Apple becomes first company to hit $3T market value(reuters.com)

It wasn't so long ago that these companies were the most valuable in the world at a market cap of $2-400 billion. They grew an order of magnitude in a decade.

seydor5 年前

Here's to $10T by 2023

vipa1235 年前

No inflation here... move along...

nikolay5 年前

Which is another proof that the stock market is a fantasy market.

paulryanrogers5 年前

I wonder what the market value would be if Saudi Aramco were public

gnulinux5 年前

Saudi Aramco is public. Here: https://www.saudiexchange.sa/wps/portal/tadawul/home/?compan...

valleyer5 年前

It is.

https://www.aljazeera.com/economy/2019/12/11/saudi-aramco-sh...

Its market cap is approximately 7.13 trillion Saudi riyals, or 1.9 trillion USD.

gruturo5 年前

...until it craters when their claimed oil reserves are found to be inflated.

sschueller5 年前

Meanwhile the people who are making iPhone are working in abhorrent conditions. [1] Apple has huge margins and is hording ridiculous amounts of cash. There is zero reasons for this. Shame on all of us for letting this go on.

https://www.reuters.com/world/india/women-force-change-india...

olliej5 年前

I mean while not great, Apple does seem to be the only company that audits its suppliers for such things. It's dropped suppliers for repeated infractions.

I think a key issue here is making it about Apple gets press. It doesn't matter if others are worse, articles about them don't get press.

microtherion5 年前

According to the very article you cite, Apple was NOT "letting this go on", but shut down the plant until it improved conditions.

olliej5 年前

I mean this is how it's reported. I've seen reports talking about poor working conditions at these factories. Sourced from ... Apple's own audits, in which they detail the fixes they required.

nojito5 年前

Wasn’t that plan shutdown by Apple?

https://www.cbsnews.com/news/apple-india-foxconn-iphone-plan...