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Tech Brew Ride Home

Tue. 01/04 – Apple Becomes The First $3 Trillion Dollar Company

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 4 January 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Apple becomes the world’s first $3 Trillion dollar company. Samsung unveils its latest budget flagship smartphone. AT&T and Verizon delay their controversial 5G rollout while Verizon and T-Mobile end their controversial Apple rebate program. And a trip down the aisles at CES, including a smart collar for your dog and a gadget to bring home hair coloring into the 21st century. Sponsors: Do.co/trh Wix.com Links: Apple becomes first U.S. company to reach $3 trillion market cap (CNBC) The Galaxy S21 FE officially joins Samsung’s crowded midrange lineup (The Verge) Verizon, AT&T agree to FAA's request for a two-week delay on 5G expansion plans (CNET) Verizon and T-Mobile Discontinue iPad Rebate Program Following Widespread Customer Complaints [Updated] (MacRumors) Version two of TCL’s wearable display glasses are lighter and less dorky-looking (The Verge) Are we ready for the smart front door? Masonite thinks so (The Verge) This smart collar wants to be an Apple Watch for your dog (The Verge) L’Oreal's precision hair coloring device is the end of home dye job disasters (Input) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Tuesday, January 4th, 2022. I'm Brian McCullough today.

0:09.1

Apple becomes the world's first three trillion dollar company. Samsung

0:13.0

unveiled its latest budget flagship smartphone.

0:15.6

AT&T and Verizon delay their controversial 5G rollout while Verizon and

0:20.1

T-Mobile and their controversial Apple rebate program and a trip down the aisles at

0:24.9

CES including a smart collar for your dog and a gadget to bring home hair coloring into the 21st century.

0:31.2

Here's what you miss today in the world of tech. For a brief

0:36.8

time yesterday Apple became the first company to reach a three trillion dollar

0:41.5

market cap when its stock hit $182.86, tripling its valuation in under four years.

0:50.2

Quoting CMBC.

0:51.8

Apple rose 2.5% on Monday to close at 1.82 and 1 penny,

0:56.8

just missing, closing the trading day at the 3 trillion dollar mark.

1:00.7

The milestone is mostly symbolic, but it shows investors remain bullish on

1:04.2

Apple stock and its ability to grow. At a market value of three trillion dollars

1:08.0

Apple tripled its valuation in under four years and analysts see plenty of room to

1:12.2

run.

1:13.0

Apple showed annual growth across all of its product categories in its fourth quarter earnings

1:17.5

with revenue up 29% year over year.

1:20.0

While the iPhone is still the biggest sales driver,

1:23.0

Apple's services business grew 25.6% year over year

1:27.0

and delivered more than $18 billion in revenue during the quarter.

1:31.0

Apple became the first publicly traded US company to hit a

...

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