How Apple Became America's First $2 Trillion Company: CNBC After Hours
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День томуCNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC.com technology editor Steve Kovach explains how Apple's market value grew to $2 trillion - the first U.S. publicly traded company to cross that threshold. But as the big tech names like Apple reach new heights, the underlying economy is struggling. As jobless claims rise, CNBC's Rahel Solomon breaks down which states have been approved to pay out the additional $300 per week federal benefit.
CORRECTION At 2:34, this video misspelled Colorado.
For more stories check out:
0:34 - Wall Street Scoreboard
0:55 - Unemployment Unfairness
3:22 - CNBC Soundcheck
5:06 - Apple's $2 trillion value
8:37 - Numbers Round
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@chada75 3 роки тому
Got to give it to her, She's looking less and less like an robot than when she first started.
@lairdriver 3 роки тому
She has a nice a voice
@OiynsoftCorporation 3 роки тому
it's machine learning, soon it will act just like human...
@chada75 3 роки тому
@@OiynsoftCorporation I know. She looks Less like an robot. Still a 🤖.
@Vedrajrm 3 роки тому
Loving this series, a lot of useful content
@ryanr2203 3 роки тому
that's basically all of CNBC. xD
@FinancialShinanigan 3 роки тому
I hear the printer restarting.
@Omar-em7rl 3 роки тому
i'm pretty sure it was just yesterday Apple had just surpassed 1 trillion, wtf, where was I.
@TechWithShon 3 роки тому
Actually my thought
@jevonmcpherson8054 3 роки тому
Inflation is more than likely a huge factor
@angelgjr1999 3 роки тому
What the hell... how can we let giant corporations have TRILLIONS while half of the world is starving!
@thunderslap21 3 роки тому
@@angelgjr1999 they don't have trillions the 2 trillion that their talking about is the stock market it's just what people are valuing them at
@angelgjr1999 3 роки тому
thunderslap21 churches overpriced as hell. No way is Apple that innovative.
@87channels 3 роки тому
Thanks for not putting any ads on this video :)
@kkp4297 3 роки тому
thank you robinhood traders for the $2 Trillion
@MeganHeartIsAmazing 3 роки тому
Oh we're just getting started, wait till the split!
@angelgjr1999 3 роки тому
MeganHeartIsAmazing Lol wait until the election, I’m about to bet like 20k.
@relaxatic868 3 роки тому
😂😂😂 they boosting P/E ratios to the sky. Look at Tesla
@jmula1963 3 роки тому
Jonaz Beats apple p/e is solid tho
@Ravidist 3 роки тому
Everyone realizes we're talking about Monopoly money now right? None of this is actually real. We're in Zimbabwe land now
@angelgjr1999 3 роки тому
Yup, nobody is talking about the 45 million unemployed. Nobody talks about how the US government lost 6 trillion dollars bailing out the stock markets. We the people got a laughable 2 billion on stimulus checks.
@filippkhan3935 3 роки тому
No we’re not lmao. That’s not how economics works homie.
@Striker50_ 3 роки тому
@@filippkhan3935 Pick up on the exaggeration pal
@filippkhan3935 3 роки тому
Striker 50 Pick up an econ book. Or just look at the CPI. The issue is not inflation, it’s deflation.
@darrendube7379 3 роки тому
🇿🇼🇿🇼🇿🇼
@CRVgarage 3 роки тому
Love this program. Keep going.
@adityapatnaik6079 3 роки тому
Sigalos is the best reporter out there !
@mojomiah8 3 роки тому
Love this video, educational 👍👍.
@letrat7021 3 роки тому
6:05 when i see such charts i think bubble
@ashwinikendhe6395 3 роки тому
CNBC logo is like Huawei ,is this correct 😅😅
@raysonlogin 3 роки тому
Comparing market cap to annual GDP, what's the point?
@IReapZz95 3 роки тому
And they say apple doesn’t employ monopolistic policies now with the issue they are having with epic.... you don’t get there without employing monopolistic policies and doing very shady things. They are already trying to boost services by working on their game subscription and blocking cloud x service from microsoft from entering the apple store
@RicePho 3 роки тому
How? By not fken paying tax and paying slave labor wages to 3rd world country to make their product while jacking the price up 3x its worth.
