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It's Official - Apple Is Now Bigger Than The Entire US Retail Sector

Tyler Durden's picture


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.


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Wed, 03/14/2012 - 10:22 | 2253952 Capitalist
Capitalist's picture


Wed, 03/14/2012 - 10:26 | 2253985 a growing concern
a growing concern's picture


Wed, 03/14/2012 - 10:31 | 2254020 resurger
resurger's picture


Wed, 03/14/2012 - 10:35 | 2254037 jus_lite_reading
jus_lite_reading's picture


iCalifornia iTax iRevenues plunge i22% but the iPonzi is UP UP UP!!!

Wed, 03/14/2012 - 10:44 | 2254102 Wakanda
Wakanda's picture

iMpulse buy!

Wed, 03/14/2012 - 10:49 | 2254124 spiral_eyes
spiral_eyes's picture

But iNnovation, bitches! Apple are iNnovating all the way to a new normal! This time is different! Apple are going to 36,000!

Wed, 03/14/2012 - 10:54 | 2254159 tahoebumsmith
tahoebumsmith's picture


Wed, 03/14/2012 - 11:07 | 2254236 Manthong
Manthong's picture

Recovery is good.

Do they let you keep your iPhone and iPad in Recovery?

Wed, 03/14/2012 - 13:15 | 2254898 wisefool
wisefool's picture

Snarc: Does the tax code let you insider trade? Thanks for being the best politician since Al Haig, Ms. Pelosi.

Wed, 03/14/2012 - 10:55 | 2254167 Thomas Anderson
Thomas Anderson's picture

iAlternative to macbook and ipad... Hackintosh!

Wed, 03/14/2012 - 11:22 | 2254321 Stanwick
Stanwick's picture

iMackintosh is a jacket that iIrish people wear when they go to iMass

Wed, 03/14/2012 - 11:41 | 2254413 SHEEPFUKKER

Siri is a whore. 

Wed, 03/14/2012 - 11:58 | 2254484 Zero Govt
Zero Govt's picture

is that a complaint or a wish list?

Wed, 03/14/2012 - 12:01 | 2254496 Moneyswirth
Moneyswirth's picture

So is Sandra Fluke

Wed, 03/14/2012 - 17:05 | 2255802 VanceEva1
VanceEva1's picture

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 ....

Wed, 03/14/2012 - 10:53 | 2254155 LongSoupLine
LongSoupLine's picture

Understanding of German NOT required...very funny.

Wed, 03/14/2012 - 11:12 | 2254252 Manthong
Manthong's picture

Gotta try that app out.


Wed, 03/14/2012 - 10:53 | 2254156 sunaJ
sunaJ's picture

"Anyone with a pension, family, or hope for the future, leave now."



Wed, 03/14/2012 - 10:22 | 2253958 battle axe
battle axe's picture


Wed, 03/14/2012 - 10:23 | 2253959 Cdad
Cdad's picture

What could go wrong, iBitchez?

Wed, 03/14/2012 - 10:44 | 2254098 HelluvaEngineer
HelluvaEngineer's picture

This time, iTsDifferent.

Wed, 03/14/2012 - 11:16 | 2254282 -1Delta
-1Delta's picture

yes maybe this time Craaple will surpass US national debt in market value <sarc>

Wed, 03/14/2012 - 10:23 | 2253963 All Rise
All Rise's picture

Retail is so last century.

Wed, 03/14/2012 - 10:24 | 2253967 Kingbingo
Kingbingo's picture


Wed, 03/14/2012 - 10:36 | 2254046 Winston Churchill
Winston Churchill's picture

South Sea Bubble.

Wed, 03/14/2012 - 10:47 | 2254114 Spastica Rex
Spastica Rex's picture

iMade that joke yesterday.

Wed, 03/14/2012 - 11:46 | 2254430 Zero Govt
Zero Govt's picture


"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 :)

Wed, 03/14/2012 - 20:42 | 2256378 malek
Wed, 03/14/2012 - 10:24 | 2253968 bugs_
bugs_'s picture

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.

Wed, 03/14/2012 - 11:05 | 2254229 espirit
espirit's picture

...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.

Wed, 03/14/2012 - 11:19 | 2254308 Stanwick
Stanwick's picture

iBlackrock High Yeild Bond fund holds shares. 

Wed, 03/14/2012 - 10:24 | 2253970 dwdollar
dwdollar's picture

Let's see if it can beat both semi and retail combined!!! iSynergy baby!!!

