Dear Friends:
In the middle of
series of explosive news in the political arena, in the evening of Tuesday May
9, Wall Street informed that Apple Inc. surpassed the market capitalization of
$800 billions after the closure of the NASDAQ market in New York.
From the victory of Emmanuel Macron in the second round of
the French presidential election to the firing of the James Comey as FBI
Director, a lot of events happened in the domestic and international political
arena in only 2 days. The Islamic State beheaded a Russian intelligent agent.
Moon Jae-in, a Korean liberal politician, won the elections of South
Korea.
The news about Apple
came days later the father of Macintosh and iPhone posted the financial results
of its second 2017 quarter.
By the way, during
the last 4 weeks, before Apple, other four tech leaders (Alphabet, Microsoft,
Facebook and Amazon) published their respective revenues and net incomes of the
first three months of 2017, all of them with good results.
In the case of
Apple, this company posted quarterly revenue of $52.9 billion and net income of
$11.0 billion. According to Tim Cook, Apple’s CEO, during the first three months
of 2017, the sales of iPhone 7 Plus continued with a robust demand.
Other sources
commented that Apple will start to test its prototype of self-driving car in
the streets of California soon. During last April, this company received the permit of the
Department of Motor Vehicles of California to test autonomous cars on public
roads of this state, like Google and Tesla.
The Apple’s market
capitalization of $ 800 billion is an important milestone. This is the first
time in the Wall Street history that a company from any industrial or
commercial niche surpassed the mark of $800 billion. (Apple started making
personal computers in 1977 in a garage. Can you imagine this company is valued
by the capital market in more than $800 billion today?)
During decades, the
ranking of the most valuable market companies was leaded by industrial and
energy enterprises like General Electric, Exxon, General Motors and Ford.
After that, IBM
achieved the top of the ranking for a period. Next, Microsoft surpassed the
previous leaders and became the No. 1 of the top 10 more valuable companies in
the market. (A non-technology company that integrated the group of the 10 TOPs
during years was Wal-Mart, retail department store.)
Now, the list is
leaded by 5 technology companies in the following order: Apple, Alphabet (Google’s father), Microsoft,
Facebook and Amazon.
Behind Amazon, the
ranking of the 10 TOP LEADERS is integrated by: Berkshire Hathaway, Exxon
Mobil, Johnson & Johnson, JPMorgan, Tencent and Wells Fargo.
(Several days ago,
in a meeting with shareholders, Warren Buffett, CEO and Chairman of Berkshire
Hathaway, commented that he is an enthusiast investor of Apple’s stocks and he
continues using iPhone after 10 years of loyalty with the brand.)
Returning to the
yesterday’s milestone of Apple, this was my comment posted in Wall Street
Journal:
- “The
capitalization above $800 billion of Apple Inc is a 'new feat' of the
technology company co-founded by Steve Jobs, Steve Wozniak and Ronald Wayne.”
It is important to
remark that after the death of Steve Jobs – co-founder and “charismatic
leader" of Apple -, a lot of analysts predicted the fall of his
'creature', but they were wrong.
Under the management
of Tim Cook, Apple strengthened as one of the leaders of the world smart-phone
market, introduced new models of mobile and desktop computers, grew in the
niche of digital tablets, entered in the segment of digital watches and started
to design new products.
Really, Apple,
Google, Microsoft, Facebook and Amazon are the “stars” of a New World, a world that is changing drastically the
behavior of the individuals, the society and the businesses.
We have to hope that
these technology innovators contribute for the best of this New World.
-------------
Next, you can read
some of my last comments in the blog of the WSJ – Journal Community during the
last few days.
Domingo A. Trassens
Email: d.a.trassens@gmail.com
WORLD RETHINK
Rethinking the world
with you
Twitter page:
(More than 15.8K
tweets posted)
Wall Street Journal
– Journal Community page:
http://www.wsj.com/user/personalization/profile
(Domingo Trassens)
(More than 8800
recommendations received from other members since the new Journal Community
started in 2014 and 7900 in the previous JC.)
----------------------------------------------------------------------------------------------------------------
MY BLOG COMMENTS
Before a visit to North Korea, the South Korea's new president Moon Jae-in has to
re-analyze carefully the risks of this initiative.
05/10/2017 12:00:36 PM
2 Recommendations
The capitalization
above $800 billion of Apple Inc is a new “feat” of the technology company
co-founded by Steve Jobs, Steve Wozniak and Ronald Wayne. (“The world’s most
valuable listed company just got even more valuable.” WSJ).
05/09/2017 10:57:14 PM
3 Recommendations
Amazon pursues the
leadership of the niche of the smart speakers with the new Echo. Good luck!
05/09/2017 10:45:24 PM
2 Recommendations
Posted In Trump
Fires James Comey as FBI Chief
After all the last
events, I believe that James Comey had to resign for his own decision. He could
avoid that the President fired him.
Surely, President
Trump had the decision to dismiss James Comey pending, from his first day in
office, waiting for the right moment.
The former FBI
director was a dangerous man for the administration for his researches and
public declarations.
