$1 Trillion! | TWiT Bits

published 1 week ago

Another great quarterly earnings report kicks Apple's market cap past the one trillion dollar mark. Watch the full episode: Hosts: Leo Laporte, Andy Ihnatko, Rene Ritchie, and Alex Lindsay You can find more about TWiT and subscribe to our full shows at

Oh yeah did we mention apple and $1000000000000 market yeah we mention that I mean it's a vanity metric but what a big number but we know that it really is just for a little reality check there as well as it is it's a vanity number especially given the fact that it wouldn't be anywhere near that if they weren't spending hundreds of billions of dollars buying their own stock back I mean there's a little bit about you know that that stock the stock when we really talk about soccer I mean the guy was doing great they're gonna keep on making more money that's great but that that is not what's giving them $1000000000000 valuation was given to trade on valuation is is basically taking a otherwise stagnant stock and in you know and basically does inflating it by buying their own and keeping the investors happy otherwise we would have moved on I'm also I'm also impressed that they've managed to become $1000000000000 company without amassing a whole bunch of really terrible scandals like I have so much respect for so many things that Amazon has it achieved ...

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