This page has been archived and commenting is disabled.
It's Official - Apple Is Now Bigger Than The Entire US Retail Sector
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). Little to add here.
»
- 38340 reads
- Printer-friendly version
- Send to friend
- advertisements -
iBubble.
iMplosion.
iDontgiveanapplefuck
iCurrumba!
iCalifornia iTax iRevenues plunge i22% but the iPonzi is UP UP UP!!!
iMpulse buy!
But iNnovation, bitches! Apple are iNnovating all the way to a new normal! This time is different! Apple are going to 36,000!
iOfthefrickenstorm..
Recovery is good.
Do they let you keep your iPhone and iPad in Recovery?
Snarc: Does the tax code let you insider trade? Thanks for being the best politician since Al Haig, Ms. Pelosi.
iAlternative to macbook and ipad... Hackintosh!
iMackintosh is a jacket that iIrish people wear when they go to iMass
Siri is a whore.
is that a complaint or a wish list?
So is Sandra Fluke
my classmate's sister makes $82 hourly on the internet. She has been out of work for 10 months but last month her income was $17192 just working on the internet for a few hours. Read more on this site .... http://qr.net/h7eu
Understanding of German NOT required...very funny.
http://www.wimp.com/dadipad/
Gotta try that app out.
"Anyone with a pension, family, or hope for the future, leave now."
http://www.youtube.com/watch?v=mRWZoCqnDhE
ifuckingjoke
What could go wrong, iBitchez?
This time, iTsDifferent.
yes maybe this time Craaple will surpass US national debt in market value <sarc>
Retail is so last century.
itulips
South Sea Bubble.
iMade that joke yesterday.
iBrilliant
"It's Official - Apple Is Now Bigger Than The Entire US Retail Sector"
What a landmark.. and couldn't happen to a nicer company, well done Apple :)
You copypasta!
I made it 9 days ago http://www.zerohedge.com/news/guest-post-one-chart-shows-where-aapl-and-...
Hey Nasdaq, take it out of the index. It no longer belongs in any index. It no longer belongs on any exchange. It needs its own exchange.
...or country.
Long bond it and buy out troubled countries. Put the population to work on a living wage of say $1 usd/day.
iWork or iDie.
/sarc or /unsarc - iForget which.
iBlackrock High Yeild Bond fund holds shares.
Let's see if it can beat both semi and retail combined!!! iSynergy baby!!!
iPuked
Confirmation of a "market" that now exceeds the definition of "full retard"
iTard
iShort
iYou first
iGob
you can see Americas socio-economic problems defined nicely in the anti-Apple whingers
Apple is one of the greatest Companies ...Ever
Go Apple! Let's see a trillion.
Quadrillion?
Indeed
if Apple and Caterpillar took over the running of America and BMW and JCB the running of Europe the West would be a much, much, much nicer place
enough dreaming, back to the stinking crumbling Monopolists Matrix ..ho hum
...as the AUD$ is falling. China sure must be too busy manufacturing to import base materials.
Watching the EURUSD fall also makes me believe a major investment fund blew up somewhere. The insiders know and are keeping it secret (while selling) until the sheeple find out they are hosed.
I think you´re being unfair. I´d say the success of Apple depends on four key products...Imac, MacBook, IPad and IPhone.
But where are the people crying "bubble" on this one? When it comes to gold everybody is so eager to call the top.
iMac and MacBook are barely a drop in the bucket of revenue. Apple's current price depends on iPad and iPhone alone.
Don't forget iPod
iDon'tforget iChina.
don't forget the iCrap of the iCompetition
iJunked by the iCompetition
just slightly bitter and twisted over there in the opposition trenches
iToobigtofail.
iBailout
people managing other people's money are buying....
It's about freaking time Apple took over the world.
The Fall of Man: We lost our guidence and ate the apple; how fitting.
i666, iNWO?
iAlchemy
They may have eaten the aapl but they lost their cherry.
