Apple Sets Record for Company Value at $623 Billion: Is Apple the Greatest Company of All Time?

by Heisenberg Posted 2012/08/20 21:00:00

Related Topics: Apple, Tech, Stocks, Apple Stocks, iPhone, iPad

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	Yes	145 votes	37%
	No	251 votes	63%

ASSOCIATE PRESS reports:Apple is Wall Street's all-time MVP -that's Most Valuable Property. On Monday, Apple's surging stock propelled the company's value to $623 billion, the world's highest, ever. It beat the record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom.

+12

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biggerman 2012/08/20 22:25:26 (edited)

No

+11
It is one of the most hypocritical companies of all time. It is a company run by a bunch of liberals but yet those liberals are as guilty of outsourcing jobs and having their equipment made in China as any company out there. They are part of the mythical and infamous 1% that is supposedly hated by all of the Occupy Wall Street types while many of those same people use Apple products to organize and coordinate their protests. (Note; No one ever protested at Apple Headquarters.) Apple makes great products and is very successful but, in my opininon, it has some glaring negatives and certainly has not brought $623 billion worth of benefit to our country.
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More polls by Heisenberg

~HopelessRomanticM17~ 2012/08/21 03:40:03

No

No

But they may be the most overrated company of all time

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Al B Thayer 2012/08/21 03:31:04

No

I play this Sodahead game with an iPad. Sometimes it's a pain in the butt. No flash. That sucks. Hate the keypad.

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Adakin Valorem 2012/08/21 03:07:42

No

Art, please don't confuse "value" with "greatness". The value of a tech company is their ability to live up to their anticipated "next creation". Back in the days when MSFT held that title, Gate's firm used to provide the anticipation of "what's next" as everyone expected the firm to out do its previous accomplishments.

Given the very limited universe of choices available that can provide us any hope or 'anticipation' if innovative gadgets in the way Apple does, the market has determined that Apple still remains the innovator de-jur...there by gleening the most capital chasing after the finite number of shares that can offer such anticipation.

With the passing of Steve Jobs, there are many that have questioned if Apple can maintain that momentum over the long haul and retain their ability hold their leadership position for innovation and development.

But then, I do find it amazing to think that on the day Founder and CEO Steve Jobs died (October 5th 2011), the company was trading at $378. It’s been climbing ever since and is showing no signs of slowing down any time soon. It closed today at $665 after gaining 2.6% ($17/sh). But looking out a year and half... the January 2014 Call with a strike of 960, gained 24% today, closing at $21.15(bid), $21.50(ask) so it appears that there are those in the market that belive that Apple could still go from todays $665 to over $960 over the next 18 months.

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CAPISCE 2012/08/21 02:49:39

No

+1
Screw Apple

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angel face 2012/08/21 02:47:41

No

The best phones I've ever had were Samsungs and LGs. Ive had apple and it still wasnt as great. Mine can hold more than an Apple so I'm great

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TheBigO 2012/08/21 02:25:23

Yes

I happen to own a few Apple products, an iPhone, iPad and Macbook Pro. I love them all. I understand those out there who are not fans of the product, but even those people have to admit the company creates magic. Can the keep it up? Who knows? But right now, pound for pound, and argument can be made that Apple is the greatest company of all time, and definitely the greatest tech company of all time. RIP Steve Jobs!

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caius m... to TheBigO 2012/08/21 08:17:09

You litterally need only Google the side by side test of competitor's products to see that all that "magic" is litterally ease of use at a cost of basically everything else the competitors excell at, like ram and storage and hard drives that look like toys when compared to even a very cheap, entry level Walmart sold Toshiba laptop versus a twice as expensive, unforgivably outclassed, entry level MacBook. You fanboys and girls need to stop wasting your money just trying to look cool at the local Starbucks playing Angry Birds on your iPads and get an Alienware anything. Then, immediately bow down before it's might and give those toys to who is supposed to be playing with toys, a little kid. That's what I see when I see an Apple user, a little, uneducated, worried about the status of owning something that's expensive at a sacrifice to litterally everything that would make it good beside mentally disabled proof interface, kid. Grow up, and spend the cash on something like a new middle/top tier Compaq Presario and then, performance wise, you can skip the next 4 iPads. Oh, in my sometimes humble opinion, Android is showing much more impressive breakthroughs with text, voice command, come with Google Maps, the list goes on in so many ways as to how much better litterally any same gen...

