theguardian.com
Well, congratulations to Tim Cook for working so hard. Shows what a little pullin' yourself up by the bootstraps can do.
Apple becomes world's first trillion dollar company
Kevin Moore
Grayson Miller
Braise cabidalism ::DDDD
Samuel Gonzalez
This means we can finally have a raise at least, right?
Christian Diaz
Haha lol.
Samuel Baker
Lol nope tim crook did everything himself.
Luis Brown
hooktube.com
Buggirl
Apple fans are so oblivious and naive, possibly the worst of any major company. I remember there was a girl just like in the video in my classes in high school, and God was she annoying. Valley girl accent, Starbucks, easily offended and very whiny. Apple has cultivated a certain fanbase of exactly these kinds of people, who are the best useful idiots money can buy.
Owen Collins
What?? I though workers conditions in China were better than the USSR and all ex socialist states put together.
Lenin hat told me that they don't need no rase they are already perfect likw this and will be even more perfect in 2030 when they will achieve socialism.
Xi literally lived in a cave, he know his shit, he's better than mao, hoxha, stalin, lenin, fidel and tito
Aaron Bell
Maybe if you useless fucks learned how to program or learned a trade you would get more than simple scraps? Entrepreneurs and innovators take *risks* and thus deserve to be paid 500000 times more than the proles.
Wyatt Carter
Doesn't matter anyway. The big money has long been gone from the productive sector into more sophisticated and untraceable stuff. There is nothing we can usefully seize anymore
Ian Reyes
pro-tip: hooktube doesn't even work anymore, it just embeds
thanks for ijustine views
Chase Parker
sorry but apple doesn't employ them
Julian Torres
What do you mean it doesn't work anymore? Does Hooktube now give views or something?
Hunter Sanchez
I love it when capitalists unironically bring up the concept of "risk". And when they do, no one asks them what they are risking. Because ultimately, what they are really risking if their business fails is becoming a worker like everyone else. So in other words, they know unconsciously the positions of the bourgeoisie and the proletariat, but they deny it conscientiously due to propaganda. It is a very interesting psychological phenomenon.
Zachary Perry
What's so wrong with learning a trade or something though? Isn't this actual advice though? I'm pretty sure Chinese people can spend an hour or so every day learning to program, if anything, and it's a field that's in demand right now.
Leo Howard
Because this isn't a useful analysis. Think about it for one moment. Even if all the factory workers in China learned a trade, the factories still need to produce shit. So in other words, there would still be the same amount of factory workers no matter how hard each of them tries and no matter how smart each one of them becomes. Sure, a couple might be able to rise beyond factory work if they do that, but that just means that another worker would take their place.
Caleb Powell
Haha, you're so gullible.
Sebastian Brown
yes
>July 16: YouTube api features are back but mp4 is replaced with the standard YT video embed. HookTube is now effectively just a light-weight version of youtube and useless to the 90% of you primarily concerned with denying Google data and seeing videos blocked by your governments.
Luke Gutierrez
Dutch East India company was over 7 trillion, knocking on 8 in 2018 dollars.
Charles Turner
But this is apple so of course they are the first to do it, and if not they brought it into the mainstream.
Caleb Cooper
use flag related and no name for porkyposting
Logan Davis
Use invidio.us instead, they do now what hooktube used to do, rather than just being a "light-weight" youtube embed.
Tyler James
What's the problem here?
Eli Lopez
Capitalism
Nathaniel Richardson
Companies have been taking out loans or dipping into their cash reserves in order to buy up their own stock, to the tune of millions or billions of dollars worth. This drives up the price of that stock, not only because there is less of it, but because its perceived value increases through it being bought and sold.
Similar to GDP, it gets its value not from any kind of objective valuation, but from its perceived value. If in your country you have a corporation making Whatsits and charging 1 dollar a pop for it, if you instead charge 2 dollars a pop, the GDP will see a proportional increase in production despite there being no material difference between these $1 and $2 Whatsits.
For corporations, stock purchases have a similar effect. Buying up stocks make those stocks more valuable, which makes the company more valuable. In effect, its a way for corporations to create the appearance of a thriving and expanding company despite it not necessarily being true. This has been a major driver of the economy since 2008 as the Federal Reserve has been pumping it month after month, year after year, with low or zero interest loans. These companies have been taking this money and inflating their success, whether or not they've actually been expanding, or producing more, or gaining more sales or profitability.
This used to be illegal until the Reagan administration for exactly that reason. It creates the illusion of growth without the uncomfortable necessity of actual growth. It distorts the actual appreciation of market value, discoupling it from a company's actual performance. This hasn't been so much of a problem until recently for myriad reasons, but in the last decade it's become a serious factor for the stock market. Despite there being little to no actual growth, and until very recently an actual decline in productivity and productive forces, the overall valuation of the stock market has risen pretty much unimpeded year after year.
In theory it does portend a harder crash at some point. The common thread of market failures from the 20th century until now is that market distortions have compounding effects, with production outstripping consumption. Because everything receives its value in relation or comparison to everything else, these disproportionate forces can spread throughout the economy, creating bubbles, bull markets, etc, based on nothing but the appearance of profitability.
Jaxson Sullivan
I know this is bait but gonna drop this anyway
Dominic Baker
Reminds me of this
Adam Reyes
Carson Perry
Gabriel Walker
You really have no clue what goes into building a business, do you?