05/09/2017 10:34:40 PM
4 Recommendations
We have to hope that
Moon Jae-in doesn’t make a serious mistake when he talks with the North Korean
leader, a dictator who ordered the killing of several members of his family and
his top generals.
05/09/2017 05:09:34 PM
2 Recommendations
The Islamic State
executed a new prisoner, a Russian intelligence agent.
Without any doubt, ISIS militants are butchers.
05/09/2017 04:51:13 PM
3 Recommendations
(The former
Secretary of State, Condoleezza Rice published a book about her experience
related to Russia, North Korea and other countries in the field of foreign
relations.)
I think some of the
previous experiences of Condoleezza Rice are important to consider in the
current circumstances.
05/09/2017 10:32:38 AM
4 Recommendations
Posted In Colombia’s
Perilous Deal With the FARC
Posted In Colombia’s
Perilous Deal With the FARC
(President Santos
made a new perilous deal with the FARC. According to several sources, this
group maintains weapons hidden in secret places near to Venezuela.)
This is the
"peace" of Colombian President Santos! (The agreement between the
Colombian government and the FARC looks like a non-clean business.)
05/09/2017 01:02:25 AM
2 Recommendations
Posted In Is
an Obama Speech Worth $400,000?
The point is not if
the Obama speech worth $400,000. An American president who acted as a
“socialist” leader of the free world never has to charge this money to speak in
public.
He is more
capitalist than the leaders of the capital.
The Obama speech of
$400,000 is a clear demonstration of the fake world that we are living. This
is a new case of the leaders who fill their pockets with the ideals of others.
(By the way, Democrat
Senator Elizabeth Warren showed surprise for the $400.000.)
05/09/2017 12:30:11 AM
9 Recommendations
The control of the
parliament is a difficult task for Emmanuel Macron because his party is new and
small till now. He has to deal with others.
05/08/2017 11:56:04 PM
2 Recommendations
The Venezuela history shows that the majority of the
governments of this country were not 'democratic" in the real meaning of
"democratic". They were demagogic leaders like Chavez, Jimenez and
others....
05/08/2017 11:41:03 PM
6 Recommendations
Posted In Microsoft’s
Cloud Should Keep Rising
Today cloud
computing is important, but a technology leader cannot be only a
"cloud".
05/07/2017 10:39:18 PM
2 Recommendations
(Despite previous
announcements of retirement, the investor Warren Buffett continues in total
activity.)
Warren Buffett
cannot live without working.
05/07/2017 10:32:54 PM
2 Recommendations
Posted In Emmanuel
Macron Wins French Presidency
Macron never was the
perfect candidate, but he was the best option. His victory is the voice of the
French people saying: "We want to continue being Europeans."
Attention, Emmanuel: Please don't follow the Hollande steps! Follow the path that France needs today! Your victory will become in a serious defeat if you don’t follow the right way!
Attention, Emmanuel: Please don't follow the Hollande steps! Follow the path that France needs today! Your victory will become in a serious defeat if you don’t follow the right way!
05/07/2017 07:24:06 PM
3 Recommendations
Emmanuel Macron has
to work with Germany in different way that Hollande did. This is
the last opportunity of France.
05/07/2017 06:57:45 PM
3 Recommendations
All the American
citizens have to leave immediately North Korea and nobody has to travel to this country.
The risks of capture are extreme.
05/07/2017 03:56:37 PM
4 Recommendations
In 2015, IBM started
to talk about quantum computing. I participated in a teleconference for analysts.
At that moment, I
realized that this technology is a high jump to other computing sphere.
05/06/2017 02:27:32 PM
4 Recommendations
We have to see if
Microsoft can recover part of the educational market. During the last times, it
didn't put enough effort to lead this sector.
05/05/2017 10:05:53 PM
2 Recommendations
Puerto
Rico is going from
worse to worse.
05/05/2017 09:39:02 PM
5 Recommendations
Sad news, but the
war on terror didn't end. This is a new hero from a long list of soldiers who
dead fighting against extreme militants across the Middle East and Africa in the last 16 years.
05/05/2017 05:41:10 PM
5 Recommendations
Posted In Venezuela
Is Starving
Venezuela is not a case of communism, socialism or
other ideology. It is a "monument of the corruption" and a lot of
people who shout today are part of this corruption.
Venezuela is a country rich in resources, but the
political drama of Venezuela comes from long time ago. Maduro is the last
"spot".
05/05/2017 04:38:49 PM
9 Recommendations
It is evident that
Facebook is making a successful business, but the tech-ideology that is pushing
this company behind the scene is risky.
05/04/2017 03:32:45 PM
2 Recommendations
Kabul suicide bomber opens serious questions about
the effort made to training of the Afghan security forces. It looks that was
waste time.
05/03/2017 02:50:25 PM
2 Recommendations
---------------------------------------------------------------------------------------------------------------
SOURCES:
1) News releases and
press information from Apple, Google, Microsoft, Facebook and Amazon.
2) Wall Street
Journal, New York Times, a series of newspapers from Germany, U.K., France, Canada and Japan.
3) Own Sources: My
own research for previous publishing projects like TTT of Comlab Corp and
others.
Website: http://world-rethink.blogspot.com/
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