It is amusing that you are the one spouting fallacies on this threads with your false claim that Microsoft passed a fictional market cap of a trillion dollars sometime in the past with your moving goal post. The fact is that it never did. . . There simply has not been that much inflation since Microsoft peaked in its market cap at ~$450 Billion in 1999 during the Silicon Valley Bubble. Plug that $450 billion into any inflation calculator and find out that it results in only a $661 billion market cap in 2017 dollars after adjusting to 2017 dollars using the know historic inflation rates for the past 18 years. That is nowhere near a $1 trillion Market Cap.
Now, if you want to go much farther back in time, the Dutch East India Company is estimated to have had an inflation adjusted Market Cap of over $25 Trillion. . . but where is that company today. Again, going to the past, Standard Oil had a huge historic Market Cap and was traded. . . and went through some huge inflationary times. Go back far enough using your specious approach to valuation, would have very early been the "first trillion dollar market cap" company. . . but YOU CAN'T VALUE COMPANIES BY MARKET CAP IN FUTURE DOLLARS! Today, the Saudi Oil Company is estimated to have a market cap (if it were traded) of over $25 trillion, but then it isn't traded. The China Oil Company has a huge Market Cap and IS traded, but it is majority owned by the Chinese Government. . . which put up the vast majority of its capital, so doesn't count. . . same for the Bank of China, which has a Market Cap north of 8 Trillion. So it doesn't bother me in the least that Apple wasn't first.
Your spouting your false claim makes YOU the cultist here. YOU are the one believing in a MYTH and wanting everyone to believe it. I have posted easily discovered and checkable facts with evidence and you can calculate it your self. You just keep pushing your falsehood with religious fervor because you think it denigrates Apple.
I think I have told you in the past that I was educated as an Economist. It's obvious you were not. My minor was in Finance. Words mean things and YOU don't get to redefine their meaning like the Liberals always do to hijack debate. A Trillion dollars is a specific amount of money, a specific value of market cap. It is NOT what you want it to be, somehow reached in the past with a fudge factor that was NOT applied at the time.
It is amusing that you are the one spouting fallacies on this threads with your false claim that Microsoft passed a fictional market cap of a trillion dollars sometime in the past with your moving goal post. The fact is that it never did. . . There simply has not been that much inflation since Microsoft peaked in its market cap at ~$450 Billion in 1999 during the Silicon Valley Bubble. Plug that $450 billion into any inflation calculator and find out that it results in only a $661 billion market cap in 2017 dollars after adjusting to 2017 dollars using the know historic inflation rates for the past 18 years. That is nowhere near a $1 trillion Market Cap.
Now, if you want to go much farther back in time, the Dutch East India Company is estimated to have had an inflation adjusted Market Cap of over $25 Trillion. . . but where is that company today. Again, going to the past, Standard Oil had a huge historic Market Cap and was traded. . . and went through some huge inflationary times. Go back far enough using your specious approach to valuation, would have very early been the "first trillion dollar market cap" company. . . but YOU CAN'T VALUE COMPANIES BY MARKET CAP IN FUTURE DOLLARS! Today, the Saudi Oil Company is estimated to have a market cap (if it were traded) of over $25 trillion, but then it isn't traded. The China Oil Company has a huge Market Cap and IS traded, but it is majority owned by the Chinese Government. . . which put up the vast majority of its capital, so doesn't count. . . same for the Bank of China, which has a Market Cap north of 8 Trillion. So it doesn't bother me in the least that Apple wasn't first.
Your spouting your false claim makes YOU the cultist here. YOU are the one believing in a MYTH and wanting everyone to believe it. I have posted easily discovered and checkable facts with evidence and you can calculate it your self. You just keep pushing your falsehood with religious fervor because you think it denigrates Apple.
I think I have told you in the past that I was educated as an Economist. It's obvious you were not. My minor was in Finance. Words mean things and YOU don't get to redefine their meaning like the Liberals always do to hijack debate. A Trillion dollars is a specific amount of money, a specific value of market cap. It is NOT what you want it to be, somehow reached in the past with a fudge factor that was NOT applied at the time.
Using your logic, I am a billionaire - probably in 2115 dollars!