Apple Becomes World's First $3 Trillion Company macrumors.com/2022/01/03/…
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πŸ‘€︎ u/aaronp613
πŸ“…︎ Jan 03 2022
🚨︎ report
Apple hits 3 trillion market cap, becoming the first company to hit the mark

https://finance.yahoo.com/news/apple-hits-3-trillion-market-cap-184825195.html

β€œApple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below the number during the day.

Apple’s rise to a $3 trillion market cap, which is based on its stock price, comes less than two years after its market cap hit $2 trillion. Microsoft (MSFT) is also potentially on its way to the $3 trillion mark after topping $2 trillion in June.

Apple’s rise to $3 trillion comes on the back of the incredible success of its iPhone line, which has spawned accessories like the Apple Watch and AirPods, not to mention services like AppleCare, the App Store, Apple Music+, and Apple TV+.

Apple’s latest generation of hardware has, however, been struck by the same supply chain issues affecting everything from car manufacturers to home appliance makers. According to Bloomberg, the company previously cut its iPhone production goal by 10 million units in October due to supply constraints.

And Nikkei Asia reports that Apple’s manufacturing partners in China were getting days off when they would normally be working full throttle to ramp up device availability for the holiday season.

Stay ahead of the market But Apple has also shown off some major innovations in 2021 including the launch of its powerful M1 Pro and M1 Max chips for its MacBook Pro laptops. Those chips allow Apple to ditch Intel’s own processors, giving Apple far more control over design and performance.

And then there are reports about Apple’s future devices including the obvious updates to stalwarts like the iPhone, Apple Watch, and AirPods, as well as entirely new product categories like augmented reality and virtual reality headsets.

Apple’s rise to $3 trillion hasn’t been without controversy, however. The company has repeatedly been called out for its cooperation with the Chinese government including its censorship policies and its need to store user data there. Apple, however, says it β€œcomplies with the laws pertaining to local entities that control customer data and provides data as legally required.”

Like its Big Tech compatriots, Apple is also contending with antitrust issues. In August 2020, β€œFortnite” maker Epic filed suit against Apple claiming it violates antitrust laws by requiring developers to use its in-app payment system, which automatica

... keep reading on reddit ➑

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πŸ‘€︎ u/AptitudeSky
πŸ“…︎ Jan 03 2022
🚨︎ report
Just decided to started another playthrough and was doing some exploring and found out there’s a mountain with a whole apple orchard on it??? Can’t believe I’ve missed it in all my other playthroughs
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πŸ‘€︎ u/gyru5150
πŸ“…︎ Jan 05 2022
🚨︎ report
Apple Becomes First U.S. Company to Reach $3 Trillion Market Value wsj.com/amp/articles/appl…
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πŸ‘€︎ u/Stormbreaker636
πŸ“…︎ Jan 03 2022
🚨︎ report
First strike was the mountaineer and strike 2 was the apple 2 does that mean that the third strike is the whole company? Any thoughts? reddit.com/gallery/mduvui
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πŸ‘€︎ u/SamalbertJR
πŸ“…︎ Mar 26 2021
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Apple still sells Mac OS X Lion and Mountain Lion
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πŸ“…︎ Jan 11 2022
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New apple iWatch ad: SAR scenario. Mixed emotions as I had a friend die like this… he bled out in the woods after a mountain-bike fall. But wondering how many false-positives this will bring. ispot.tv/ad/qeWo/apple-wa…
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πŸ‘€︎ u/ebmfreak
πŸ“…︎ Jan 09 2022
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Markets down.... is this just a quick dip or the start of bear market? Wondering what everyone thinks. A lot of stuff going on in china... a lot of companies β€œgoing under” granted take anything about china with mountain of salt. How long can the cabals continue this sharade?

Liquidity crisis incoming?

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πŸ“…︎ Dec 20 2021
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TIL that Steve Jobs partially wanted to name his company β€˜apple’ because it would appear in the phone book before his previous company Atari macworld.co.uk/feature/wh…
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πŸ‘€︎ u/willymakapakaa
πŸ“…︎ Nov 09 2021
🚨︎ report
17 Great American Companies That Keep Mountains Of Cash Overseas Just Like Apple Does businessinsider.com/apple…
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πŸ‘€︎ u/wang-banger
πŸ“…︎ May 21 2013
🚨︎ report
"Not many companies can think of a film studio as a public-relations arm". The Economist: Just how big in media does Apple want to be? economist.com/business/20…
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πŸ‘€︎ u/MrConjunctivitis
πŸ“…︎ Jan 03 2022
🚨︎ report
Apple is being sued by a San Francisco man for $1,383.13, the exact cost of his iPhone 12. He says the company refused to fix the device while it was under warranty. businessinsider.com/apple…
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πŸ“…︎ Oct 24 2021
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When 7000-10000 footer mountains look puny, you are in the company of Himalayas. Panchachuli towering above everything, minutes before the golden hour peak - North India [2200x3300] [OC]
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πŸ‘€︎ u/Yashesh
πŸ“…︎ Dec 09 2021
🚨︎ report
Reached a FIRE milestone being concentrated in my company's (Apple's) stock

Four years ago, I posted this, asking if it was ok to be fully concentrated in my employer's (Apple) stock.