Wed, 03/14/2012 - 10:25 | 2253971 LongSoupLine
LongSoupLine's picture


Confirmation of a "market" that now exceeds the definition of "full retard"

Wed, 03/14/2012 - 10:28 | 2253991 Cognitive Dissonance
Cognitive Dissonance's picture


Wed, 03/14/2012 - 10:50 | 2254131 Schmuck Raker
Schmuck Raker's picture


Wed, 03/14/2012 - 11:20 | 2254311 Stanwick
Stanwick's picture

iYou first

Wed, 03/14/2012 - 11:59 | 2254440 Zero Govt
Zero Govt's picture


you can see Americas socio-economic problems defined nicely in the anti-Apple whingers

Apple is one of the greatest Companies ...Ever

Wed, 03/14/2012 - 12:38 | 2254680 Bay of Pigs
Bay of Pigs's picture

Go Apple! Let's see a trillion.


Wed, 03/14/2012 - 15:38 | 2255481 Zero Govt
Zero Govt's picture


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

Wed, 03/14/2012 - 10:25 | 2253973 firstdivision
firstdivision's picture the AUD$ is falling.  China sure must be too busy manufacturing to import base materials.

Wed, 03/14/2012 - 12:40 | 2254687 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

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.

Wed, 03/14/2012 - 10:25 | 2253974 The Swedish Chef
The Swedish Chef's picture

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.

Wed, 03/14/2012 - 10:32 | 2254022 firstdivision
firstdivision's picture

iMac and MacBook are barely a drop in the bucket of revenue.  Apple's current price depends on iPad and iPhone alone. 

Wed, 03/14/2012 - 10:38 | 2254061 cygnetsong
cygnetsong's picture

Don't forget iPod

Wed, 03/14/2012 - 11:08 | 2254241 espirit
espirit's picture

iDon'tforget iChina.

Wed, 03/14/2012 - 11:50 | 2254443 Zero Govt
Zero Govt's picture

don't forget the iCrap of the iCompetition

Wed, 03/14/2012 - 12:38 | 2254673 Zero Govt
Zero Govt's picture

iJunked by the iCompetition

just slightly bitter and twisted over there in the opposition trenches


Wed, 03/14/2012 - 10:25 | 2253977 All Rise
All Rise's picture





Wed, 03/14/2012 - 11:20 | 2254314 Stanwick
Stanwick's picture


Wed, 03/14/2012 - 10:25 | 2253979 WaEver
WaEver's picture

people managing other people's money are buying....

Wed, 03/14/2012 - 10:25 | 2253980 Cognitive Dissonance
Cognitive Dissonance's picture

It's about freaking time Apple took over the world.

Wed, 03/14/2012 - 10:35 | 2254042 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The Fall of Man:  We lost our guidence and ate the apple; how fitting.

Wed, 03/14/2012 - 10:53 | 2254151 Schmuck Raker
Schmuck Raker's picture

i666, iNWO?

Wed, 03/14/2012 - 10:58 | 2254182 Mr Lennon Hendrix
Mr Lennon Hendrix's picture


Wed, 03/14/2012 - 11:05 | 2254223 Waterfallsparkles
Waterfallsparkles's picture

They may have eaten the aapl but they lost their cherry.

Wed, 03/14/2012 - 10:26 | 2253988 davinci7_gis
davinci7_gis's picture

Time to start shorting apple!

Wed, 03/14/2012 - 10:36 | 2254044 All Rise
All Rise's picture

Not until they release the iPear. I think that will be the first sign that things are starting to go pear shaped!

Wed, 03/14/2012 - 10:27 | 2253989 Comay Mierda
Comay Mierda's picture

cant wait for taxpayer bailout of the iphone

Wed, 03/14/2012 - 10:28 | 2253995 dwdollar
dwdollar's picture

Free iPhone for anyone who can't afford it!

Wed, 03/14/2012 - 10:28 | 2253993 John Law Lives
John Law Lives's picture


Wed, 03/14/2012 - 10:29 | 2254000 bobola
bobola's picture

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..??

Wed, 03/14/2012 - 10:30 | 2254004 CashCowEquity
CashCowEquity's picture

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  (





Wed, 03/14/2012 - 10:36 | 2254045 DavidC
DavidC's picture

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.


Wed, 03/14/2012 - 10:49 | 2254130 CashCowEquity
CashCowEquity's picture

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.

Wed, 03/14/2012 - 10:30 | 2254008 Dr. Engali
Dr. Engali's picture

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.