You litterally need only Google the side by side test of competitor's products to see that all that "magic" is litterally ease of use at a cost of basically everything else the competitors excell at, like ram and storage and hard drives that look like toys when compared to even a very cheap, entry level Walmart sold Toshiba laptop versus a twice as expensive, unforgivably outclassed, entry level MacBook. You fanboys and girls need to stop wasting your money just trying to look cool at the local Starbucks playing Angry Birds on your iPads and get an Alienware anything. Then, immediately bow down before it's might and give those toys to who is supposed to be playing with toys, a little kid. That's what I see when I see an Apple user, a little, uneducated, worried about the status of owning something that's expensive at a sacrifice to litterally everything that would make it good beside mentally disabled proof interface, kid. Grow up, and spend the cash on something like a new middle/top tier Compaq Presario and then, performance wise, you can skip the next 4 iPads. Oh, in my sometimes humble opinion, Android is showing much more impressive breakthroughs with text, voice command, come with Google Maps, the list goes on in so many ways as to how much better litterally any same generation Android is to any like generationed iPhone. Oh, and you are never hindered by only being allowed built in data storage space, you can use ridiculously large SD cards in all Androids to comparitively dwarf the max storage of most iPhones. Sorry if this seems like a personal attack, as it is meant more like a word of advice from a respectable senior, but defending Apple cannot be easily maintained in the magic department based solely on ease of use, the only thing any of their products really have going for them, when everything else out there pretty well has become just as simple to use on top of clearly out powering the Apple line up in most cases.
(more)

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the judgebigdogeagle 2012/08/21 01:31:30

No

+2
I go with Ford. The Model T started all

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L1 2012/08/21 01:27:45

No

CNN said so, but that's at this moment. Who knows what it will be in the future?

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Wulfdane 2012/08/21 01:24:54 (edited)

No

+1
Seeing how nearly every single one of their products is manufactured and assembled in China, I would say Apple is one of the worst companies of all time.

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..::loc... to Wulfdane 2012/08/21 02:03:56 (edited)

I'm guessing your typing that on an American made computer? haha...your the best.

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Wulfdane to ..::loc... 2012/08/21 02:30:28 (edited)

+2
Why yes actually, my UBP UB8202P laptop was completly assembled right here in the USA.

I actually care about American jobs and buy American whenver possible.

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..::loc... to Wulfdane 2012/08/21 13:36:50 (edited)

all american parts??...hmmm that's a first considering 90% of computer products are made in China. You have one lucky find there.

Also...what is a UBP UB8202P? In the 20 years I've been messing/building computers I have no idea what that is. It doesn't even make a blip in the search engine world.

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Wulfdane to ..::loc... 2012/08/21 16:14:56 (edited)

American parts?

Seriously, are you a moron? Are you another victim of our failing schools, a fool who was handed a diploma without actually ever learning anything?

If you have a disability in reading comprehension, find someone to help you.

Until then don't waste my time with your gutter education, I don't have the time for stupid.

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..::loc... to Wulfdane 2012/08/21 16:55:22 (edited)

Thanks for proving the point....assembled with parts made in China. Totally American made. Sorry my man...you can't take a bunch of parts from China and put them together in the US and call it an American "made" product.

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POWERSHAKER 2012/08/21 01:13:17

Yes

Yep. Apple's going to win the patent battle against Google, and Apple's the greatest company of all time. It's remarkable what Steve Jobs did with Apple after he returned, and I think Tim Cook will keep the ball rolling. I look forward to seeing more great Apple products. I love my iPhone and Macbook Pro. :)

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PoliticalSanity 2012/08/21 00:48:57

No

Too soon to tell. The proof will be in the company continuing to prosper without Steve Jobs.

