Apple now worth more than Google and Microsoft combined - GoFuckYourself.com

DateDoc · 02-09-2012, 10:22 AM

Apple's stock soared to new heights on Thursday, pushing the company's market capitalization to $456 billion, a number that is greater than the values of rivals Google and Microsoft combined.

As of Thursday morning, Microsoft's market cap was around $256.7 billion, while Google was valued at around $198.9 billion. With Apple's stock up more than 3 percent in morning trading, the company surpassed the combined totals of both Google and Microsoft.

http://www.appleinsider.com/articles...om bined.html

L-Pink · 02-09-2012, 10:26 AM

One of my not to bright financial moves was selling my Apple stock way to early.

.

magicmike · 02-09-2012, 10:27 AM

Oppenheimer went on announce another stunning statistic: Apple now has $97.6 billion cash on hand.

So the market cap isn't too crazy considering just the cash they have.

vsex · 02-09-2012, 10:35 AM

Quote:

Originally Posted by magicmike

Oppenheimer went on announce another stunning statistic: Apple now has $97.6 billion cash on hand.

So the market cap isn't too crazy considering just the cash they have.

incredible!

webair · 02-09-2012, 11:05 AM

I bought Apple at $16 bucks =)

2MuchMark · 02-09-2012, 11:47 AM

I own 4 iMacs, 1 Macbook, 4 iPhones, 1 Apple TV, 5 Airports, 2 Time Capsules, and a bazillion songs from iTunes.

You're welome, Apple!

PornMD · 02-09-2012, 11:51 AM

I own absolutely nothing from Apple, so can't blame me!

ruff · 02-09-2012, 02:20 PM

I have an Apple Macbook. German design, cheap chinese parts. Basically a piece of expensive shit. It's my second one. The original kept breaking until the genuses couldn't blow smoke up my ass and had to replace it with a new one. I have replaced the hard drive and all my data. I have replaced the battery. Now I am replacing the charger. The keys on the keyboard are starting to flake off. What a scam! No more Apple ever.

Theo · 02-09-2012, 02:21 PM

astonishing numbers

flashfire · 02-09-2012, 02:22 PM

they do have a monopoly on music

Verbal · 02-09-2012, 02:23 PM

Quote:

Originally Posted by webair

I bought Apple at $16 bucks =)

Wow! And I was happy to be able to get in at $384

fatfoo · 02-09-2012, 03:13 PM

The growth looks impressive. Apple is now worth more than Google and Microsoft combined. It is estimated that Apple claims more than 80 percent of all operating profits in the mobile handset industry. Google's shares fell more than 9 percent last month after the company missed expectations on Wall Street for both earnings and revenue.

Sly · 02-09-2012, 03:16 PM

Perhaps one day they'll decide they have made enough money so that they no longer need to dump chemicals into rivers, use underage labor, and push workers to suicide. God bless China!

V_RocKs · 02-09-2012, 03:26 PM

Quote:

Originally Posted by magicmike

Oppenheimer went on announce another stunning statistic: Apple now has $97.6 billion cash on hand.

So the market cap isn't too crazy considering just the cash they have.

That is all sitting outside of the US... If they brought it in they would get taxed for a very big chunk of it...

Lykos · 02-09-2012, 03:33 PM

That company is scary !

TheDoc · 02-09-2012, 03:34 PM

Quote:

Originally Posted by V_RocKs

That is all sitting outside of the US... If they brought it in they would get taxed for a very big chunk of it...

That money is on Apple U.S. books, in our Banks... it's already been taxed, or it's value wouldn't be on the books and he wouldn't be able to claim that, or he would falsely be boosting the stocks.

Moving money IN for investment goes on Corp Capital Gains taxes, which is extremely low when the money is invested, and in many states, totally tax free from the money, land, and even pay back on what you paid in fed.

The reason they don't manufacture here is labor costs... not that they can't afford them, but more because they don't want extra cost, thus stocks go up higher and higher.... it's as simple as that.

bronco67 · 02-09-2012, 03:46 PM

Maybe they could bring some of those production jobs back the US, now that they're so stinking rich.

ilnjscb · 02-09-2012, 03:48 PM

I think that is the largest cash holdings ever. In numbers it is, but with inflation? not sure.

sojproductions · 02-09-2012, 05:01 PM

i used to install network systems in offices some 18 years ago, i remember it was all apple networks, then the transition to pc networks started, we all thought it was the death of apple, oh so wrong!

epitome · 02-09-2012, 05:05 PM

Quote:

Originally Posted by TheDoc

That money is on Apple U.S. books, in our Banks... it's already been taxed, or it's value wouldn't be on the books and he wouldn't be able to claim that, or he would falsely be boosting the stocks.

Moving money IN for investment goes on Corp Capital Gains taxes, which is extremely low when the money is invested, and in many states, totally tax free from the money, land, and even pay back on what you paid in fed.

The reason they don't manufacture here is labor costs... not that they can't afford them, but more because they don't want extra cost, thus stocks go up higher and higher.... it's as simple as that.

I've read quite a few articles in the last few days saying more than half is sitting offshore due to tax consequences of bringing it onshore.

