Heads up - FB, APPL, AMZN, GOOGL - Earnings Thursday
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If you type that number one more time, we're going to pelt you with rotten apples.
Come on. I have to. It needs to be known that this could be a record breaker for the wallstreet books. No one else is talking about it so might as well repeat it.....
Law of large numbers.....remember that.
Apple rode the company’s strong earnings report to become the world’s most valuable publicly traded company, surpassing the state oil giant Saudi Aramco at Friday’s market close.
Apple shares closed up 10.47% Friday, giving it a market valuation of $1.84 trillion. Saudi Aramco, which had been the most valuable publicly listed company since its market debut last year, now trails at $1.76 trillion as of its last close
Records occur every decade. Large numbers get larger when the worldwide market isn't saturated yet and emerging markets get new found spending power they never had even 20 years ago. I know, it's all too much for you to comprehend. Go have a sandwich.
For fun, we should go over all the times you wrote them off on this site. I distinctly remember you mocking Buffett for buying shares between $90 and $170.
So here is a fun fact that you will probably not believe
But I have only owned 1 single apple.product in my entire life. Yes. It was the second generation iphone I believe in 2008. Had it for 2 or 3 years. I actually received it as a gift so I don't think anytime in the last decade have I ever contributed a single penny to apple. Maybe through an app or two back when I had the phone. If Apple relied on a consumer like me they would be bankrupt today
My tablet is a Samsung i got probably 5 or 6 years ago and I rarely use a computer these days.
A sandwich for a Friday afternoon, indeed I will. Which shall it be?
Any recommendations???