A trans billionaire (if it was ever allowed to happen) would be a shitbird by default.

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    • takeda@lemmy.dbzer0.com ⁨21⁩ ⁨hours⁩ ago

      I didn’t even know he was gay.

      Still, fuck him. Whenever somebody is doing something evil nothing should be used as an excuse. Similarly, Israel should not be allowed to commit genocide, because someone in the past committed genocide on Jews.

      Tax dodging is stealing from us (using benefits of the society without contributing back), sending bribes and bending a knee is helping fascism to take over.

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      • SnotFlickerman@lemmy.blahaj.zone ⁨20⁩ ⁨hours⁩ ago

        That’s honestly a bit surprising, the media went whole hog with accolades for him in 2014 when he first openly talked and wrote about being gay.

        theguardian.com/…/apple-chief-tim-cook-proud-to-b…

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  • M1ch431@slrpnk.net ⁨10⁩ ⁨hours⁩ ago

    Okay, now split into at least 4 different companies and compete with each other if we want the illusion of a free market and competition to exist in the minds of those living under capitalism.

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  • xenomor@lemmy.world ⁨16⁩ ⁨hours⁩ ago

    Remember back when Apple’s achievements revolved around making great products?

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    • SnotFlickerman@lemmy.blahaj.zone ⁨16⁩ ⁨hours⁩ ago

      The iPod was genuinely dope in first and second generation.

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      • scintilla@crust.piefed.social ⁨13⁩ ⁨hours⁩ ago

        Really all of the “classics”. No way apple would have ever dreamed of putting 2Tb of storage in your music player but you can do it because they didn’t specifically make it impossible like they would now.

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  • ShellMonkey@piefed.socdojo.com ⁨21⁩ ⁨hours⁩ ago

    Seems not that late ng ago that it was a huge deal they where heading to $1T

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    • voytrekk@sopuli.xyz ⁨21⁩ ⁨hours⁩ ago

      Even crazier that they are valued at $4T when they haven’t done anything to push the business further, at least not worthy of a 300% increase in stock value.

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    • CompactFlax@discuss.tchncs.de ⁨21⁩ ⁨hours⁩ ago

      Yeah it wasn’t that long ago that 1t was a big deal. I guess that’s what inflation buys you.

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    • queerlilhayseed@piefed.blahaj.zone ⁨20⁩ ⁨hours⁩ ago

      The first trillion is the hardest I guess.

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      • kkj@lemmy.dbzer0.com ⁨19⁩ ⁨hours⁩ ago

        Well, Apple was the first company to $1T and only the third to $4T, so maybe not?

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  • echodot@feddit.uk ⁨12⁩ ⁨hours⁩ ago

    And yet Apple TV has the worst interface of any streaming platform and that’s saying something Amazon’s is also terrible.

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    • KumaLumaJuma@feddit.uk ⁨4⁩ ⁨hours⁩ ago

      I feel like Prime is way more terrible.

      Actually came across a useful thing the other day… if you go back 20-30s because you missed something (because you didn’t have CC on), when it restarts it will add captions for 20s.

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    • return2ozma@lemmy.world ⁨10⁩ ⁨hours⁩ ago

      If you have Chromecast you can disable all the recommended/ads and just have the dashboard show the apps you want.

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  • ordnance_qf_17_pounder@reddthat.com ⁨19⁩ ⁨hours⁩ ago

    This is dystopian. Death to capitalism.

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  • ElectricAirship@lemmy.dbzer0.com ⁨20⁩ ⁨hours⁩ ago

    Taxing every billionaire and corporation 90% would give every American 400,000 dollars a year…

    Just saying

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    • Tollana1234567@lemmy.today ⁨10⁩ ⁨hours⁩ ago

      even 50% would be significant.

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    • goatinspace@feddit.org ⁨20⁩ ⁨hours⁩ ago

      They’re lobbying so people don’t have any other choice

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    • adespoton@lemmy.ca ⁨13⁩ ⁨hours⁩ ago

      That’s optimistic.

      In reality ot would make the people who control the government VERY rich.

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  • eleijeep@piefed.social ⁨21⁩ ⁨hours⁩ ago

    It’s not as impressive when they’ve already crossed the 1, 2, 3 trillion marks.

    Call me when they hit 1 quintillion dollars market cap.

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  • QuantumTickle@lemmy.zip ⁨20⁩ ⁨hours⁩ ago

    interestingengineering.com/…/mac-pros-400-dollar-…

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