Apple's net worth SHOCKING data

[swarm]

Now Worth More Than Several Countries

articles.latimes.com/2011/jul/29/business/la-fi-apple-cash-20110730Apple

Instead of the government giving bailouts, maybe the debt-stricken government should be looking towards Apple for a bailout of their own.

The technology giant is now worth more than several countries, including Poland, Sweden and Saudi Arabia.

Fresh off the buzz of the iPad 3, Apple's stock propelled to new heights, reaching $500 billion. This puts the company in exclusive territory: only Microsoft, ExxonMobil, Cisco and General Electric have ever surpassed that mark.

If you want to buy in, it won't be cheap; stocks are going for about $539 a share.

And the hipsters storming Wallstreet with their iphones and ipods wonder why no one takes them seriously lol Is Apple "greedy big business" guys? I'll wait while you look up the answer on your apple product.

[jmello]

I actually don't own anything Apple. Although the girlfriend does have an iPod. I doubt they're any greedier than any other company, at least their making people pay money for something with a standard price, unlike oil or utilities.

[swarm]

Mar 1, 2012 9:28:19 GMT -5 jmello said:

I actually don't own anything Apple. Although the girlfriend does have an iPod. I doubt they're any greedier than any other company, at least their making people pay money for something with a standard price, unlike oil or utilities.

I have all their shit. Ipads, multiple ipods, even was forced to break my spirit and get an iphone for work (although now I feel like a Blackberry may have worked just as good or not better for email/work purposes). But I'm also not protesting big business. In short, I have a working theory that there really is no such thing as a fully left Democrat anymore. It's a myth. You can't own all this shit and support a capitalistic co. worth more than several countries, and call yourself hard left and storm big business. They call that hypocrisy. What's the old saying? Practice what you preach.

[LWPD]

Mar 1, 2012 8:39:58 GMT -5 Swarm said:

The technology giant is now worth more than several countries, including Poland, Sweden and Saudi Arabia.

Fresh off the buzz of the iPad 3, Apple's stock propelled to new heights, reaching $500 billion. This puts the company in exclusive territory: only Microsoft, ExxonMobil, Cisco and General Electric have ever surpassed that mark.

If you want to buy in, it won't be cheap; stocks are going for about $539 a share.

Apple is a phenomenal stock with the potential to run well north of current levels over the long term. It will be interesting to see if they can match MSFT at their absolute peak...$642 billion back in September of 2000. Bill Gates had the benefit of a tech bubble, AAPL may need QE3 to power that type of rise.