Wed, 03/14/2012 - 10:48 | 2254121 Spastica Rex
Spastica Rex's picture

iWonder what would happen if there comes a point where there is no greater fool.

Wed, 03/14/2012 - 10:52 | 2254140 Dr. Engali
Dr. Engali's picture

Well it seems that we have the biggest fool in the fed with unlimited money.

Wed, 03/14/2012 - 10:31 | 2254009 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

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.

Wed, 03/14/2012 - 10:37 | 2254054 jus_lite_reading
jus_lite_reading's picture

That is truth! I think Ezekiel was trying to say the world is filled with evil men ready to steal your money.

Wed, 03/14/2012 - 10:49 | 2254125 Spastica Rex
Spastica Rex's picture

You and Billie Holiday.

Wed, 03/14/2012 - 10:58 | 2254179 WonderDawg
WonderDawg's picture

And Samuel L. Jackson. "Say what again, I dare you. I doubledare you, motherfucker."

Wed, 03/14/2012 - 11:26 | 2254349 johnQpublic
johnQpublic's picture

when you absolutely positively have to bankrupt every motherfucker in the room

Wed, 03/14/2012 - 11:25 | 2254344 johnQpublic
johnQpublic's picture

inequities, equities, same difference

Wed, 03/14/2012 - 10:31 | 2254010 I am a Man I am...
I am a Man I am Forty's picture

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.  

Wed, 03/14/2012 - 10:33 | 2254031 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

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.

Wed, 03/14/2012 - 10:44 | 2254097 Piranhanoia
Piranhanoia's picture

You always argue and you rarely think.  You have your formula.

Wed, 03/14/2012 - 11:12 | 2254265 espirit
espirit's picture



Wed, 03/14/2012 - 10:35 | 2254043 dwdollar
dwdollar's picture

I have just one question. How much fucking bigger do you expect it to get?

Wed, 03/14/2012 - 11:24 | 2254333 I am a Man I am...
I am a Man I am Forty's picture

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.

Wed, 03/14/2012 - 10:49 | 2254129 gdgenius
gdgenius's picture

Ah yes, the "slap a random multiple on earnings estimates" valuation approach. Investing is easy!

Wed, 03/14/2012 - 11:26 | 2254346 I am a Man I am...
I am a Man I am Forty's picture

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.

Wed, 03/14/2012 - 11:55 | 2254470 manhunter
manhunter's picture

You seem nervous. Were you heavy in QCOM about 12 years ago?

Wed, 03/14/2012 - 12:07 | 2254530 I am a Man I am...
I am a Man I am Forty's picture

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.

Wed, 03/14/2012 - 11:56 | 2254472 crawldaddy
crawldaddy's picture

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...

Wed, 03/14/2012 - 12:02 | 2254503 I am a Man I am...
I am a Man I am Forty's picture

in 2004 you could have bought apple for 12 bucks, a fool and his money indeed

Wed, 03/14/2012 - 12:44 | 2254708 Bay of Pigs
Bay of Pigs's picture

Is that you Robo?

Wed, 03/14/2012 - 12:10 | 2254544 gdgenius
gdgenius's picture

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...

Wed, 03/14/2012 - 11:09 | 2254249 Waterfallsparkles
Waterfallsparkles's picture

I am a Man,

Looks like you also drink Kool Aid.

Wed, 03/14/2012 - 11:28 | 2254353 I am a Man I am...
I am a Man I am Forty's picture

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?

Wed, 03/14/2012 - 10:31 | 2254013 TPTB
TPTB's picture

"I'd like an ipad type of tablet, but I'm looking to spend less than 60 dollars... Do you have anything like this?"

Wed, 03/14/2012 - 12:01 | 2254127 TPTB
TPTB's picture

"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."

Wed, 03/14/2012 - 10:51 | 2254144 alien-IQ
alien-IQ's picture

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.

Wed, 03/14/2012 - 11:16 | 2254285 espirit
espirit's picture

Ow, ow, ow.

Too hard to think on my own, iThink.

Wed, 03/14/2012 - 10:31 | 2254014 CvlDobd
CvlDobd's picture

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.

Wed, 03/14/2012 - 10:38 | 2254058 GMadScientist
GMadScientist's picture

'zactly...time to lighten up and do some knife catching.

Wed, 03/14/2012 - 10:45 | 2254105 CvlDobd
CvlDobd's picture

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.