@mr.nmoney3554 3 роки тому
I looked at 6 funds thru fidelity 3 of which are supposed to have NOTHING to do with tech, but ALL 6 funds invest in apple. That’s how apple keeps growing. Imagine if you have a company and every fund, 401k, and advisor keeps investing in you. Thousands millions billions steadily coming in
@rapidfiremuzik_official 3 роки тому
When they say "2 Trill", is this money that company actually "has" or is actually "worth"??
@wholelottapain8130 3 роки тому
Value because when you buy a share of Apple you giving the company value. For example if you multiply the stock price of apple which is currently at the moment $473.10 by how many shares exist you will get the number 2 trillion
@lu881 3 роки тому
Up until this point: 5:16 , I had no idea how "trillion" was spelt.
@bkco 3 роки тому
Where's Colorardo? 2:36
@TitanTubs 3 роки тому
Wow I hadn't even noticed
@spacet1me 3 роки тому
Start using UKposts's news checkpoint in the seek bar.
@ps-zp6mr 3 роки тому
*This is clearly a sign of disaster if a company can get this much overvalued in a recession*
@IFearlessINinja 3 роки тому
I mean not really. It's just a result of government low interest loans which is keeping the economy from collapse on all fronts
@ps-zp6mr 3 роки тому
@@IFearlessINinja it means the crisis will me more severe as debt will keep on increasing
@jmula1963 3 роки тому
not overvalued
@harikrishnae 3 роки тому
I am still happy with out using products from most valuable company till date! is there anything seriously wrong with me?
@michelleclark8099 3 роки тому
Government Welfare. Free Grants. IRS forgiveness. Lobbyists. Prejudiced laws. Favors. Insider data. Favorable court rulings. Need I continue????‼️
@Xx-po1fu 3 роки тому
If you buy Apple stock all that money made from your list will go into your pocket.
@michelleclark8099 3 роки тому
X x That’s a broken window argument. Hopefully you will be able to eat it as this Depopulation event continues. That wave 🌊 is coming and apple stock can not save a regular person. As the rich get richer and richer, while you discuss hypotheticals with WeThePeople.
@joepan7232 3 роки тому
@@michelleclark8099 at this point i guess this company is too big to fail unless there's some sort of miracle. But hey, there's just a lot of stupid ppl and dumbasses who think having a stupid apple product is an achievement
@heinrichklaus5717 3 роки тому
Does that mean I would have to sell my shares in Apple?
@emreaayd 3 роки тому
U mean Colorado not Colarardo
@bajaculturista1210 3 роки тому
Is Colorardo the 51st State? (2:38) LOL!
@pheapkim978 3 роки тому
Ripping people off with prices I didn’t need to watch the video to know this
@deoguinsatao209 3 роки тому
Hi good evening
@leagueplays2100 3 роки тому
dividends companies or apple? what do we think chat?
@ricnyc2759 3 роки тому
That's more than the economy of Brazil. I don't believe that number has any acceptable explanation.
@chrisv1251 3 роки тому
Having an offshore tax shelter helps
@karthiktalluri9481 3 роки тому
Now Apple has a valuation almost double that of google
@DCM9361 3 роки тому
why is everyone getting his name wrong, trump told y'all it's Tim apple lol
@ab3040 3 роки тому
Wait what? Didn't they just pass $1 trillion and during a pandemic? WTF?
@Jay-jb2vr 3 роки тому
Pandemics don't stop people from buying iPhones
@ab3040 3 роки тому
@@Jay-jb2vr but if they don't get pay checks...
@Jay-jb2vr 3 роки тому
@@ab3040 still doesn't stop them
@ab3040 3 роки тому
@@Jay-jb2vr I mean if you mean physically prevent them from going to the store then no. But yes it does stop people from buying phone.
@Jay-jb2vr 3 роки тому
@@ab3040 no it doesn't. Online orders and phone stores are open now
@shubhankardasgupta4777 3 роки тому
TEAM Android GEAR UP!!!
@ntag411 3 роки тому
The title was how Apple is worth 2T, what's with all this other stuff? Covid-19, employment comp, Uber, Lift, what the blank does this have to do with Apples 2T dollars?
@thunderslap21 3 роки тому
Apple is definitely a valuable company but in my opinion is also way over priced all things considered. There are real threats to its profits like epics lawsuit which there is a serious chance they might win because lawmakers are already looking for an excuse to break them up. Plus if corona virus continues forget production stalls how many will actually buy a new I phone if they're jobless or fear being jobless. Most will probably hold on to their old one an extra year or two longer
@maoss40 3 роки тому
2 trillions company pay no tax
@simply6162 3 роки тому
They pay a lot of taxes
@maoss40 3 роки тому
@@simply6162 yes to us is lot of money, but for 2 trillions company they not paying what they should.
