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BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion - Business (4) - Nairaland

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Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by HajimeSaito(m): 10:06am On Aug 03, 2018
dboyoji:

Apple is Public Company (PLC) and not a Private Company (LTD)


Apple is a publicly owned company meaning that its shares are publicly available on the market. "Public" does not mean government owned.

If a private company has Apple as an investor, they do not have to disclose information like a public company. Apple has to disclose what they know, but private companies can enter private arrangements with investors.

2 Likes

Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by meobizy(f): 10:07am On Aug 03, 2018
Ugosample:


yea


sometimes I wonder why God made me black


But God does not make mistake so I accept it


Too much foolishness, hate, bile, ignorance and shortsighted fools in one ethnicity


All ethnicities have their "deplorable" but in the case of black folks, the deplorable far outnumber the sensible And this cuts across the socio economic strata of the society


Apart from the dangote group, MTN and a few others, i don't see any company amongst us that will outlive its founders.


undecided
This is true. I doubt the Dangote group will outlive its founder. There's something about Africans, only a few of us care to teach others our way of making money. I don't know why.

I'm surprised this legacy thing didn't start today regarding white people. Till today nairalanders keep cursing Frederick Lugard without knowing he secured his name in history books even far back in the early 1900s -- not only here but also in the then colonized India.

2 Likes

Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Futurecrown(m): 10:10am On Aug 03, 2018
post=69941468:
#RESPECT

It's no news that Apple has reached $1 trillion market value, making it the first US company to achieve this feat. To help you understand what this means, here are some sets of combinations of large companies you need to combine to make one Apple.

Set 1
1. ExxonMobil - $344.1
2. Chevron - $248.1
3. Samsung Electronics - $325.9
4. Total S.A - $168

Set 2
1. Procter & Gamble - $184.5
2. BP - $152.6
3. Unilever - $155.8
4. Coca-Cola - $179.3
5. Bank of China - $158.6
6. McDonald's - $129.9

Set 3
1. IBM - $132.3
2. General Electric - $126.8
3. Philip Morris International - $126.2
4. Bank of America - $313.5
5. Walmart - $246.2

Set 4
1. Amazon.com - $777.8
2. Toyota Motor - $200.7

Set 5
1. 3M - $121.8
2. British American Tobacco - $120
3. Adobe Systems - $119.1
4. Royal Bank of Canada - $113.4
5. Siemens - $112.5
6. China Merchants Bank - $112.4
7. AIA Group - $111.4
8. Nike - $110.3
9. Honeywell International - $110.1


We don't know how many companies in Nigeria we can put together to arrive at that amount.
We won't want to grow old here typing that.
Even 100 Dangote Group of Companies no reach!
Okay bye!
Oga edit that General Electric, GE is more than $300billion
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by johnmattew: 10:12am On Aug 03, 2018
Ugosample:



I am not disputing you o


All im saying is that these companies should divest into other ventures. that will reduce their exposure to heavy blows IF what you are saying eventually happens
that's what m saying...they have ,but they aren't progressing at all.google have made efforts in completing with Microsoft in enterprise and business,but they failed.they launched Google,cloud, Chromebook and Gsuite to tackle microsoft.yet they failed to penetrate due to lack of trust and poor softwares.

look at the way Microsoft and Amazon are expanding at the speed off light.

1 Like

Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by victorazyvictor(m): 10:32am On Aug 03, 2018
Can someone plz convert this to Naira grin
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by victorazyvictor(m): 10:34am On Aug 03, 2018
Ugosample:



I am not disputing you o


All im saying is that these companies should divest into other ventures. that will reduce their exposure to heavy blows IF what you are saying eventually happens

They always have.
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Ugosample(m): 10:42am On Aug 03, 2018
victorazyvictor:

They always have.
what then seems to be the problem?
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by kiddapunk: 10:43am On Aug 03, 2018
for starters, your stats are wrong coz Walmart is worth over 400billion dollars. secondly Apple's 1trillion dollars is not evaluated from market share or revenue accumulated. this is merely stock market appreciation and valuation... Apple being valued at 1 trillion dollars doesn't make them richer than Exxon Mobil coz these companies are very rich in assets, finance and market shares. Don't mistake these things
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by djon78(m): 11:14am On Aug 03, 2018
meobizy:

This is true. I doubt the Dangote group will outlive its founder. There's something about Africans, only a few of us care to teach others our way of making money. I don't know why.

