Episode 191: Apple's Trillion, Where It Comes From, And Where It Goes
AppleInsider Podcast
AppleInsider
4.3 • 1.3K Ratings
🗓️ 3 August 2018
⏱️ 42 minutes
🧾️ Download transcript
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| 0:00.0 | You're listening to the Apple Insider Podcast. |
| 0:03.0 | Hello, welcome to another episode of the Apple Insider Podcast. |
| 0:07.0 | I'm William Gallagher sitting in for Victor who's off having adventures. |
| 0:11.0 | He's not gone far. You'll be hearing from him a regular |
| 0:14.0 | intervals soon, but I'm here with Apple Insider's own Mike Worthyly. Hello, |
| 0:18.5 | Mike. Hello, William. It's almost like we did this just a week ago. |
| 0:23.0 | Yes, yes, but you know what's happened in the meantime. |
| 0:25.0 | Victor's clearly sold some apple shares or something and bought an island and that's it. |
| 0:31.0 | He's gone. |
| 0:32.0 | Well, no, that's I mean that's not the case. I mean what we're looking at here is apples. Well, you know what? There's actually a couple things to talk about today and some of this might be outdated by tomorrow, but it might not. |
| 0:41.0 | This morning at 10 o'clockclock the various news agencies of the world announced that |
| 0:46.2 | Apple's market capitalization was $1 trillion, except that it wasn't. |
| 0:52.4 | The biggest problem with it is is they were using data from the day |
| 0:55.2 | before they were using Tuesday's data on Apple's outstanding shares as |
| 0:59.5 | opposed to the numbers that Apple filed with the Securities and Exchange Commission on Wednesday. |
| 1:06.4 | So yeah, I mean, I can see where you might miss that. |
| 1:10.8 | I can see where you might do the calculation on Tuesday and say okay this is the |
| 1:14.6 | target we need to hit. I see where that might be the case but looking |
| 1:18.5 | throughout my feeds right now which is 11 o'clock in the morning Eastern |
| 1:22.0 | Coast time on Thursday. I see all of the big news |
| 1:26.5 | agencies, ABC, NBC, CBS, Fox, MS NBC, you name it. They've all said that Apple's a trillion dollar company. Now, you know, by the time |
| 1:34.9 | we're listening to it, it may very well be. The share, let me just look up the share price that it |
... |
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