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mae 2012/08/21 00:46:14

No

+2
Microsoft.

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Man_Bear_Pig 2012/08/21 00:44:44

No

I don't really know. But, these Apple vs. Microsoft arguments need to stop. No one is going to change anyone's mind on which product that they prefer by making childish insults.

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exsecrare to Man_Bea... 2012/08/21 02:15:33

Linux is better anyway.

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Man_Bea... to exsecrare 2012/08/21 04:19:08

It's better for your uses maybe. No computer or operating system is going to be for everybody. Haven't used Linux in years but it definitely wasn't for me.

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caius m... to Man_Bea... 2012/08/21 08:25:47

Still, to this day, the original format most people learned to use was Microsoft and their Office an Windows OS's. That is debatable simply because of Microsoft's dominance over everything computer for as long as they held it. Jobs was the miracle Apple needed, but there litterally was no PC until Microsoft as they coined the very term PC. Give the credit and respect where it IS due. You remember the Macintosh? No contest versus wave one PC. Absolute, and total, domination.

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Man_Bea... to caius m... 2012/08/21 10:59:57

I really don't care about giving companies "credit," for any product I use. It's just a piece of merchandise that depreciates in value and will eventually end up in the trash. It's meaningless.

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LHL 2012/08/21 00:29:30

No

It's up there though.

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poet4justice 2012/08/21 00:13:04

Yes

but

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Marshal Artz 2012/08/20 23:56:53

No

I don't consider a company that creates most of their jobs in China great at all. China may think so.

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chamchamgal 2012/08/20 23:55:51

No

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zbacku 2012/08/20 23:51:27 (edited)

No

Many do not realize that the basis for both Apple and Microsoft was what Xerox created.

Thus, Xerox could be considered the most inept of all time.

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naarcissus to zbacku 2012/08/21 02:40:53

Near as I can tell, you mean Xerox. Zenith invented things like the first wireless remote controls and high-contrast picture tubes (which admittedly is important for GUI based computing).

Xerox invented the mouse and GUI windowing system used in the Xerox Alto in 1973. Which Jobs promptly ripped off of (legally) after negotiating a visitation to their facility.

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zbacku to naarcissus 2012/08/21 03:30:23

Oops, you are correct. Got my American companies mixed up. Thanks.

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zbacku to naarcissus 2012/08/21 03:35:57

+1
Zenith was the one that had a TV that could handle Analog AND HD TV without the need for a converter. The Japanese company that was in competition for the new technology could only handle HD. And we all know who won that competition. Thus, we ALL had to by a new TV to handle the new wave of TV.

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sharkhead 2012/08/20 23:48:40

No

+3
It's a very great company, but the greatest company would have to be Ford.

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JERSEYDUDE to sharkhead 2012/08/20 23:55:58

lol good 1

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☼ Supersonic Jocy 2012/08/20 23:46:36

No

+1
Apple and Steve Jobs are overrated. He didn't invent anything considered "genious." If Apple didn't exist, technology would still be advanced.

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Marshal... to ☼ Super... 2012/08/20 23:59:46

+1
Steve Jobs, doesn't do anything, anymore.

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☼ Super... to Marshal... 2012/08/21 04:23:01

Cool!

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SOUL4REAL 2012/08/20 23:20:02

Yes

Apple is the greatest company of all time! If I was wise I would have gotten a patern for the name "Apple"! I would be wealthy today,I'm alright but it would have been even better,they are making "Billions"!

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Magical Mushroom 2012/08/20 23:18:53

Yes

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Patriot Lady 2012/08/20 23:09:42

No

+2
Good computer but far from the best company. Steve Jobs was intelligent but he was also a nasty jerk.

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ṃεταllïс_ḋќ[сhατвøχ] 2012/08/20 23:04:36

No

Putting "i" into any device nowadays makes people drool for Apple.I'd considerably put Microsoft ahead of them.

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