@mfax1000 3 роки тому
@@simply6162 - Prove it. If bcc Amazon and Walmart pay $0... Apple ain't paid shyt
@simply6162 3 роки тому
Maggie Monroe broooo apple had to pay alot of taxes they are biggest tax payer in the world in fact
@simply6162 3 роки тому
maoss40 u don’t wanna know how much they pay in taxes believe me . The amount is enormous in fact I think they are overpaying in taxes and should be made a exception . They have contribute to US country so much I feel bad for them
@ashwinghadvir9109 3 роки тому
I love my girl Mackenzie
@michelleclark8099 3 роки тому
Behind every fortune is a great crime.
@geneisxincuenta9447 3 роки тому
Not starting earlier or quitting too soon... Agreed!!
@deoguinsatao209 3 роки тому
HI there
@AkoKyle 3 роки тому
About AAPL hitting $2T and onward, can't forget about 5G in coming iPhone cycle 👍
@Analytical_Thinking 3 роки тому
Worlds First not only America's First...
@KS-cl8br 3 роки тому
It's an American based company
@SamA-ho8uj 3 роки тому
Bubble bubble...economy in big trouble!
@stevenyia2778 3 роки тому
Love your Pessimist glass half empty mindset 😏😒
@BernardN 3 роки тому
Up and up we go. Where is the top, no one knows...
@SimpleStrategy 3 роки тому
2,000,000,000,000 that’s a lot of zeros!
@Blackmenace7 3 роки тому
Planned obsolescence. Half that value is in New "charger dongles and headphone thingies" as my father would say.
@TheOtherBill 3 роки тому
And highly over priced.
@llydrsn 3 роки тому
Also registering your business and building your factories in the right countries
@KPAU07 3 роки тому
Apple = 10% of US GDP?
@auro1986 3 роки тому
cnbc, hire them if apple won't
@rogerwhite8061 3 роки тому
If Apple can make it to two trillion, Amazon should be right behind.
@memeablememes7652 3 роки тому
So you don't know
@Hassaan911 3 роки тому
FF to 5:10
@PsyQoBoy 3 роки тому
Lol you think it's a bubble. If it's a bubble then this should be the lowest atm. I'm hedging my bets that the market will gain 20% by the end of the year from now.
@rathyummycookingvlogs9671 3 роки тому
Amazing to be the number one company in the world.
@rajeev3983 3 роки тому
Clickbait
@CaseyBurnsInvesting 3 роки тому
Reason: 🖨 + 😷
@user-hc7qb6zy5x 3 роки тому
What
@EddyGraphic 3 роки тому
Bae Kenzie
@tinashe3753 3 роки тому
If apple sell half of its stock then it can buy all Spain economy. But is it really possible
@ibnawf112 3 роки тому
... Its worth 2 trillion on paper, not real value
@ryanexx5250 3 роки тому
#OurUKposts
@sartajhasan4627 2 роки тому
I live in india
@folo8401 3 роки тому
Let Apple Payoff our debt.
@FirstLast-ht4zk 3 роки тому
By charging 2X compared tothe competition and the idiots paying whatever Apple charged for their devices.
@user-dw2nu2sq5t 3 роки тому
I've worked DoorDash almost 3 years. Never once have I wanted to be classified as an employee. Bosses, Schedules, Quotas? No. If I wanted that I'd get a traditional job. Maybe ask what the worker wants and not just assume.
@ohallooo6459 3 роки тому
heloo
@matthewrivers8153 3 роки тому
Easy. Apple sheep keep buying the same product over and over
@lucaalessio1875 3 роки тому
Telsa be like my stock jumped 20% apple I am worth 2trillion
@MKgripsH- 3 роки тому
Tesla is the future, hold on.
@lolwtnick4362 3 роки тому
@@MKgripsH- tesla is a niche fad. even Elon says hes bored with it using that money to fund other projects
@someonehere8280 3 роки тому
How? I know how, they took more than half of incomes for apps in there play-store 😂 lol jk, but seriously tho they couldn’t take less than 10-3%?
