Friday, August 3rd 2018

Apple the First American Trillion-Dollar Company

Apple has become the first American company valued at over 1 trillion Dollars (that's $1,000 billion), a figure rivaled only by some state-owned Chinese banks that hold over a trillion Dollars in AUM (assets under management). Founded in 1976 in a garage with a few hundred Dollars in seed-capital, the trillion-Dollar Apple is now one of the world's leading tech companies dominating consumer electronics, computing, big-data, and content publishing, worldwide. Apple shares rose 2.09 percent Thursday, to close at $207.39, which raised the company's market value to $1.002 trillion. The first company worldwide to cross the trillion-Dollar mark was PetroChina, in 2007. The Chinese state-owned oil firm stayed above $1T for a brief period of time, before the 2008 Financial Crisis torched the world economy.
Source: Bloomberg
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29 Comments on Apple the First American Trillion-Dollar Company

#26
trparky
StrayKATThe BSD license is the most flexible in existence on purpose.
The idea of the BSD License was to make a software license where you can take from the community but you have no legal obligation to give any of your changes back to the community from which it came from. The GNU License is very different in this regard, whenever you make a change you are legally required to give back those changes to the source code.
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#27
StrayKAT
trparkyThe idea of the BSD License was to make a software license where you can take from the community but you have no legal obligation to give any of your changes back to the community from which it came from. The GNU License is very different in this regard, whenever you make a change you are legally required to give back those changes to the source code.
Yes.. some may disagree, but I think because of this it lives up to the "free software" ideal better than even GNU. It doesn't require anyone to change, legally or mentally speaking, in order to use software. That's actually what freedom is. Even when the end products may lead to commercialism.
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#28
Ravenas
Apple and Microsoft are some true American success stories. Each have had their up and downs, but right now they are firing on all cylinders.
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