rob Posted January 6, 2011 Posted January 6, 2011 But, valuation is not everything. MS has signifigantly more assets than apple (cash and investments). And more employees. Does "largest company" also mean "most profitable?" Quote
eldiente Posted January 6, 2011 Posted January 6, 2011 No way, when we run out of oil, we can run our cars on iPhones. Exxon has a finite life, whereas Apple can keep making up BS forever. ( I do agree on the bubble though, when should I cash out?) Quote
billcoe Posted January 6, 2011 Posted January 6, 2011 (edited) I think he meant largest market cap Rob. (shares outstanding X share price) In that case, Apple might be an overpriced phone company if you examine Nokias market cap and add in MSFT as well. What goes up will come down. PS, this is from someone who sold Apple too soon, so take that with a grain of salt:-) No way, when we run out of oil, we can run our cars on iPhones. Exxon has a finite life, whereas Apple can keep making up BS forever. ( I do agree on the bubble though, when should I cash out?) No that's not really the case Nate. You should do some serious research on Exxon. Interesting story found from digging into Nates link: http://stevenf.tumblr.com/post/359224392/i-need-to-talk-to-you-about-computers-ive-been Edited January 6, 2011 by billcoe Quote
John Frieh Posted January 6, 2011 Posted January 6, 2011 I love math! (really I do) Depends on what you mean by "large" but let's look at some of the other big players in the computer world and what they did during 2010. If we are only looking at value, Apple is currently third largest company on Earth, no not a mistype. Exxon oil and China Petro occupy the number 1 and 2 spots. Apple. 65 billion revenue, 300 billion market cap. Dell. 53 billion revenue 27 billion market cap.*Ouch* Microsoft. 63 billion revenue, 238 billion market cap. Intel. 35 billion revenue, 116 billion market cap. Intel did 40 billion in revenue in 2010 not 35. Quote
eldiente Posted January 7, 2011 Posted January 7, 2011 Oh man I can't believe I got sucked into this.*laughs* What does large mean? I was thinking of revenue and profit, not market cap. By a measure of revenue, Apple is larger than Microsoft, Dell or Google. Although market cap can be a bunch of crap, (remember the dot.com bubble days) Apple has extremely conservative fiscal policy to back-up the high share prices. 50 billion in cash, and no debit. Apple could buy Dell tomorrow and never even notice. *sighs, dude I feel like I'm sticking up for the evil empire here, blah* Anyway, we can agree that Apple is f**ing huge and shows no signs of slowing down. Heres another fun fact Walmart has 2 million employes and makes about 14 billion a year in profit. Apple has 50,000 people on payroll and also makes about 14 billion a year. If making a buck off your employee is the goal of all this, Apple is doing a great job. Quote
Hugh Conway Posted January 7, 2011 Posted January 7, 2011 Anyway, we can agree that Apple is f**ing huge and shows no signs of slowing down. That's probably the dumbest thing you wrote. Heres another fun fact Walmart has 2 million employes and makes about 14 billion a year in profit. Apple has 50,000 people on payroll and also makes about 14 billion a year. If making a buck off your employee is the goal of all this, Apple is doing a great job. The hundreds of thousands of FoxConn slaves don't count? Quote
Hugh Conway Posted January 7, 2011 Posted January 7, 2011 Christ, who fucking cares? kevbone level of dumb Quote
genepires Posted January 7, 2011 Posted January 7, 2011 Heres another fun fact Walmart has 2 million employes and makes about 14 billion a year in profit. Apple has 50,000 people on payroll and also makes about 14 billion a year. the total payroll for 2 million walmart employees is probably the same as the total payroll for 50,000 apple employees. Quote
ScottP Posted January 7, 2011 Posted January 7, 2011 those are fuxcking disgusting finger nails What do you expect from a dude sporting a Magic Marker tattoo and Huck Finn capris? Quote
ScottP Posted January 7, 2011 Posted January 7, 2011 My iPhone is the least reliable gadget I own by far. Apparently, the (previously owned) phone had all 4 submersion sensors tripped. Chris, you fuckin' douchebag! The chick looked up from the cash register and said "Merry belated Christmas. No charge. Here's your new phone." Fair enough. Thanks, Apple! Quote
tvashtarkatena Posted January 7, 2011 Author Posted January 7, 2011 Is our little Scotty Watty Poo making an attempt at...IRONY? Go, li'l Scotty, Go! Quote
billcoe Posted January 7, 2011 Posted January 7, 2011 Is our little Scotty Watty Poo making an attempt at...IRONY? Go, li'l Scotty, Go! Someone has a stream of Douchery running out of control from their mouth that just can't seem to get stopped. Quote
ScottP Posted January 8, 2011 Posted January 8, 2011 Is our little Scotty Watty Poo making an attempt at...IRONY? Go, li'l Scotty, Go! No Tina, it's just my way of saying your a whiny little bitch. Quote
Hugh Conway Posted January 8, 2011 Posted January 8, 2011 Is our little Scotty Watty Poo making an attempt at...IRONY? Go, li'l Scotty, Go! No Tina, it's just my way of saying your a whiny little bitch. It appears that was enough to drag him away from his naval gazing for a few minutes Quote
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