"Apple nears incredible milestone, coming just shy of $100 billion in cash on hand. Hoard is worth more than all but 52 companies on Earth." So everyone else owning a company, in hundreds of nations, should just give up, eh? And are many of those 52 tech firms, or is it all old-school manufacturing or oil industry? That would be more illuminating.
Apple sold more iPhones per day than babies were born. That’s pretty impressive, and means Junior should line up for his iPhone right now! Until you remember that maybe Lego sold more than that, or that the number of toilet rolls sold each day could reach the moon and back (or other equally odd comparisons).
"Apple now worth more than projected Singapore economy (318 billion) in 2016." Okay, which means it beats Singapore’s economy already…Unless the small nation’s economy is in some kind of decline? Which is clearly not the case.
"$AAPL’s cash is worth 2,000 tons of gold. (please forgive me @Morgan_03)" Call in Scrooge McDuck—we’re ready for some cash pile diving! But since a ton of gold is a cube just over 14 inches on a side, it wouldn’t really be that big a pile.
Apple’s profits are also about 30% bigger for the last quarter than Google’s entire revenue.
“Let me put it like this. The technology behind Megaupload and RapidShare may be similar, but this is also true for the technology of Microsoft’s SkyDrive or Apple’s iCloud, which is not too different from what RapidShare is. It’s uploading a file, and accessing it over the Internet, or even sharing at certain times with friends. The business from an ethical standpoint is really similar.”—RapidShare attorney and spokesman Daniel Raimer, in Fast Company.
“One survey, by Opinion Research, shows that “61% of respondents said they had checked online reviews, blogs and other online customer feedback before buying a new product or service,” and a similar 2008 study commissioned by PowerReviews showed that “nearly half of U.S. consumers who shopped online four or more times per year and spent at least $500 said they needed four to seven customer reviews before making a purchase decision.” So persuasive are the opinions of others that while many of us are well aware that roughly 25% of these reviews are fakes written by friends, company staffers, marketers, and so forth, we purposely overlook this. We’d rather not think about that. And, frankly, we don’t seem to care. As the Times of London points out, we are born to believe, in part, because a collective belief helps us to bond with others. In short, we want to trust in these messages, even when we may also be deeply skeptical.”—From Thou Shalt Covet What Thy Neighbor Covets, by Martin Lindstrom.
“When asked about revenue, Karp noted that whilst the company could immediately run Google Ads on its pages, the team is looking to experiment with ways to boost revenue, especially now the service is more than 5 years old. He says that over the next couple of years, the company will experiment with novel approaches to revenue, coming up with a revenue stream that is “really beneficial to the community”.”—Tumblr now serving 120m people, 15 billion pageviews a month, from TNW
“We know story. However, it’s the ‘telling’ of stories that is becoming ever more complex and ever more exciting. This is because we have seen two massive shifts. One is the distribution of technology—the other is the distribution of creativity. Everyone is a storyteller, and with technology more and more people have access to tell theirs to other people all over the world.”—Jonathan Mildenhall, Vice President, Global Advertising Strategy and Content Excellence at Coca-Cola. The Coca-Cola Company and ad agency McCann Erickson are exploring the future of storytelling as the inaugural underwriters of the Sundance Institute’s New Frontier Story Lab. Read on->
“If you tell kids that they can get a book with sex in it for free, that might be enough to spark some desire for reading.”—
That’s the thesis behind Uprise Books, a nonprofit that is sending low-income students all the good books that have been banned or challenged to promote teen literacy, fight censorship, and halt the cycle of poverty.