I'm surprised this legacy thing didn't start today regarding white people. Till today nairalanders keep cursing Frederick Lugard without knowing he secured his name in history books even far back in the early 1900s -- not only here but also in the then colonized India.


It is because of foundation problem. Most times the foundation of building the companies here is enshrined on wickedness. No justice, fairness and equality. And the truth is that anything you build without those good qualities will never last. No way it will last.

So the wisdom here is that whatever we are building be it company, country, marriage, let us build wisely with honesty, integrity, justice, equity etc. If we build right, it will definitely out live us. Many human being deceive themselves thinking that man will live forever, not at all. Man is very mortal. So build wisely.

1 Like

Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Nobody: 11:30am On Aug 03, 2018
yazzman:
how much is that in naira? anyone that got the answer i will be rewarded with airtime.
360 trillion naira . wey my card
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Ugosample(m): 11:43am On Aug 03, 2018
meobizy:

This is true. I doubt the Dangote group will outlive its founder. There's something about Africans, only a few of us care to teach others our way of making money. I don't know why.

I'm surprised this legacy thing didn't start today regarding white people. Till today nairalanders keep cursing Frederick Lugard without knowing he secured his name in history books even far back in the early 1900s -- not only here but also in the then colonized India.

dangote group WILL outlive its founder


that is for sure

their philosophy and business strategy will make sure of that
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Ugosample(m): 11:45am On Aug 03, 2018
djon78:



It is because of foundation problem. Most times the foundation of building the companies here is enshrined on wickedness. No justice, fairness and equality. And the truth is that anything you build without those good qualities will never last. No way it will last.

So the wisdom here is that whatever we are building be it company, country, marriage, let us build wisely with honesty, integrity, justice, equity etc. If we build right, it will definitely out live us. Many human being deceive themselves thinking that man will live forever, not at all. Man is very mortal. So build wisely.












dangote group will live for long


can't say same for most businesses in Nigeria tho
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by djon78(m): 12:44pm On Aug 03, 2018
Ugosample:



dangote group will live for long


can't say same for most businesses in Nigeria tho

I can't say so, he should just ensure he is building with right foundation. If he does so, his company will outlive him but if not, natural laws will take its course. It's just the way it is.
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Ugosample(m): 12:52pm On Aug 03, 2018
djon78:


I can't say so, he should just ensure he is building with right foundation. If he does so, his company will outlive him but if not, natural laws will take its course. It's just the way it is.




The foundation is solid

I can bet on that


His business model is dynamic too
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by best827(m): 1:31pm On Aug 03, 2018
johnmattew:
set 4 is wrong...Amazon is very close to apple..it's net worth is $900bn
Sure?
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Nobody: 1:43pm On Aug 03, 2018
Gerrard59:


Capitalism is bae.

Democratic socialism is the best. Everyone is good with it but few are great with capitalism!!
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Nobody: 1:45pm On Aug 03, 2018
ollah2:



Dont mind those olodos. They act like they know yet they are brainless

Private in apples context means it's not fully or partly owned by the Government! It's owned by individuals!!!!
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by ponziponzi(m): 2:09pm On Aug 03, 2018
Futurecrown:
Oga edit that General Electric, GE is more than $300billion

You are wrong, check your facts
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by dangoteinlaw: 2:09pm On Aug 03, 2018
HajimeSaito:


Christians do not worship whatever it is that MUDslimes worship. We don't bow down five times a day to a black stone in a pagan city and our definition of heaven is different from the MUDslime idea of a sexual orgy paradise.
and lastly Christians only eat goats...

Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by dangoteinlaw: 2:12pm On Aug 03, 2018
lonelydora:


Wow. Never knew Toyota is this rich
that's like saying u never knew snakes can bite
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by dangoteinlaw: 2:17pm On Aug 03, 2018
Vicrotica:
How come IOS keeps dropping in customer preferences compared to Android
let's be realistic the reason anyone would pick an android over iOS is cost related.Big boiz use Snapchat, others hang around Instagram
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by EmeraldKing7(m): 2:19pm On Aug 03, 2018
yazzman:
how much is that in naira? anyone that got the answer i will be rewarded with airtime.
360 trillion naira
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Gerrard59(m): 2:49pm On Aug 03, 2018
Futurecrown:
Oga edit that General Electric, GE is more than $300billion

False.

https://ycharts.com/companies/GE/market_cap

Who dash GE $300 billion?

