Mountain Apple Company Puns

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

“Apple (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 “complies 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, “Fortnite” maker Epic filed suit against Apple claiming it violates antitrust laws by requiring developers to use its in-app payment system, which automatica

Liquidity crisis incoming?

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.

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

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!

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.

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

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.

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!

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?

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