Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Nickbat on 14 March 2012, 16:05:17
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"A company whose value is dependent on the continued success of two key products, now has a larger market capitalization (at $542 billion), than the entire US retail sector (as defined by the S&P 500)."
http://www.zerohedge.com/news/its-official-apple-now-bigger-entire-us-retail-sector (http://www.zerohedge.com/news/its-official-apple-now-bigger-entire-us-retail-sector)
:o :o :o :o
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well, apple have had larger cash reserves than the US government for a while..... frankly the US will go bust a long time before apple will,
and they are truly a global economic structure, not tied to one region.... and , people tend to concentrate on the iPad/iPhone thing these days, because they are SO successful, but the rest of the product line is hardly a duffer either..... even without such stellar results on the iOS front, , Apple were doing reasonably well , after Jobs returned (sadly not from the dead) and turned the thing around...... it has consistently gone from strength to strength..... using product innovation, vision and seemingly inspired business decisions.....
even if people start buying fewer ipads and iphones.... when the market eventually saturates.... they will still be profitable,
i really don;t get why people have some kind of problem with the idea that something originally small, quirky, independent, "alternative" and cool, can actually turn out a runaway success
I did hear one story that suggested Apple, and other such global entities, are spreading their reserves and assets around the globe, to offset the risks of one or more "national bankruptcies" , currency collapses, and the like....
can't find a link to it..... but it has interesting implications.... (and worrying, looking at Greece.... and then considering a larger economy in such straits )
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I think i just heard a explosion somewhere north from here. TB's direction.. :-X ;D
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Nah, that was the US having a quiet word in Iran's ear. ::) ::)
http://www.businessinsider.com/us-russia-iran-israel-nuclear-2012-3?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=BI%20Select%20Recurring%202012-03-14 (http://www.businessinsider.com/us-russia-iran-israel-nuclear-2012-3?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=BI%20Select%20Recurring%202012-03-14)
Obummer, needs to keep the Jewish vote on his side, so if the polls are not favourable.... ::) ::) ::)