Apple rich in what

Этот день в истории Apple: Apple удаляет приложение I Am Rich в результате скандала

10 августа 2008 года: Apple удалила «I Am Rich» из App Store в результате споров по поводу возмутительной цены приложения в $999,99 и полного отсутствия пользы. Его создатель, немецкий разработчик Генрих Армин, защищает свое пресловутое творение, называя его «искусством» и отмечая, что сделал его как шутку и не ожидал что кто-то его купит, а затем поднимет скандал.

Приложение получило массу негативных комментариев в прессе, и все же восемь человек заплатили за его загрузку. Удивительно, что только две из них попросили Apple отменить продажу.

Само приложение было более чем странным: при открытии на дисплее пользователя отображался красный драгоценный камень, а после нажатия появлялась большими буквами надпись:

ЗДОРОВЫЙ И УСПЕШНЫЙ»

Стив Джобс, который изначально выступал против идеи App Store на том основании, что это приведет к снижению качества программного обеспечения, возможно, и опасался появления такого приложения, если бы не более чем успешный старт App Store.

Продолжение: I Am Rich LE

Приложение I Am Rich также поставило вопрос о том, должна ли Apple ввести политику «попробуй, прежде чем купить» для App Store. Хотя Apple никогда серьезно не рассматривала такую ​​политику, эта концепция подпитывает стала основой для появления множества бесплатных приложений, которые сегодня только после пробных серий предлагают покупки.

Несмотря на массу полученных сообщений, многие из которых были оскорбительными, Генрих выпустил в 2009 году продолжение приложения под названием I Am Rich LE по цене $ 8,99, которое привлекло только несколько пользователей.

В этом году он обновил I Am Rich LE, добавив совместимость с iOS 12 и другие улучшения.

Источник

At $2.08 Trillion, Apple Is Bigger Than These Things

In August 2018, Apple Inc. (AAPL) became the world’s first company to record a market capitalization of $1 trillion and roughly two years later, became the first publicly traded U.S. company to surpass $2 trillion.   As of March 15, 2021, Apple’s market cap increased to $2.08 trillion.   To put that staggering $2 trillion figure in context, we present five other huge things that the giant technology company is bigger than or comparable to in terms of value.

Key Takeaways

  • Apple Inc. leads all public companies with a $2.08 trillion market cap.
  • This figure exceeds the GDP of most countries.
  • It also exceeds the total value of stocks on most exchanges worldwide.
  • Apple broke two records by becoming the first company to record both a $1 trillion and $2 trillion market cap.

1. Economies of Entire Countries

Global GDP was $87.799 trillion in 2019, per the latest data from the World Bank, and Apple’s market cap is 2.36% of that figure. Compared to the U.S., the world’s largest economy with a GDP of $21.43 trillion in 2019, Apple’s market cap represents 9.7%. 

Only 7 countries have annual GDP figures greater than Apple’s market cap. The nations with GDP figures immediately below $2.08 trillion are Italy, Brazil, and Canada. 

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Moreover, the World Bank compiles GDP data for 263 countries, regions, or collections of countries with similar characteristics. Of these, 216, or 97.3%, generate less than $2.08 trillion in annual GDP. 

2. The Market Value of Some Stock Exchanges

The total market capitalization of all shares traded on the top U.S. stock exchanges was $45.57 trillion as of March 15, 2021.   Apple represents 4.56% of that total.

Of the top 72 exchanges in the world, only 11 have market caps greater than Apple. Those exchanges immediately behind Apple are the Frankfurt Stock Exchange, South Korea Stock Exchange, Stockholm Stock Exchange, and Swiss Stock Exchange. 

3. U.S. Budget Deficit

The U.S. government’s expenses far exceed its revenue generation, leading to a burgeoning budget deficit which has been a subject of hot political debates. The Congressional Budget Office (CBO) reports that the federal budget deficit for the fiscal year 2020, which ended on Sept. 30, was $3.1 trillion, more than three times the deficit recorded for 2019. 

As massive as the federal deficit appears, it is only slightly larger than Apple’s market cap. However, Apple’s value pales in comparison to the nation’s total federal debt of $26.945 trillion. 

$26.945 trillion

U.S. federal government debt as of Sept. 30, 2020. This is approximately 13 times greater than Apple’s market cap.