Two years ago, I posted this, with a higher NW but asking the same question.

The vast majority of the commenters told me to diversify away from Apple, however, I held the course and never sold my stock.

With my 6700 shares of Apple, along with my $100K in other equities and $250K in my diversified 401(k), I have now reached $1.58M in net worth. It seemed like just a number for me, but I realized that at the 3% rule, I could pay my $4K rent forever. (Yes, the rent is high, but I live by myself in a 2BR apartment in San Francisco.)

If I had sold when I got my stock, my guess is that my NW would be between $600K-$800K, still a very high number, but it would require another 5-6 years of work to get to where I am today. I'm 29 and I have been working at Apple since I was 22.

It is very relieving knowing that something could happen to me and I would be able to live in my apartment for the rest of my life. Obviously, I want to go bigger and better over time, but I think I picked the right strategy.

The reason I made this post is because I wanted to start a conversation in pursuing non-orthodox FIRE strategies. Obviously, for most companies, you should sell your equities when you get them. But if you are truly willing to do the research required to understand your company, the stock market, and your company's moat, and you know that your company will grow and be successful. I think "putting all of your eggs in one basket and watching it like a hawk" is a reasonable strategy, given that you have a diversified 401K so you aren't destitute in the worst case scenario.

I am definitely not gonna sell any shares, and I plan on staying at Apple for at least another 5-6 years. Ideally, I will get to the point where my dividends cover my living expenses, then I may look at retiring or pursuing other opportunities, but I am at least 10 years away from that.

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πŸ“…︎ Jan 03 2022
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Apple pie mountain dew. Best mixed flavor of all time? I think so.
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πŸ‘€︎ u/AgentLead_TTV
πŸ“…︎ Dec 24 2021
🚨︎ report
for a company who films most/all of their promo vids in the mountains and bases most of their collections on the outdoors, balance has been deafeningly silent about the wildfire in boulder county which has destroyed over 600 homes.

just more proof they truly only care about profits and couldn’t give a shit about the world’s β€œnatural wonders.” hopefully their donations from this new launch will go towards helping the families who lost everything in balance’s home state.

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πŸ‘€︎ u/Worth-Ground3842
πŸ“…︎ Dec 31 2021
🚨︎ report
Apple hits $3 trillion market cap, becoming first company to hit the mark finance.yahoo.com/news/ap…
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πŸ‘€︎ u/AptitudeSky
πŸ“…︎ Jan 03 2022
🚨︎ report
Apple's 6.9% weight in the S&P 500 today is the largest weighting we've seen for any individual company going back to 1980. $AAPL twitter.com/charliebilell…
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πŸ“…︎ Jan 12 2022
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Hawaiian music producer and founder of Mountain Apple Company, Jack de Mello, dies at 103 - KITV kitv.com/story/40379427/h…
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πŸ‘€︎ u/Lonetrek
πŸ“…︎ Apr 28 2019
🚨︎ report
Has anyone worked for Dustbusters LLC or Rocky Mountain Fire Company? Did you like it or hate it?

I'm looking to join a crew this summer and recently heard back from both companies. I have no fire experience, but both companies offered to train me. While training/working, I'll live in my van/camping, so location isn't a big deal.

I've read about Dustbusters LLC and, it gets compared to Bootcamp. They read the company policy over the loudspeaker, can't curse, there are video and microphones inside trucks, march around everywhere, care about how they look and don't get much work during the season. I'm a veteran and don't mind the boot camp comparisons, but I don't want to go through the training to sit around doing nothing all summer.

I can't find much about the Rocky Mountain Fire Company.

I need experience and, both companies sound like they can help me turn this into a career. Any tips, experience, or advice is appreciated. Thank you!

