#Apple closed on Friday with a $3 trillion market cap. That's greater than most major European large-cap stock indices. It's $500 billion more than #Microsoft. It's also larger than #Amazon and #Alphabet combined.
That's insane!
Ironically, the FT reported this morning that Apple has been forced to make major cuts to Vision Pro headset production plans. That's perhaps not a major revenue generator, but it might be in their future.
So what is behind this rise? Some suggested that Apple's supply chains have recovered, hence the bounce back. And there is also a growing market in India for their products – a nation of over 1.4 billion people. I heard one idea that Apple is a safe haven for tech investors because it is so stable and cash generative... hmmm!
I'd love to hear your thoughts on this story.
Music: Kids Kids Kids by Ooyy, Epidemic Sounds
#Investing #Technology #Equities
Job/life update: Today is my first day as the Assignment Editor for Visual Capitalist! That means more content, more writers, and more (hopefully) good coverage!
We had so many excellent data viz submissions for @VisualCap's first Creator Program Challenge that it was hard to pick just a few for the shortlist, but eventually we managed to narrow it down:
https://t.co/4CPjMvddbw
It's finally done! A year and a half of work completed. I said this would take months of colouring (and it probably should have), but I got obsessed with finishing this and spent between 5-8 hours a day working on this for the last couple of weeks. (1/2)
@uytaelee I think you should use Net Loans to calculate instead of Gross Loans, but otherwise that's correct as a % of loans in Canada. % of total is on the right, 28.7% in October 2022
@intothemelwoods Extremely role/beat dependent. Some of our designers and researches are ONLY on LinkedIn and not at all on Instagram or Twitter, and vice versa for others.
NEW: Explore the history of global warming shown in NASA data, 1880-2022, across the planet, with this interactive globe and chart
https://t.co/6sCuRLm2pW
@CedScherer@VisualCap@JamesEagle17 Indeed most people would buy a smartphone even without a camera, but there's been a clear replacement of casual camera purchases by smartphones.
A shoutout to the creators featured on our Top Visualizations of 2022! @sundellviz @budassiuniverse@undertheraedar@chartfleau
https://t.co/I7IgElX8eo
And another shoutout to the many incredible creators and posts we didn't have room for on this year's list.
@DipikaKadaba We were linked this recently and I have to agree that it is great, effective, and indeed heartbreaking.
If you're interested it would make an excellent submission over at @VisualCap for the Creator Program.