Wed, 03/14/2012 - 11:19 | 2254305 Vince Clortho
Vince Clortho's picture

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.

Wed, 03/14/2012 - 10:34 | 2254034 scatterbrains
scatterbrains's picture

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.


Wed, 03/14/2012 - 10:35 | 2254038 ZackAttack
ZackAttack's picture

Now, all that's left is for it to be added to the Dow.


Wed, 03/14/2012 - 12:43 | 2254705 NOTfromSanFrancisco
NOTfromSanFrancisco's picture



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???...

Wed, 03/14/2012 - 14:20 | 2255168 NotApplicable
NotApplicable's picture

You're confusing exchanges and indexes.

Wed, 03/14/2012 - 10:36 | 2254040 kahunabear
kahunabear's picture

I am always way early on calling bubbles, so we must be in the early innings here. AAPL 1500 here we come.

Wed, 03/14/2012 - 10:37 | 2254051 GMadScientist
GMadScientist's picture

Siri is a shitty Teddy Ruxpin impersonator.

Wed, 03/14/2012 - 11:50 | 2254448 TPTB
TPTB's picture

People fail to remember that in 1984 Teddy Ruxpin was also larger than the entire retail sector.

Wed, 03/14/2012 - 10:37 | 2254052 walidsassia
walidsassia's picture

iBuy AAPL- iSell Gold the New iRule in the Market of the-i- 

Wed, 03/14/2012 - 10:42 | 2254086 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Freud approves of this message.

Wed, 03/14/2012 - 10:37 | 2254053 DavidC
DavidC's picture

I think it's telling that Apple didn't name the new iPad iPad3.


Wed, 03/14/2012 - 10:39 | 2254067 GMadScientist
GMadScientist's picture

Will they call the iPad4 the "Newer iPad"?

Wed, 03/14/2012 - 10:44 | 2254095 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Operation iPad

Wed, 03/14/2012 - 10:46 | 2254109 Wakanda
Wakanda's picture

iKnew iPad

Wed, 03/14/2012 - 10:38 | 2254060 blu
blu's picture

And in celebration of this unvarnished victory for central planning, Bernanke will now buy every man, woman and child in the country an iPad.

Wed, 03/14/2012 - 10:38 | 2254063 junkyardjack
junkyardjack's picture

Sounds like its more the fault of the rest of retail sector sucking ass 

Wed, 03/14/2012 - 10:40 | 2254073 GMadScientist
GMadScientist's picture

Did you even look at the graph?

Wed, 03/14/2012 - 10:50 | 2254133 Spastica Rex
Spastica Rex's picture

Check his avatar.

Wed, 03/14/2012 - 10:39 | 2254066 All Rise
All Rise's picture

iAlgo download now from the app store. For all your Apple trading needs.

Wed, 03/14/2012 - 10:40 | 2254072 dvsteenk
dvsteenk's picture

I guess they should thank Bank of Israel

Wed, 03/14/2012 - 10:51 | 2254137 Spastica Rex
Spastica Rex's picture


Wed, 03/14/2012 - 11:19 | 2254307 espirit
espirit's picture

iGo global.  iIMF.

Wed, 03/14/2012 - 10:41 | 2254077 Etiolated Esthete
Etiolated Esthete's picture

A drug in tablet form helps make Apple worth a third of S&P pharmaceuticals...

Wed, 03/14/2012 - 10:47 | 2254117 Piranhanoia
Piranhanoia's picture

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.   

Wed, 03/14/2012 - 10:42 | 2254081 j0nx
j0nx's picture

Slave labor! Slave labor! Fuck yeah! Mush the Chinese plant manager screams to the workers. Mush bitches! Wah tish (whip sound)!

Wed, 03/14/2012 - 10:51 | 2254145 Carbon Skidmark
Carbon Skidmark's picture


Wed, 03/14/2012 - 10:44 | 2254101 Jason T
Jason T's picture

yet money is flowing OUT of APPL today ???

Wed, 03/14/2012 - 11:00 | 2254194 Wakanda
Wed, 03/14/2012 - 11:05 | 2254230 Benjamin Glutton
Benjamin Glutton's picture


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.

Wed, 03/14/2012 - 11:31 | 2254367 SimpleandConfused
SimpleandConfused's picture

And worth every penny.

Don't lose out on the next $500/sh.  Buy now!

Wed, 03/14/2012 - 11:33 | 2254375 theorist
theorist's picture

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.

