portland independent media center  
images audio video
newswire article reposts global

corporate dominance | police / legal

Apple: Hardware Platform For Social Media Surveillance's Stock Valuation Tops $1Trillion

Today Apple became the first US company to top a market valuation of $1 trillion.

As a leading smartphone manufacturer particularly in the United States, Apple is the primary platform and hardware surveillance tool for the NSA, CIA and FBI to spy on citizens.

Of course, consumers and citizens themselves are also complicit in surveillance by not only purchasing/leasing the mobile devices to begin with, but also as willing members and participants in social media such as Facebook, Twitter and many others.

Thanks to the iPhone's portability and ubiquitous popularity (with new versions continuously developed and embraced by consumers) the NSA's goal for total surveillance is complete.
 link to www.theverge.com

Apple is now a $1 trillion company

'A billion dollars isn't cool. You know what's cool? A trillion dollars'

By Chaim Gartenberg@cgartenberg Aug 2, 2018, 11:53am EDT

Apple has become the first US company with a market cap of over $1 trillion. This follows a jump in its stock after reporting strong Q3 earnings that saw the iPhone maker surpass both its own projections and analysts' estimates, while also making a strong forecast for its upcoming Q4 earnings.

Apple hit the $1 trillion mark early this morning when its stock crossed $207.05 per share at 11:48am ET (the stock has since dropped back down slightly). Given the volatile nature of the market, however, it's possible Apple may not stay a $1 trillion company for very long, or it could bounce back and forth over the $1 trillion mark in the coming days. It technically also isn't the first to hit $1 trillion, either PetroChina briefly reached $1 trillion back in 2007, although the stock soon fell below that mark.

But for all intents and purposes, Apple is the first US-based (and, for now, the only) trillion-dollar company on the market. It likely won't be there alone for long, though: Amazon is also on the verge of hitting the $1 trillion mark after its own positive Q3 results.





__________________




See Also

Facebook As The Ultimate Surveillance Machine
 http://portland.indymedia.org/en/2018/06/436244.shtml


"join the debate on Facebook" (and-or Twitter) Corporate Media Surveillance Trap?
 http://portland.indymedia.org/en/2018/07/436389.shtml


You Think Facebook Is Your Friend ? ? ?
 http://portland.indymedia.org/en/2015/04/429629.shtml