To: adorno
The first "trillion dollar company" was Microsoft, over a decade ago, when adjusting for inflation. No, Adorno, You can't adjust for future inflation. . . because you never know what inflation is going to be. That is merely wishful thinking. Capitalization only counts in the current valuation of currencies, not in what it someday may be counted as being diluted to; that's meaningless drivel type of thinking. You want to think that way, you can go back to the robber barons of the turn of the last century and use the value of what their stock would one day become worth and say THEIR stock at that time was the first "trillion dollar" company even though it was only capitalized at $100 million, based on the same kind of reasoning. There are companies right now that have capitalizations of over $3 trillion. . . but they are not purely private companies, being quasi government entities or fully government owned.
16 posted on
08/01/2017 8:25:24 PM PDT by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
No, Adorno, You can't adjust for future inflation.
Ok, so I know that you want to protect your first love (Apple) from looking like it's not the "first" at something, but, the FACT remains that, Microsoft did reach that "trillion dollar" milestone after one adjusts for inflation.
And, comparing past dollar figures against current dollar figures, makes no sense whatsoever, unless one adjusts the "then figure" to the current value of the currency. Adjusting for inflation is done all the time, when people want to compare to arrive at "same value" figures. But, you can continue believing that your precious Apple might be first, no matter how fallacious your beliefs might be. Your way of thinking reminds me that, you really do worship Apple like a cult, and cults are difficult to leave.
18 posted on
08/01/2017 8:32:37 PM PDT by
adorno
(w)
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