4. Cost of WWI, the Vietnam War, and the Iraq War

While wars cause the destruction of life that cannot be measured, a 2010 Congressional Research Service report estimated the economic cost of each U.S. war between 1775 and 2010, adjusting the figures to reflect constant dollar prices as of the fiscal year 2011. Based on data from that report, Apple’s market cap exceeds the inflation-adjusted costs to the U.S. of World War I, the Vietnam War, and the Iraq War, among others. The only exception is World War II, with an estimated cost of $4.1 trillion in 2011 dollars. 

5. The Combined Net Worth of the World’s 18 Richest People

Jeff Bezos is the world’s richest man according to Forbes magazine, which estimated his net worth to be $182.2 billion as of March 15, 2021.   The combined wealth of the top 10 on the Forbes list, including other well-known names such as Bill Gates and Warren Buffett, is estimated at $1.19 trillion, which is below Apple’s market value. To equal Apple’s market cap, one must combine the net worth of the world’s top 24 billionaires. 

Apple Net Worth FAQs

What is Apple’s Current Net Worth?

A company’s net worth is calculated as its assets minus liabilities. Its market capitalization, or market value, is calculated as the total number of outstanding shares of stock multiplied by its market price. Apple’s net worth at the end of the fiscal year 2020 was $65.34 billion.   Its market capitalization, however, is $2.08 trillion as of March 15, 2021.

Which Company Is Richer, Microsoft or Apple?

Microsoft has an impressive market cap; however, it is not as large as Apple’s. As of March 15, 2021, Microsoft’s market cap was $1.8 trillion, which is approximately 87% of Apple’s. 

Is Apple Worth a Trillion Dollars?

In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. In 2020, it surpassed another milestone, becoming the first company to record a market value of $2 trillion. Its net worth as of 2020 was an impressive $65 billion.

Is Apple Bigger Than Amazon?

E-commerce and tech giant Amazon joined the $1 trillion club in September 2018, one month after Apple. However, it has yet to reach Apple’s $2 trillion market cap milestone. Amazon reported a 2020 net worth of $43.55 billion, trailing behind Apple’s $65 billion. Although Amazon posts great marks, it is not bigger than Apple.

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Is Tim Cook a Billionaire?

Apple’s CEO Tim Cook is estimated to have a net worth of $1 billion. He earns approximately $15 million per year in salary and bonuses. 

The Bottom Line

Apple continues to break records with its performance, shattering the market cap ceiling in 2018 at $1 trillion and again in 2020, doubling to $2 trillion. Apple’s market value exceeds the combined net worth of most of the world’s billionaires, entire nations’ economies, and the market value of most exchanges. One can imagine what record it will break next. Despite where it’s headed, it maintains its position at the top.

Источник

Этот день в истории Apple: Apple удаляет приложение I Am Rich в результате скандала

10 августа 2008 года: Apple удалила «I Am Rich» из App Store в результате споров по поводу возмутительной цены приложения в $999,99 и полного отсутствия пользы. Его создатель, немецкий разработчик Генрих Армин, защищает свое пресловутое творение, называя его «искусством» и отмечая, что сделал его как шутку и не ожидал что кто-то его купит, а затем поднимет скандал.

Приложение получило массу негативных комментариев в прессе, и все же восемь человек заплатили за его загрузку. Удивительно, что только две из них попросили Apple отменить продажу.

Само приложение было более чем странным: при открытии на дисплее пользователя отображался красный драгоценный камень, а после нажатия появлялась большими буквами надпись:

ЗДОРОВЫЙ И УСПЕШНЫЙ»

Стив Джобс, который изначально выступал против идеи App Store на том основании, что это приведет к снижению качества программного обеспечения, возможно, и опасался появления такого приложения, если бы не более чем успешный старт App Store.

Продолжение: I Am Rich LE

Приложение I Am Rich также поставило вопрос о том, должна ли Apple ввести политику «попробуй, прежде чем купить» для App Store. Хотя Apple никогда серьезно не рассматривала такую ​​политику, эта концепция подпитывает стала основой для появления множества бесплатных приложений, которые сегодня только после пробных серий предлагают покупки.

Несмотря на массу полученных сообщений, многие из которых были оскорбительными, Генрих выпустил в 2009 году продолжение приложения под названием I Am Rich LE по цене $ 8,99, которое привлекло только несколько пользователей.

В этом году он обновил I Am Rich LE, добавив совместимость с iOS 12 и другие улучшения.

Источник

Apple Inc.