Time to start shorting apple!
Not until they release the iPear. I think that will be the first sign that things are starting to go pear shaped!
cant wait for taxpayer bailout of the iphone
Free iPhone for anyone who can't afford it!
iFUBAR
The yield on a one year Greek bond raced past the BDI (Baltic Dry Index) a few weeks ago.
Now its Apple's turn.
Not an easy task as the BDI has recently been heading north as well.
Am expecting BDI to head south again and predicting an intersection point in the 650 - 700 range.
Speaking of the 1 year Greek bond, that number seems to be stuck at 1143 for the past few days.
Did someone halt the trading in that bond..??
time to fry more...i mean buy more..i mean
i dont own 1 fucking apple product...but heres the Irony
I repair the iphones and sell the parts (iphonepartswarehouse.com)
lmfaoooooooooooooooooo
Did you mean iRepair (ouch)?
So, if you repair them is there a reason you don't own any Apple products? I don't own any because I don't perceive my NEED for them.
DavidC
not irepair..i started my own shit locally here...had to do all the legwork myself.
I dont own any apple products because although they are "cool" they are overpriced and the service is even more overpriced than the product is. Besides, too much crap goes wrong with iphones...way too much.
I wonder if they will run this pig up to a trillion dollar company. It seems like a down day in Apple is just as forbidden as a down day on th market.
iWonder what would happen if there comes a point where there is no greater fool.
Well it seems that we have the biggest fool in the fed with unlimited money.
The rational consumer has done it again and eaten the AAPL. I think this deserves a quote.
Ezekiel 25:17 - The path of the
righteous man is beset on all sides
by the inequities of the selfish and
the tyranny of evil men. Blessed is
he who, in the name of charity and
good will, shepherds the weak through
the valley of darkness, for he is
truly his brother's keeper and the
finder of lost children. And I will
strike down upon thee with great
vengeance and furious anger those
who attempt to poison and destroy my
brothers. And you will know my name
is the Lord when I lay my vengeance
upon you.
That is truth! I think Ezekiel was trying to say the world is filled with evil men ready to steal your money.
You and Billie Holiday.
And Samuel L. Jackson. "Say what again, I dare you. I doubledare you, motherfucker."
when you absolutely positively have to bankrupt every motherfucker in the room
http://www.youtube.com/watch?v=yxQNYPYFq1c
inequities, equities, same difference
It's my largest position. The move up in the stock price is because of fundamentals, growth, and the amount of cash that they have. A PE Ratio of 15 puts it at 690. People on this board were saying iBubble at 200, it has more than half that in cash now.
I won't argue, because I could give a fuck what the hell the market, and for that matter, all of its rational consumers, think of the company, Apple.
You always argue and you rarely think. You have your formula.
iFundamentals?
iWTF.
I have just one question. How much fucking bigger do you expect it to get?
it's barely penetrated the US corporate market, China, and Brazil, so can easily double from those 3 points. I give this a 75% chance of happening.
Ah yes, the "slap a random multiple on earnings estimates" valuation approach. Investing is easy!
there's nothing random about it, how about this, why don't you do the math on what you think it is worth, how about that? Do a little math and see what you come up with. You probably don't know how, and if you don't know how, your opinion isn't worth very much.
You seem nervous. Were you heavy in QCOM about 12 years ago?
What was QCOM's PE ratio in 2000 when it was trading at 80?? Do you know? Why don't you tell us? And it was $3 is 1998, now it is $65. And 11 years 9 months ago it was at 30. Is there a point there? QCOM is a good company.
ask yourself this, a retail product valued higher then the entire retail industry, you dont see a problem in that? a fool and his money...
in 2004 you could have bought apple for 12 bucks, a fool and his money indeed
Is that you Robo?
Let me guess - you picked a 15 multiple because that's "about average"...Yes, you've already shown us the depth of your analysis and that you can multiply, so I suppose that is a *little* math...
