Hey Apple, congrats on the big $1T! So the original trillion-dollar company was made in China
– PetroChina’s market cap hit $1.1T in 2007
– By the end-2008 it had lost $800b
– That was the biggest destruction of shareholder wealth in history (feel better $FB?) #lifecomesatyoufast
twitter.com/HaidiLun/status/1025220455349682176
“Here are the last two companies that first reached market cap milestones – $IBM ($100b) and $MSFT ($500b). Careful what you wish for,” h/t @sentimentrader
68% of the revenue of $AAPL is tied to one product: the iPhone, and its all mfg in China, as Trump escalates trade war w/ Beijing
twitter.com/StockBoardAsset/status/1025156948239572992
Apple is the first trillion dollar company. The decline in share count is responsible for 42% of the stock’s gain from the end of 2013 (this is a direct byproduct of cheap credit, which has encouraged these share buybacks): www.zerohedge.com/news/2018-08-02/apple-just-became-first-trillion-dollar-company … @zerohedge $AAPL $QQQ
twitter.com/TheBubbleBubble/status/1025088105580310529