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Apple Inc., formerly Apple Computer, Inc., American manufacturer of personal computers, smartphones, tablet computers, computer peripherals, and computer software. It was the first successful personal computer company and the popularizer of the graphical user interface. Headquarters are located in Cupertino, California.

Garage start-up

Apple Inc. had its genesis in the lifelong dream of Stephen G. Wozniak to build his own computer—a dream that was made suddenly feasible with the arrival in 1975 of the first commercially successful microcomputer, the Altair 8800, which came as a kit and used the recently invented microprocessor chip. Encouraged by his friends at the Homebrew Computer Club, a San Francisco Bay area group centred around the Altair, Wozniak quickly came up with a plan for his own microcomputer. In 1976, when the Hewlett-Packard Company, where Wozniak was an engineering intern, expressed no interest in his design, Wozniak, then 26 years old, together with a former high-school classmate, 21-year-old Steve Jobs, moved production operations to the Jobs family garage. Jobs and Wozniak named their company Apple. For working capital, Jobs sold his Volkswagen minibus and Wozniak his programmable calculator. Their first model was simply a working circuit board, but at Jobs’s insistence the 1977 version was a stand-alone machine in a custom-molded plastic case, in contrast to the forbidding steel boxes of other early machines. This Apple II also offered a colour display and other features that made Wozniak’s creation the first microcomputer that appealed to the average person.

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Commercial success

Though he was a brash business novice whose appearance still bore traces of his hippie past, Jobs understood that in order for the company to grow, it would require professional management and substantial funding. He convinced Regis McKenna, a well-known public relations specialist for the semiconductor industry, to represent the company; he also secured an investment from Michael Markkula, a wealthy veteran of the Intel Corporation who became Apple’s largest shareholder and an influential member of Apple’s board of directors. The company became an instant success, particularly after Wozniak invented a disk controller that allowed the addition of a low-cost floppy disk drive that made information storage and retrieval fast and reliable. With room to store and manipulate data, the Apple II became the computer of choice for legions of amateur programmers. Most notably, in 1979 two Bostonians—Dan Bricklin and Bob Frankston—introduced the first personal computer spreadsheet, VisiCalc, creating what would later be known as a “killer app” (application): a software program so useful that it propels hardware sales.

While VisiCalc opened up the small-business and consumer market for the Apple II, another important early market was primary educational institutions. By a combination of aggressive discounts and donations (and an absence of any early competition), Apple established a commanding presence among educational institutions, contributing to its platform’s dominance of primary-school software well into the 1990s.

Competition from IBM

Apple’s profits and size grew at a historic rate: by 1980 the company netted over $100 million and had more than 1,000 employees. Its public offering in December was the biggest since 1956, when the Ford Motor Company had gone public. (Indeed, by the end of 1980, Apple’s valuation of nearly $2 billion was greater than Ford’s.) However, Apple would soon face competition from the computer industry’s leading player, International Business Machines Corporation. IBM had waited for the personal computer market to grow before introducing its own line of personal computers, the IBM PC, in 1981. IBM broke with its tradition of using only proprietary hardware components and software and built a machine from readily available components, including the Intel microprocessor, and used DOS (disk operating system) from the Microsoft Corporation. Because other manufacturers could use the same hardware components that IBM used, as well as license DOS from Microsoft, new software developers could count on a wide IBM PC-compatible market for their software. Soon the new system had its own killer app: the Lotus 1-2-3 spreadsheet, which won an instant constituency in the business community—a market that the Apple II had failed to penetrate.

Macintosh and the first affordable GUI

Apple had its own plan to regain leadership: a sophisticated new generation of computers that would be dramatically easier to use. In 1979 Jobs had led a team of engineers to see the innovations created at the Xerox Corporation’s Palo Alto (California) Research Center (PARC). There they were shown the first functional graphical user interface (GUI), featuring on-screen windows, a pointing device known as a mouse, and the use of icons, or pictures, to replace the awkward protocols required by all other computers. Apple immediately incorporated these ideas into two new computers: Lisa, released in 1983, and the lower-cost Macintosh, released in 1984. Jobs himself took over the latter project, insisting that the computer should be not merely great but “insanely great.” The result was a revelation—perfectly in tune with the unconventional, science-fiction-esque television commercial that introduced the Macintosh during the broadcast of the 1984 Super Bowl—a $2,500 computer unlike any that preceded it.

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