Arondizuogu:


Democratic socialism is the best. Everyone is good with it but few are great with capitalism!!

Capitalism has proved to be the ONLY economic system that aligns with humans and their behaviour. Humans are generally greedy, capitalism creates the room for that greed to be used properly, with the right regulations.

1 Like

Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by ollah2: 3:20pm On Aug 03, 2018
Arondizuogu:


Private in apples context means it's not fully or partly owned by the Government! It's owned by individuals!!!!

Apple is called public company anywhere. Pls use Google for better purposes
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by ollah2: 3:23pm On Aug 03, 2018
dangoteinlaw:
let's be realistic the reason anyone would pick an android over iOS is cost related.Big boiz use Snapchat, others hang around Instagram


There's something called choice. So many iPhone users bought their phones as used, I have always bought my high end phone brand new when it debuts. There are so many like me. So it's your opinion..
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by johnmattew: 5:11pm On Aug 03, 2018
best827:
Sure?
Google is Ur friend
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Kingspin(m): 5:34pm On Aug 03, 2018
ollah2:
[b]This is magnificent feat nonetheless. Steve Wozniak would have had crazy worth if he didn't sell his shares in the early 90s and Steve Jobs would have been the richest man on earth if he was still alive.

Microsoft(Bill Gates) could be in a corner wondering, what if I didn't help Apple with my money when it almost folded up. 

Some Apple fans/users will use this as bragging rights despite not having any shares with the company. 

Kudos to Apple but they need to be innovative again after years of playing catch up to the competition. Amazon should be next, this is the effect of capitalist system and evasion of tax. The rich gets richer 

P.S Petrochina did hit one trillion dollars first and that was over a decade ago.

P.S.S The poster above me, you really don't need that bigotry signature. God isn't religious and heaven isnt made for Christians alone. There's more to life than practicing either of these foreign religions, live and let's live.

Wow!! It's a very funny thing Muslims are terrorists and Islam promotes terrorism when a Muslims commits it but same logic can't be used when it involves Christians. Here are some Christian terrorists that killed for Christianity; Darren Osbourne, Timmy kinner, Oscar morel, Alexandre Bissonnette, Timothy McVeigh, et al. Until you know that terrorism, crime et al has no religion, you begin to take humanity first.. You also need to know religion is a divisive tool, it promotes division. You are already broken and you should fix yourself

Remember, humanity first.


[/b]
Apple is now a trillion dollar business not one useless religion that cannot produce anything for the world.
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Nobody: 5:34pm On Aug 03, 2018
ollah2:


Apple is called public company anywhere. Pls use Google for better purposes

Oga I know apple is a Public company, if you can't understand a simple comprehension then I'm not having a conversation with you. Didn't the News say "private" up there? Don't they know it's a publicly traded company!!!
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by ollah2: 5:39pm On Aug 03, 2018
Arondizuogu:


Oga I know apple is a Public company, if you can't understand a simple comprehension then I'm not having a conversation with you. Didn't the News say "private" up there? Don't they know it's a publicly traded company!!!


Which news? It's you that needs a better comprehension. A blogger writes nonsense and you hold it as sacrosanct.
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by ollah2: 5:42pm On Aug 03, 2018
Kingspin:
Apple is now a trillion dollar business not one useless religion that cannot produce anything for the world.


The way and manner you guys take religion. The way and manner you guys hate Muslims and Islam. I wonder.
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by Kingspin(m): 6:01pm On Aug 03, 2018
ollah2:



The way and manner you guys take religion. The way and manner you guys hate Muslims and Islam. I wonder.
Did you saw Islam there? For truth, nobody hates Islam people just don't wanna die. You self-guilty?
Re: BREAKING: Apple Becomes 1st Private Company Worth $1 Trillion by ollah2: 6:31pm On Aug 03, 2018
Kingspin:
Did you saw Islam there? You self-guilty?


I don't need to as it before i know. Its the Christians that are hate filled and attack everything not Christianity and Islam specially. Muslims barely do that

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