Apple besting Samsung
in smartphone market
Ping!
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Free Enterprise and Capialism is GREAT in America!
Well, we’re back again, this time in the category that the mod wanted ... :-) ...
APPLE IS CLOSER THAN EVER TO BECOMING A TRILLION-DOLLAR COMPANY
http://www.wired.com/2015/02/todays-top-tech-2-11-15/
After blasting through the fabled $700 billion ceiling yesterday to become the most valuable publicly traded company ever, Apple shares are shooting even higher today. Before the launch of the iPhone 6 and 6 Plus, many pundits—including we at WIRED—questioned whether Apple had run up against a wall of market saturation. Its record-setting earnings this past quarter erased that idea, and investors are now wondering how high Apple can go. As tech analyst Ben Thompson points out today, Apple is now moving into every aspect of our lives—health, home, car, and wrist among them. At this rate, a $1 trillion valuation almost seems reasonable.
The epic quest to become the first $1 trillion company
http://www.washingtonpost.com/blogs/innovations/wp/2015/02/27/the-epic-quest-to-become-the-first-1-trillion-company/
There are plenty of reasons why Apple could become the first $1 trillion company. First of all, there’s the iPhone, still the best business on the planet ever. Then, there’s the company’s unprecedented ability, Steve Jobs or no Steve Jobs, to bring new high-end products to market each year, and make them all part of a networked mega-ecosystem. In just the past year, Apple has introduced the Apple Watch, Apple Pay, Apple HealthKit and Apple HomeKit – four potentially big innovations with the ability to invent (or re-invent) huge industries.
But there’s one good reason why Apple won’t be the first company to $1 trillion – and that’s because it’s too easy to fall into the trap of extrapolating from the recent past to predict the future.
Think back to the end of the last tech boom in the 1990s, when Microsoft, Cisco and Intel were stock market darlings and all of them attained stock market valuations of over $500 billion. At its peak, Microsoft had a market valuation of nearly $620 billion – comparable to Apple’s valuation back in August 2012 – and everyone thought the “Wintel” PC dynasty was unstoppable. And then the dot-com tech collapse happened in March 2000, changing everything we thought we knew about the Internet.
Fifteen years ago, then, we got it all wrong but it wasn’t our fault. Back in 1999, of course, Google was only a year old, Facebook was not even a dream yet in a Harvard dorm room, and the first iPhone was still nearly a decade away from being introduced. For much of 1999, Apple sported a nifty market capitalization of under $10 billion, less than that of either Dell or Nokia. Who would have guessed that Apple’s market cap had the potential to grow 100-fold over 15 years?
We’re back again ... :-) ...
I see you’re having more fun with your love for Apple.
But, like I said in ‘that’ other discussion, Apple is a bubble, which is being primed to burst, some time soon.
Still, Apple has not reached the ‘all time high’ that Microsoft achieved in 1999.
However, keep your money and love invested in Apple. I will be the first to come on here and say, “I told you so”, after you’ve lost the shirt on your back.
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Good for Apple. They’re going to need the cash to offset losses when their stupid Dick Tracy watch that no one over 40 can see tanks worse than the Newton.
What I don’t understand about this article, is that it is written as if apple sold more smartphones than samsung for the year, when it was only for the fourth quarter.
For the entirety of 2014, samsung sold over 116 million more smartphones then apple. Source Table 2 :
http://www.gartner.com/newsroom/id/2996817
I’m not complaining about apple beating samsung for the quarter, I was just confused at first.