Apple stock is going down

As a company, Apple’s had its share of firsts. On Aug. 2, 2018, the Cupertino, Calif.-based tech company cemented itself as the first U.S. company in history to be worth $1 trillion. It’s hard to remember a time when Apple wasn’t on top and leading the competition.

let me tell you some of the points about the company "Apple".
-The company "Apple" was the first American publicly traded company to hit a value of $1 trillion on august 2, 2018.
-The company "Apple" first shares went to public by 1980.
-Apple was formed by Steve Jobs and Steve Wozniak in 1971.

A BREIF TIMELINE OF APPLE AND AAPL SUCCESS.

-In 1971,steve jobs and Steve Wozniak meet. The two formed a freindship over their loved and electronics.

-In 1976, Jobs and Wozniak formed the company named after "Apple". The origin of the company’s name is hotly disputed; Wozniak said the name came to Jobs as the two were driving and neither could think of a better name. The same year, the Apple I computer debuts. Now a collectors’ item, the original Apple I — of which only 200 were built — sold for $666.66.

-In 1980, Now "Apple" goes public. Shares of Apple began trading on December 12, 1980, opening at $22 a share. On that day, Apple boasted a market cap of $1.2 billion.

-In 1985, Steve Jobs and Wozniak leave "Apple". After surviving a plane crash in 1981, Wozniak took a leave of absence, briefly returned, and then walked away in 1985. As for Jobs, he was ousted by the board of directors in an apparent coup. The company’s leadership instability resulted in the stock falling to below $2 per share.

-In 1997, Steve Jobs returns and Jobs was brought back as interim chief.

-In 1998, The first iMac is unveiled. Jobs introduced the colorful and translucent desktop less than a year after steve jobs returned to the company.

-In 2000,According to a press release, Power Mac G4 Cube is released. The computer, which was less than a quarter of the size of most PCs as the time, packed performance into an 8-inch cube.

-In 2000,According to a press released, Mac OS X operating system is unveiled. Over 100 developers had pledged their support for OS X, including Adobe and Microsoft.

-In 2001, iPod debuts. Commuting, running and errands all changed when the digital music player entered the market. Apple didn’t invent the first portable MP3 or music player; it created the first wildly successful one.

-In 2007, The iPhone debuts. The mobile device signaled the beginning of the mobile revolution. The iPhone was the best-selling tech product in 2017, ten years after its launch, USA Today reported.

-In 2011, Tim Cook becomes CEO after Jobs resigns. The same year, Jobs died of pancreatic cancer. During the change in leadership, annual revenue had reached $110 billion, the stock was at roughly $380 per share and Apple’s market capitalization had reached $360 billion.

-In 2014, Apple stock splits. AAPL share prices dropped from a prohibitive $645.57 to about $92.44. 

-In 2015,  Apple unveils Apple Music. The subscription service for listeners to stream Apple’s catalog of music and a live radio station, and interact in its social network.

-In 2016, Apple catches the attention of Warren Buffett. Buffett is notorious for shying away from technology investments. Still, Berkshire Hathaway, Buffett’s investment company, bought more than 9.8 million shares during the first quarter of 2016, CNN Money reported.

-Finally In 2018: Apple hits $1 trillion.


           Apple Is Worth One Trillion Dollars, but Not for Very Long

 Keep in mind we have no clue what Apple is working on deep in its spaceship Cupertino campus. Apple at $1 trillion is a stepping stone to the 15 or 20 year march to a $2 trillion valuation for the company.Robot dogs? Autonomous flying bikes? An iPhone that is solar, wind and motion powered? The point is that Apple has done more than enough to assign it an even higher price to earnings multiple based on a robust stream of future earnings.

In fact, cramer says that Apple's valuation could end 2019 at $1.4 trillion. It's quite meaningful that Only $600 billion away at that point. Meanwhile, great column by our Jim Cramer on Real Money on Apple one trillion.