Wed, 03/14/2012 - 12:02 | 2254502 crawldaddy
crawldaddy's picture

Steve Jobs he left 5 years worth of innovations for the future


but an idea without someone to continue to pamper, tweak, steady, and guide those ideas makes the idea worthless. Jobs left once before, Apple fell apart, he came back, apple came back,  he aint coming back again.

Wed, 03/14/2012 - 12:10 | 2254542 I am a Man I am...
I am a Man I am Forty's picture

so many people were saying this in 2009, 2010, and 2011 and the numbers are better than ever

Wed, 03/14/2012 - 11:35 | 2254385 jover
jover's picture

Soon AAPL will join the iBailout fund and bailout the world. Next product, iCongress

Wed, 03/14/2012 - 11:41 | 2254414 toros
toros's picture


Wed, 03/14/2012 - 11:52 | 2254456 djsmps
djsmps's picture

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.

Wed, 03/14/2012 - 11:59 | 2254487 crawldaddy
crawldaddy's picture

How did apple fare the last time Jobs left?

Wed, 03/14/2012 - 12:03 | 2254509 SRVDisciple
SRVDisciple's picture

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!

Wed, 03/14/2012 - 12:03 | 2254513 Moneyswirth
Moneyswirth's picture


Wed, 03/14/2012 - 12:08 | 2254534 Big Picture
Big Picture's picture
Don't sit under the apple tree with anyone else but Steve Anyone else but Steve, anyone else but Steve, no, no, no Don't sit under the apple tree with anyone else but Steve 'Til Steve comes podin' home Don't go typin' down Tablet Lane with anyone else but Steve Anyone else but Steve, anyone else but Steve, no, no, no Don't go typin' down Tablet' Lane with anyone else but Steve 'Til Steve comes podin' home I just got word from a guy who heard From the guy next door to Steve The pad he made just loves to soar And it fits all to a T So, don't sit under the apple tree with anyone else but Steve 'Til Steve comes podin' home Don't give out with those tips of yours to any tablet but Steve's Any tablet but Steve's, any tablet but Steves, no, no, no Watch those girls on foreign shores, they'll jump from the balcony When you come podin' home Don't hold others on your knee, you better be true to Steve You better be true to Steve, you better be true to Steve Don't hold others on your knee, you're gettin' the third degree When you come podin' home You're on your own where there is no phone And Steve can't keep tabs on you Be fair to Steve, I'll guarantee There is one thing that he'll not do He won't sit under the apple tree with anyone else again 'Though you come podin' home Don't sit under the apple tree with anyone else but Steve I know the apple tree is reserved for you and me And I'll be true 'til a thousand or two
Wed, 03/14/2012 - 12:28 | 2254631 NOTfromSanFrancisco
NOTfromSanFrancisco's picture



I is kind,

I is smart,

I is important,

I is Amazed at what Apple has accomplished...

Wed, 03/14/2012 - 12:37 | 2254670 Dr. Kananga
Dr. Kananga's picture

Looks like CBS is learning where to find reliable financial news sources:

Wed, 03/14/2012 - 12:47 | 2254676 NOTfromSanFrancisco
NOTfromSanFrancisco's picture



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???

Wed, 03/14/2012 - 12:56 | 2254787 dwilso39
dwilso39's picture
  • iWhatrecession?
Wed, 03/14/2012 - 13:23 | 2254951 rubearish10
rubearish10's picture

AAPL safer than US TSY's?? YES? There's the trade now or one helluva short squeeze!

Wed, 03/14/2012 - 13:25 | 2254966 Brindle702
Brindle702's picture


Wed, 03/14/2012 - 13:44 | 2255045 Miffed Microbio...
Miffed Microbiologist's picture

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.

Wed, 03/14/2012 - 13:49 | 2255067 Squid Vicious
Squid Vicious's picture

iWish iHad sold at $594...

Wed, 03/14/2012 - 14:01 | 2255109 rubearish10
rubearish10's picture

Perhaps this is Apple's "blow-off" moment! Just perhaps,,,,,,

Wed, 03/14/2012 - 14:01 | 2255112 Hooter Shaker
Hooter Shaker's picture

iSell, bitchez!

Wed, 03/14/2012 - 14:06 | 2255126 rlouis
rlouis's picture

iFed happy, iBen happy iBarry happy

Wed, 03/14/2012 - 15:00 | 2255310 adr
adr's picture

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.

Wed, 03/14/2012 - 21:59 | 2256528 DaylightWastingTime
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