Is Apple really going bankrupt?

Is Apple really going bankrupt? I heard it is.

ipad apple company mac iphone bankruptcy economy ipod finance

asked Jun 05 '10 at 21:56

hijay1
113●17●22●25

retagged Jul 03 '10 at 19:13

Maeurd
1.6k●33●42●64

How can you be serious? If they're going bankrupt now, than there is no hope for any other business model.

(Jun 23 '10 at 06:14) jhagedon

is this really a question? of course not, at least not since the ipod. apple is doing quite well for them selves...

(Sep 13 '10 at 20:26) trueb

19 Answers:

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That's why they sold 1.7 millions iPhone 4s on the 5th day. Apple is the 56th biggest country, they sell an iPad every 3 seconds. They aren't going to be bankrupt anytime soon.

answered Jul 03 '10 at 18:16

AppleHack23
(suspended)

Apple, Inc. is NOT a country.

(Jul 03 '10 at 18:51) r0bErT4u

Oops sorry, when I type on a iPad, the screen jumps, it's only on lockergnome.net, I must have made a typo and it autocorrected it to country. What I intended to type was company.

(Jul 03 '10 at 19:17) AppleHack23

lol the ipad is taking over, it typed country because it revealed its evil world conquering secret (with apple!!!)!!! XD jk

(Jul 03 '10 at 22:36) MPX_4132

Lol, nice autocorrect! Apple is taking over the world. It's a country now :P

(Jul 04 '10 at 06:19) Mihkel

The chance of Apple going bankrupt any time soon is about the same as an apocalypse happening next Tuesday.

answered Jul 03 '10 at 19:05

Maeurd
1.6k●33●42●64

edited Jul 03 '10 at 19:06

And given Apple's love of announcing updates on Tuesdays, if it ever does fold, it will most certainly do so on a Tuesday. ;-)

(Jul 03 '10 at 20:50) ageekmom ♦

No they are actually bigger than microsoft now, in terms of market share

answered Jun 05 '10 at 21:56

FilipinoPower
13.0k●135●219●313

Correction: Market Capital. Msft is BY FAR the leader in market share (at least in software). The reason Apple IS so big is because they branched away from computers and focused on personal devices (hardware AND software) while Microsoft stayed with software.

(Jun 23 '10 at 01:56) Tokkemon

Market capitalization is nothing more than the combined value of all shares outstanding. It has nothing to do with the company's size.

(Sep 13 '10 at 16:17) Victor

I am not an ipod user anymore i did have a 30gb ipod and sold it for entrance into school and later bought a zune.

answered Jun 05 '10 at 21:57

Rubikon81
15●1●1●3

I want a Zune but it costs like a Mac compared to iPods.

(Jul 03 '10 at 19:35) Luke oX

@Luke oX: uhhh, a Zune HD 16GB costs $200, the same as an Ipod touch with only 8GB.

The 32GB zune HD costs $269.99, and the ipod touch 32GB costs $300

The 64GB Zune HD costs $349.99, and the ipod touch 64GB costs $400

(Jul 03 '10 at 22:17) xforever1313

Why did you have to sell it for an entry to school?

(Sep 13 '10 at 19:46) DanielHep

That is ridiculous. About 10 years ago they were going to, but today they are doing just fine. In fact, it is estimated that they have more money than Microsoft!

http://www.cnbc.com/id/37362611/Apple_Surpasses_Microsoft_in_Market_Cap

answered Jun 05 '10 at 21:58

rrm74001
2.8k●38●56●81

edited Jul 03 '10 at 19:43

Maeurd
1.6k●33●42●64

Apple is WORTH more, but Microsoft still has far more money worth in assets and cash than Apple.

All of that information is in the public record through SEC filings.

(Sep 13 '10 at 16:17) Victor

Look at the iPod, iPhone, and iPad. I can tell you that if you surveyed people that had one of those devices compared to a Zune for example, the ratio would be probably around 100:1. How can you tell me that a company that good is going bankrupt?

answered Jul 03 '10 at 18:06

catchatyou
20.7k●89●165●383

0	Apple, Inc. (NasdaqGS: AAPL) was pennies under $3.50/share back in September 1984. On Friday, July 02, 2010 the stock last traded at pennies under $250/share. Here's a link to an almost 26-Years of AAPL > AAPL GRAPH answered Jul 03 '10 at 18:49 r0bErT4u 31.0k●513●672●938

0	No Way. Apple has a lot of money in there wallet which they can do anything with. Such as buying companies like Lala or the ad company they recently bought. answered Jul 03 '10 at 20:43 Joelg88 35●3●3●7

0	Neither Microsoft nor Apple is going bankrupt any time soon. Both are successful in their endeavors. answered Jul 03 '10 at 22:19 xforever1313 2.5k●4●14●40

0	Apple's products are extremely successful at the moment and it seems like they will continue that trend for the next few years barring any major unforeseen events. answered Jul 03 '10 at 22:23 asaens 31●2

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Asked: Jun 05 '10 at 21:56

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Last updated: Sep 13 '10 at 20:26

Is Apple really going bankrupt?

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