I am a Man,
Looks like you also drink Kool Aid.
I would buy this company just looking at the numbers alone. I have a very old Macbook, I will probably buy the new iPad for the video camera and the retina display. I bought my GF an iPad 2 and it is an awesome device. I like quality products, do you not?
"I'd like an ipad type of tablet, but I'm looking to spend less than 60 dollars... Do you have anything like this?"
"Yes, we carry 35 different tablet manufacturers, starting at only 20 dollars. Our most expensive tablet without a retinal camera is 70 dollars, but it is free after the mail in rebate."
it's a simple three step process:
1) get a pencil
2) get a notebook (regular paper)
3) get a library card (they still exist)
Total cost: Less than $5
What you do with it is limited only by your imagination.
Ow, ow, ow.
Too hard to think on my own, iThink.
I like Apple and I understand the reason so many fundamental people are long. But! 2% every day is not a healthy move IMO. Any long manager not watching this like a hawk and taking profits or hedging is a moron.
'zactly...time to lighten up and do some knife catching.
I hate the narrowness of the market. FCX and NSC down 1 and 2% but that doesn't matter as long as IBM and AAPL are pumped. International down, copper down, yields up, euro down. US stocks green. At least te five biggest are! Fuck me.
In the old "normal" world, this would make sense.
We are long gone from that place. Wlth unlimited printing, unlimited cash, reality is becoming blurry. They can goose this casino and apple any way they want. Its a toy now.
Gasoline breakout bitchez! This is great news for those planning to cruise around in their GM SUV's shopping for 6000sq ft McMansions this spring selling season.
Now, all that's left is for it to be added to the Dow.
Me thinks that would then crash and crush all the NASD index funds and cause the DOW index funds to explode, wouldn't it...IMHO???...
You're confusing exchanges and indexes.
I am always way early on calling bubbles, so we must be in the early innings here. AAPL 1500 here we come.
Siri is a shitty Teddy Ruxpin impersonator.
People fail to remember that in 1984 Teddy Ruxpin was also larger than the entire retail sector.
iBuy AAPL- iSell Gold the New iRule in the Market of the-i-
Freud approves of this message.
I think it's telling that Apple didn't name the new iPad iPad3.
DavidC
Will they call the iPad4 the "Newer iPad"?
Operation iPad
iKnew iPad
And in celebration of this unvarnished victory for central planning, Bernanke will now buy every man, woman and child in the country an iPad.
Sounds like its more the fault of the rest of retail sector sucking ass
Did you even look at the graph?
Check his avatar.
iAlgo download now from the app store. For all your Apple trading needs.
I guess they should thank Bank of Israel
iSrael.
iGo global. iIMF.
A drug in tablet form helps make Apple worth a third of S&P pharmaceuticals...
More than half of the pharmaceutical creations are garbage. Most of those are harmful. All are created to make money and do nothing. Function is important when you want something to work. Apple works.
Slave labor! Slave labor! Fuck yeah! Mush the Chinese plant manager screams to the workers. Mush bitches! Wah tish (whip sound)!
iDontWannaWork...iWannaBangOnMyPadAllDay
yet money is flowing OUT of APPL today ??? http://quotes.wsj.com/aapl
Apple to launch 15" MacBook Air in April.
http://www.appleinsider.com/articles/12/03/14/rumor_apple_to_launch_15_i...
Bullish iCats.lol
New apps aimed at cats are turning the iPad into a high-tech pet toy, though owners may want to invest in a screen protector before doing so.Purina's Friskies now offers iPad and Android apps for cats, becoming the first pet food manufacturer to capitalize on the increasingly popular tablets.
Four free apps, called "Here, Kitty Kitty," "Cat Fishing," "Tasty Treasure Hunt" and "Party Mix-Up," promise to entertain felines with moving objects that flash or bounce when hit.
