[Reuters] Apple breaches $1 trillion stock market valuation
Apple breaches $1 trillion stock market valuation
Apple Inc on Thursday became the first $1 trillion publicly listed U.S. company, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications.
“Financial returns are simply the result of Apple’s innovation, putting our products and customers first, and always staying true to our values,” Cook said in a memo to Apple’s more than 120,000 employees on Thursday.
Started in the garage of Co-founder Steve Jobs in 1976, Apple has pushed its revenue beyond the economic outputs of Portugal, New Zealand and other countries. Along the way, it has changed how consumers connect with one another and how businesses conduct daily commerce.
In 2006, the year before the iPhone launch, Apple generated less than $20 billion in sales and net profit just shy of $2 billion. By last year, its sales had grown more than 11-fold to $229 billion - the fourth highest in th S&P 500 .SPX - and net income had mushroomed at twice that rate to $48.4 billion, making it the most profitable publicly listed U.S. company.
Apple’s stock has risen over 30 percent in the past year, fueled by optimism about the iPhone X, launched a decade after the original. Also propelling Apple higher in recent months was Apple’s announcement that is earmarked $100 billion for a new share repurchase program.
“The markets are starting to recongnize the value of its platform and services more and more, and that’s what is being reflected in the increase in market capitalization.” said Brad Neuman, director of Market Strategy at Alger, a growth equity asset management firm in New York City.
The property has a valuation of $1.6 billion. 那处房地产估价为16亿美元.
Shares in the exchange were publicly listed but in 2007 the government disclosed that it had 6% of the openly traded shares, making it the largest owner. 该交易所的股票已公开上市，但2007年，政府披露，政府拥有该交易所公开上市股份的6%，成为该交易所最大的股东.
- crown:(v) [kraʊn] 使某事完成; 實現或圓滿結束; to make something perfect of complete, by adding an achievement etc back
a long career crowned with a peaceful retirement. 以平静的退休生活圆满告终的漫长的职业生涯
Higher salaries help to fuel inflation. 工資提高刺激了通貨膨脹.
- ubiquitous:(a) [juː’bɪkwɪtəs] 無所不在; 隨處可見; common; back
Coffee shops are ubiquitous these days. 如今好像到处都是咖啡馆.
- transform sth from A into B: 將某物從 A 轉換成 B. back
The ability to transform data from one format into another is one of the core functional features of an Enterprise Service Bus. 将数据从一种格式转换为另一种格式的能力是企业服务总线的核心功能之一.
- niche:(a) [niːʃ; nɪtʃ] 針對特定客戶的; 細分的; 專營的; relating to selling goods to a particular small group of people who have similar needs, interests etc; back
Many media experts see such all-news channels as part of a general move towards niche marketing… 很多传媒专家把这些纯新闻频道看作是朝着细分市场这一大势转变的组成部分
- powerhouse:(n) [‘paʊəhaʊs] 強大集團組織; 強國; an organization or place where there is a lot of activity or where a lot of things are produced; back
Europe’s industrial powerhouse 欧洲的工业重地
- span:(v) [spæn] 橫跨; 遍及 back
The Mongol Empire spanned much of Central Asia. 蒙古帝国跨越中亚的许多地区.
His knownledge spans many different areas. 他的知識廣博遍及多個領域.
a career which spanned nearly 60 years. 持续了差不多 60 年的职业生涯
Our goals need other people to help us along the way. 在我们向着目标前进的途中需要别人的帮助.
Along the way, the map of my life got better. 一路走來, 我的人生地圖越來越精彩.
I prefer to take my time and enjoy the scenery along the way. 我喜歡花時間享受沿途的風景.
- conduct:(v) 實施; 執行 back
It was the first time that I had conducted business in Brazil. 那是我第一次在巴西做生意.
We are conducting a survey of consumer attitudes towards organic food. 我们在进行一项顾客对有机食品态度的调查
- commerce:(n) [‘kɒmɜːs] 商務; 商業 back
Commerce enriches a nation. 商业使一国富足.
- shy of:(v) [ʃaɪ] 未達到; 不足; 不夠 back
He died two days shy of his 95th birthday. 他在离95岁寿辰仅差两天时去世了.
Then 22 and only a semester shy of graduation, he contacted the American colleges that had accepted him to graduate school. 那时候只有22岁还有一学期就毕业的他联系了已经接受了他做研究生的美国大学
- -fold:(a) [fəʊld] …倍的; a particular number of times back
The value of the house has increased 4-fold. 房价涨到了原来的四倍
- mushroom:(v) [‘mʌʃruːm; -rʊm] 快速生長; 迅速增長 back
New housing developments mushroomed on the edge of town. 城郊新住宅区雨后春笋般地冒出来.
Its debt mashroomed, and global banks pulled back from advising the company last year. 去年, 他的債務激增, 全球銀行也退出了該公司的顧問業務.
- optimism:(n) [‘ɒptɪmɪz(ə)m] 樂觀主義; 樂觀 back
I don’t share his optimism about our chances of success. 我对我们成功的希望不像他那样乐观.
- propel:(v) [prə’pel] 推進; 驅動 back
a boat propelled by a small motor 由小马达驱动的小船
He took her arm and propelled her towards the door. 他抓着她的手臂，推着她向门口走去.
- earmark sb/sth for sth:(v) [‘ɪəmɑːk] 用作特定用途 back
85% of foreign aid is earmarked by Congress for specific purposes. 85%的外援物资被国会指定作特殊用途
- share repurchase: 股票回購 back
market capitalization: 市值 back
capitalization:(n) [,kæpɪt(ə)laɪ’zeɪʃ(ə)n] 資本總額; 資本化 back
growth equity asset management firm: 成長型股票資產管理公司 back
equity:(n) [‘ekwɪtɪ] 股票; 股本 back
Do you plan to go for debt or equity financing? 你是打算进行债务融资还是股权融资？
Officials worry the weak equity market couldn’t absorb such large share offerings. 官員們擔心疲弱的股市無法承受如此大規模的股票發行.
- asset:(n) [‘æset] 資產 back
the value of a company’s assets. 公司的资产价值.
a corporation with $9 billion in assets. 一家拥有90亿美元资产的公司
Instead of buying when prices recovered, he cut costs and sold assets. 他沒有在價格回升時買進, 而是削減成本並出售資產.