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πŸ‘€︎ u/Soggy-Bus
πŸ“…︎ Jan 11 2022
🚨︎ report
Apple becomes first U.S. company to reach $3 trillion market cap cnbc.com/2022/01/03/apple…
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πŸ‘€︎ u/schwachs
πŸ“…︎ Jan 03 2022
🚨︎ report
Apple is about to become the world's first $3 trillion company cnn.com/2021/12/13/invest…
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πŸ‘€︎ u/Korrocks
πŸ“…︎ Dec 14 2021
🚨︎ report
Mountain dew spark + thrashed apple display at Frys
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πŸ‘€︎ u/StrangerIllRemain
πŸ“…︎ Jan 12 2022
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Thorin’s Company and Young Bilbo return to take on the lonely mountain warhammer-community.com/2…
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πŸ“…︎ Dec 24 2021
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Apple becomes first U.S. company to reach $3 trillion market cap cnbc.com/2022/01/03/apple…
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πŸ‘€︎ u/ChocolateTsar
πŸ“…︎ Jan 03 2022
🚨︎ report
Patiently spent the last week not wanting to help myself to my wife’s mountain of milk tray she gets from her work for Christmas, to not appear gluttonous, knowing she doesn’t like the outstanding apple crunch, to find to my horror they’ve switched it for a horrific β€œraspberry crΓ¨me” 🀒
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πŸ‘€︎ u/SookMaBawzz
πŸ“…︎ Jan 03 2022
🚨︎ report
View near the top of the Vulcan Mountain trail in Julian. Good place to work off the apple pie :)
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πŸ‘€︎ u/Rotnok
πŸ“…︎ Dec 06 2021
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Apple co-founder announces private space company to clean space debris independent.co.uk/life-st…
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πŸ“…︎ Sep 14 2021
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The Netherlands Government Conducts An Investigation Against Apple, Finding The Company To Be Guilty Of Anti-Competitive Policies digitalinformationworld.c…
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πŸ‘€︎ u/kry_some_more
πŸ“…︎ Dec 26 2021
🚨︎ report
Stock recommendations for outdoorsy clothing companies similar to Patagonia, arc’terx, any mountain etc.

Also, do you guys think there is some value in this sector? I might be late to the train, but it definitely seems like brands like Patagonia and arc’terx are here to stay and I think there is a little more of a shift to be that cool outdoorsy Colorado hipster guy living in his van and going rock climbing, but I don’t know, what do you guys think?

Covid as a catalyst or not, I do think people are wanting to get outdoors a lot more nowadays. Also getting tired of tech stocks lol.

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πŸ‘€︎ u/sushimi123
πŸ“…︎ Jan 11 2022
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Apple puts Taiwanese company Foxconn on notice after protests, food poisoning in India nbcnews.com/news/world/ap…
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πŸ‘€︎ u/babyggrgg
πŸ“…︎ Dec 30 2021
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Comment: Tim Cook said Apple is looking at cryptocurrency – Here's what the company is likely to do 9to5mac.com/2021/12/28/co…
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πŸ‘€︎ u/baccisoni
πŸ“…︎ Dec 28 2021
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Which companies are focused on long term growth nowadays other than Apple, Tesla, Amazon, etc…

Which companies are focused on long term growth nowadays other than Apple, Tesla, Amazon, etc…

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πŸ‘€︎ u/Wide_Bit5947
πŸ“…︎ Dec 29 2021
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Microsoft Overtakes Apple and becomes the World’s Most Valuable Company macrumors.com/2021/10/29/…
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πŸ‘€︎ u/AmarHassan1
πŸ“…︎ Oct 29 2021
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Hi guys! I’m working on a semester project and I need some research. That company is renting holiday cottages in the mountains, which mark do you like the most? reddit.com/gallery/qoo2jf
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πŸ‘€︎ u/kvbagora
πŸ“…︎ Nov 07 2021
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Apple sues company known for hacking iPhones on behalf of governments cnbc.com/2021/11/23/apple…
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πŸ‘€︎ u/amnesiac7
πŸ“…︎ Nov 23 2021
🚨︎ report
Tim Cook Faces Surprising Employee Unrest at Apple. Hundreds of current and former Apple workers are complaining about their work environment, a rarity for the once tight-lipped company. nytimes.com/2021/09/17/te…
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πŸ‘€︎ u/08830
πŸ“…︎ Sep 17 2021
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Microsoft overtakes Apple as world's most valuable company macrumors.com/2021/10/29/…
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πŸ‘€︎ u/aversiontopink
πŸ“…︎ Oct 29 2021
🚨︎ report
Apple and Disney among companies backing groups against US climate bill theguardian.com/us-news/2…
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πŸ‘€︎ u/PurplePlan
πŸ“…︎ Oct 01 2021
🚨︎ report
Should we concern that S&P500 is mainly controlled by a few companies? Apple and Microsoft alone makes up 13%

I want to invest in the S&P500 index but worry that it's just too concentrated in a few over valued companies.

> For example, AAPL and MSFT alone makes up 13% Add AMZN, TSLA, GOOGLE and NVDA now it's 25+%.

I feel like buying SPY is the same as buying all the over hyped companies at the top.

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πŸ‘€︎ u/spicydude
πŸ“…︎ Dec 09 2021
🚨︎ report
[Offer] The Apple Barn (Smoky Mountains) Postcards [USA]

I have been enjoying a short vacation in the Smokies and we visited one of our favorite places: The Apple Barn in Sevierville. While there, I picked up a set of six postcards to send out. Five of these are recipe cards, featuring classic recipes like apple fritters and applewood julep. (If you’ve ever visited this place, your mouth probably started watering.) The sixth card is a picture of the Apple Barn.