Owners can first attract pets to play tablet games with Here, Kitty Kitty's imitation birdcalls and rustling cat food bag noises. Then cats can happily bat at digital fish and virtual cat food with the other apps.
http://www.mobiledia.com/news/91146.html
And worth every penny.
Don't lose out on the next $500/sh. Buy now!
I am hearing a lot of people justifying Apple's valuation currently. They have 100 billion dollars in cash, their PE is 11, etc. They are innovators, and despite the loss of Steve Jobs he left 5 years worth of innovations for the future, so it's like he's still there. No one seems to be negative on the company. The fact is, that most investment money is going into Apple at the moemnt at the expense of other stocks. Fudamentals or no fundamentals, the facts are that we have had a huge run up in the company. The majority are bullis on it. Apple makes non-essential, luxury items - Items you can live without.
On a macro level, we are facing Global headwinds. China is slowing, Europe is in the midst of a crisis, with unemployment rising faster than you can say Jack Rabbit. Austerity is starting to bite there. Oil prices are rising, thus reducing discretionary income. The American consumer still needs to cut back and increase savings - we are nowehere near the end of the debt deleveeraging cycle with respect to household balance sheets. You can do without an Apple product, which on average costs around twice what an equivalent product would cost in general. (Although, at the moment despite the aove, people seem to buy Apple products whaever their financial condition.)
On a more specific basis, the iPhone brings in half the firm's revenues, and there is now credible competition with Android phones. Google gives away their software, and multiple companies can manufature an android phone, which makes the Andoirds cheaper, and will continue to cheapen them over the long run. With the iPhone I am getting the feeling that the situation is simlar to when Apple was selling Macs, and the market got taken over by the PC since Microsoft was licensing DOS, then Windows to all PC manufacturers. Mac market share fell at expense of the PC. I can see that the same thing potentially happens again.
so many people were saying this in 2009, 2010, and 2011 and the numbers are better than ever
Soon AAPL will join the iBailout fund and bailout the world. Next product, iCongress
iReggie
I have strange, vivid dreams every night. Last night I dreamed that two companies were the largest in the world. The first was Apple and the second was a company called AEIOU that produced a browser that made using the Usenet easier.
How did apple fare the last time Jobs left?
I never would hav guessed that the demand for women's apparel accesories would be so high ;-)
... C'mon Apple, makes something for us guys for a change!
iCantbelievethis
I is kind,
I is smart,
I is important,
I is Amazed at what Apple has accomplished...
Looks like CBS is learning where to find reliable financial news sources:
http://www.cbsnews.com/8301-505124_162-57396966/apple-almost-bigger-than...
Doesn't this also mean that Apple is now 1/100th of the world's total market cap... Plus or minus a few 1,000ths???
AAPL safer than US TSY's?? YES? There's the trade now or one helluva short squeeze!
iFoxconn
Wow, just wow. Don't suppose there's a brilliant physicist/mathematician on the other end to solve all our problems when this APPl falls.
iWish iHad sold at $594...
Perhaps this is Apple's "blow-off" moment! Just perhaps,,,,,,
iSell, bitchez!
iFed happy, iBen happy iBarry happy
What I would love is to see a real audit of Apple's books, A REAL AUDIT. What are regualtors afraid of? A single company being worth more than the entire retail sector of the largest economy on Earth? There doesn't seem to be a problem there?
I do believe Apple sells a lot of product, just nowhere near what they claim. They've got the entire cast of IronChef cooking their books. Apple has reached pure insanity. Analysts are already claiming Apple will sell more TVs than Sony, Samsung, LG, Vizio, and Panasonic combined. REALLY????
Last time I checked There are still more Android phones sold than iPhones. Samsung is catching up to Apple in total number of phones sold worldwide, looking to surpass them as the largest single manufacturer. Considering Apple doesn't actually manufacture a single product and much of what goes in a iPhone comes from Samsung. You can argue Samsung is the world's largest consumer tech company in the world.
iRection