TheDoc · 02-09-2012, 05:18 PM

Quote:

Originally Posted by epitome

I've read quite a few articles in the last few days saying more than half is sitting offshore due to tax consequences of bringing it onshore.

They do... but it's not because of taxes. Those articles are pure bullshit, moving money around for investments and taking the write off for it, is nothing for a corp like apple. At that, having an international U.S. bank account is normal, they still claim that revenue, pay tax on it, etc... they just don't move it here.

A corp with enough liquid cash here, simply has no reason to bring more over - even more so when they aren't spending more than they have.

Even if the tax was zero, the banks will collect a fee... no logical business person is going to move billions over (even if it's already taxed or tax free), just to pay a "bank tax" when they have more money than they're already spending.

02-09-2012, 10:22 AM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Apple now worth more than Google and Microsoft combined Apple's stock soared to new heights on Thursday, pushing the company's market capitalization to $456 billion, a number that is greater than the values of rivals Google and Microsoft combined. As of Thursday morning, Microsoft's market cap was around $256.7 billion, while Google was valued at around $198.9 billion. With Apple's stock up more than 3 percent in morning trading, the company surpassed the combined totals of both Google and Microsoft. http://www.appleinsider.com/articles...om bined.html __________________

02-09-2012, 10:27 AM	#3
magicmike Confirmed User Industry Role: Join Date: Feb 2003 Location: JustPorno Posts: 2,384	Oppenheimer went on announce another stunning statistic: Apple now has $97.6 billion cash on hand. So the market cap isn't too crazy considering just the cash they have. __________________ Just Porno with both classic and mobile porn versions. Gay Porn Our mega gay site tranny porn

02-09-2012, 11:05 AM	#5
webair Confirmed User Industry Role: Join Date: Feb 2002 Location: NYC, NY Posts: 8,531	I bought Apple at $16 bucks =) __________________ ~ Webair Dedicated Cloud Servers™ ~ WEBAIR VSYS™ Virtual Hosting Platform ~ Superior CDN Network ~ ~ Managed Dedicated hosting Specialists ~ DISCOUNT DOMAIN NAMES! ~ WEBAIR FUSION IO MANAGED CLOUD SERVERS! ~ *ICQ:* 243116321 - *TWITTER* - @WEBAIRINC - E-Mail: [email protected]

02-09-2012, 11:47 AM	#6
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 48,529	I own 4 iMacs, 1 Macbook, 4 iPhones, 1 Apple TV, 5 Airports, 2 Time Capsules, and a bazillion songs from iTunes. You're welome, Apple! __________________ VideoChat Solutions \| Custom Software \| IT Support https://www.2much.net \| https://www.lcntech.com

02-09-2012, 11:51 AM	#7
PornMD Mainstream Businessman Industry Role: Join Date: Jan 2007 Location: San Diego Posts: 9,291	I own absolutely nothing from Apple, so can't blame me! __________________ Want to crush it in mainstream with Facebook ads? Hit me up.

02-09-2012, 10:26 AM	#2
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,152	One of my not to bright financial moves was selling my Apple stock way to early. .

02-09-2012, 02:20 PM	#8
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	I have an Apple Macbook. German design, cheap chinese parts. Basically a piece of expensive shit. It's my second one. The original kept breaking until the genuses couldn't blow smoke up my ass and had to replace it with a new one. I have replaced the hard drive and all my data. I have replaced the battery. Now I am replacing the charger. The keys on the keyboard are starting to flake off. What a scam! No more Apple ever. __________________ CryptoFeeds

02-09-2012, 02:21 PM	#9
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,524	astonishing numbers

02-09-2012, 02:22 PM	#10
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	they do have a monopoly on music

02-09-2012, 03:13 PM	#12
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	The growth looks impressive. Apple is now worth more than Google and Microsoft combined. It is estimated that Apple claims more than 80 percent of all operating profits in the mobile handset industry. Google's shares fell more than 9 percent last month after the company missed expectations on Wall Street for both earnings and revenue. __________________ Send me an email: [email protected]

02-09-2012, 03:16 PM	#13
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,288	Perhaps one day they'll decide they have made enough money so that they no longer need to dump chemicals into rivers, use underage labor, and push workers to suicide. God bless China! __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Wanted: CCBill pay sites for sale

02-09-2012, 03:33 PM	#15
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,017	That company is scary ! __________________

02-09-2012, 03:46 PM	#17
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,035	Maybe they could bring some of those production jobs back the US, now that they're so stinking rich. __________________

02-09-2012, 03:48 PM	#18
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,785	I think that is the largest cash holdings ever. In numbers it is, but with inflation? not sure.

02-09-2012, 05:01 PM	#19
sojproductions Confirmed User Join Date: Aug 2006 Posts: 2,160	i used to install network systems in offices some 18 years ago, i remember it was all apple networks, then the transition to pc networks started, we all thought it was the death of apple, oh so wrong! __________________ ICQ: 404-159-022 Blue Pixels Profits - Uk Solo Tranny sites & Crossdressing! Filthy Profits - Uk MILF Solo Sites