To claim, be in the USA and comment below with your favorite dish that either you make, or someone makes for you because they love you. 😍 Then send me your address in a PM or chat. This is first come, first served so I will close it after the first six people respond. Good luck!

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πŸ‘€︎ u/snailmailer142
πŸ“…︎ Dec 22 2021
🚨︎ report
Reminder that the value of the entire crypto market is still less than Apple, 1 company. All of crypto is less worth than 1 company. We are so early to the game, pioneers.
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πŸ“…︎ Jan 09 2022
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TIL about the Blair Mountain Revolt, the largest armed uprising in the US post-Civil War. Thousands of workers upset at company town policies and poor conditions in the mines staged a mass strike in West Virginia, leading to the President ordering the army and airforce in. 133 died, over 900 jailed. en.wikipedia.org/wiki/Bat…
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πŸ“…︎ Jul 03 2021
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Apple and other big tech companies to attend White House meeting to talk software security 9to5mac.com/2022/01/13/ap…
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πŸ‘€︎ u/One_Cod3448
πŸ“…︎ Jan 13 2022
🚨︎ report
Apple-achian Mountain Range
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πŸ‘€︎ u/KnockKnockItsKnux
πŸ“…︎ Dec 25 2021
🚨︎ report
Apple employees threaten to quit as company takes hard line stance on remote work appleinsider.com/articles…
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πŸ‘€︎ u/westphall
πŸ“…︎ Jul 15 2021
🚨︎ report
What is Your Favorite Storage Company in The Foreground of Your Mountain View?

I have an amazing view. When I drive to work I see the mountains on my right and a very large U-Haul storage facility on my left!

What about you?

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πŸ‘€︎ u/Fairelabise17
πŸ“…︎ Jan 09 2022
🚨︎ report
Apple can afford to give everyone a $100 per HOUR raise and still remain highly profitable. This got me thinking, what about all the other companies. I introduce to you the S&P greed list

About a week ago I saw a post on here that stated that Apple can give every worker $100 per hour raise. At first I thought this is some bs to push our cause but I ran the math

Apple has 147,000 workers, so we take that number and multiply it by the $100, then multiply that by 2080 which is hours per work year if you work 40 hours a week for the 52 weeks. We got

147,000 x $100 x 2080 = $30,576,000,000 or $30.576 billion to keep it short. This is how much it would cost for them to pay their employees the $100 on top.

Apple in 2021 has made a PROFIT of $94.7billion in 2021 and $57.41billion in 2020. After giving every worker a $100 per hour increase they will still be one of the most profitable companies out there.

This got me thinking. Just how greedy are these corporations and how much can they afford. Since we always hear on the news that increasing wages will mean they will go bankrupt etc. So I went through the SP 100 to see what the numbers are

The spreadsheet is easy to read. Net Income is in $ Billions, then the next three coluumns are the wage increases. The first is 25% reduction in Net Income, then half and finally if they made no profit and gave all the money to the workers, a bit extreme but its for cool infographics.

https://preview.redd.it/pouq996ig7581.png?width=691&format=png&auto=webp&s=168a1a42c48efdf2769a2bf383e1edd37a5f4ec6

There are some comapnies that can afford $100+ increases others very small amount. This again is only taking into account Net Income and nothing else.

https://preview.redd.it/kimisb0kg7581.png?width=821&format=png&auto=webp&s=ca057656e52b924bcf64b2da501c16734cc0443e

The following is a chart representing the totals. Between the 99 corporations (since google is listed twice) there is 16million workers. The total Net Income is $739billion. On average for a 25% cut in that income all of those workers would be getting $5.50 raise which amounts for $184billion that the people would have, and so on

Also since KELLOGS isnt on there heres the data

https://preview.redd.it/o96pfqxth7581.png?width=821&format=png&auto=webp&s=666b99e782c539b923b85b70310709ca806b8740

They can afford a $4.75 increase in wages by only losing 25% and so on

NOTE -

All of the data is from Wikipedia. Most of it is 2020 some is 2021 and a very few is 2019 so its not 100% accurate.

There are also a lot of factors that should be considered in a real life scenario. Yes these corporations are evil but the

... keep reading on reddit ➑

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πŸ‘€︎ u/ttv_CitrusBros
πŸ“…︎ Dec 13 2021
🚨︎ report
Microsoft passes Apple to become the world's most valuable company cnbc.com/2021/10/29/micro…
πŸ‘︎ 2k
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πŸ‘€︎ u/NineteenEighty9
πŸ“…︎ Oct 29 2021
🚨︎ report

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