@1200steven 3 роки тому
Reason 'brrrrrrrr'
@babytrinidad640 3 роки тому
Invest in Roku ukposts.info/have/v-deo/hXaAqK-DqaB0s6s.html
@AllPureSkill 3 роки тому
Hopefully they make something else soon!
@jeffersonjaca199 3 роки тому
Lol
@mridulkanti1995 3 роки тому
Chinese funding are in raise nowadays. They know their market domination is over. 😁
@harieaum 3 роки тому
Any indian ?
@Stoneface_ 3 роки тому
No g. How are you doing?
@Ihavetoreturnsomevideotapes 3 роки тому
*People are just using their unemployment check to buy iPhones*
@motherofoblivion7497 3 роки тому
Chinese COUGH!! women COUGH!! COUGH!! jumping off buildings in apple sweatshops COUGH!!
@zepcrazyfre 3 роки тому
Damn *’Rebel Solomon’* was so fine😍😍😍 and seriously I thought Mackenzie was an CGI not an actual person in the very first video I’ve seen her in smhlmao
@Stoneface_ 3 роки тому
Rahel Solomon not Rebel Solomon
@zepcrazyfre 3 роки тому
Balla Jallow I have a bong in front of my TV so yea...good looking out...
@chiragarora2827 3 роки тому
I bet Steve Jobs would never have been able to do this.
@lairdriver 3 роки тому
I feel like Apple is being swept up with this big market rush. I can't see it actually being worth ,$2 Trillion. It feels like it's inflated.
@kkp4297 3 роки тому
so many butthurt folks didn't get into the aapl stock.
@ryandarko2115 3 роки тому
Apple will die eventually yaaaaaawwwwn they’re not going to adapt
@IFearlessINinja 3 роки тому
Yes you clearly understand more about tech than a company worth 2 trillion dollars. Thank you once-in-a-generation genius of the youtube comment section
@ryandarko2115 3 роки тому
IFearlessINinja plus they’ll be attacked and eaten away by google and other competitors
@pagogo84 3 роки тому
They haven't brought anything new since iPhone, and don't even mention Apple TV, that's not a new thing. They're so behind on streaming biz. Great time to sell Apple stock. Cash out now!
@jerryseinfeld5713 3 роки тому
It still blows my mind that so many Android fanboys infest the comments on any “pro Apple” video. I’ve owned both phones over the last 5 years and iPhones are easily better. Incredibly rare that an app crashes or that there’s any lag. It just “feels” so much better to use. Android sucks.
@Jay-jb2vr 3 роки тому
Doesn't Apple send a bug to iPhones everytime a new iPhone comes out?? Just so people get compelled to "upgrade" to a new iPhone
@lolwtnick4362 3 роки тому
@@Jay-jb2vr yes planned being obselete to force new purchases. i love how apple fanboys are still crying that its better yet still cant get market share.
@Jay-jb2vr 3 роки тому
@@lolwtnick4362 Right lol Android has like 90% market share
@AdamDawoodjee3 3 роки тому
Oh please. The value has nothing to do with Apple's value proposition. Toto bs
@rd9102 3 роки тому
How Apple became the first $2 Trillion dollar company. Step 1: find people that don't understand value metrics and get them to pile in. Step 2: in conjunction with this debase their currency that they don't pay attention too at all. Step 3: watch the hilarity ensue as people make video's about things that don't matter like the first $2 Trillion dollar company. Step 4: pretend all is well because the "market" is at new highs...while only a handful of stocks (all at ridiculous valuations) go up and the rest of the market doesn't move.
@concernedcitizen6577 3 роки тому
Apple products are overrated on a grand scale, there are much better value proposition out there. -- Silicon Valley Engineer.
@jerryseinfeld5713 3 роки тому
No they aren’t, lol. The iPhone 11 cost $700 at launch and obliterated the comparable $900+ Samsung Galaxy in terms of performance, speed, and overall UI felt buttery smooth. I’m guessing you’ve only owned Androids and are blindly defending them. Anyone who has owned both phones will tell you iPhones are better. And absolutely a better “value proposition”.
@lexluthor4156 3 роки тому
Better value propositions? Here, we call them National Security Risks. -- Washington politicians.
@maven8653 3 роки тому
Apple is trash
@paulwilliams2024 3 роки тому
Concerned Citizen you’re not a Silicon Valley engineer , because if you really are you’d know that comment isn’t remotely true
@paulwilliams2024 3 роки тому
Matija Erdeljic no it’s not
HUGA
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