Jump to content

Apple and the Widow


Mel Hopkins

2,864 views

 

One Trillion Dollars! Earlier this month, Apple executives announced their 42-year-old company is worth One trillion dollars.

 

For those unsure how to write one trillion dollars, there is a one followed by 12 zeros.  

 

Today, some believe Apple changed the world with its products. Still, there are quite a few who get along fine without Apple.  For the rest, the company is a game-changer.   

 

 Apple went public in 1980, and for $22, anyone could buy a share.  During the company's initial public offering, a middle-aged professor, who taught at a university in Brooklyn, bought a few of the more than four million shares available. He encouraged a young widow who'd just inherited a half-million dollars to buy some too.  Her goal was to leave a financial legacy for her children, their children, and generations to come.  Not knowing much about the stock market or IPOs, she was skeptical about making a purchase.  

 

She passed on the offer. Instead, she kept her money tied up in real estate and her family.  She thought that would be a safer deal. It wasn't.   Today, most of her family is gone.  She and the bank own her one home.  

 

There are a lot of reasons, why she isn't wealthy today but mainly it's because "we become what we do."  

 

There can be hundreds of articles on how Apple hit trillion dollars in valuation.  The reason is this; Apple is run by people whose goal is to make money by any means.    

 

So, if you find you're in a place far different than you'd envisioned for yourself. 

 

Stop doing what you've always done. 

 

Lose the fear and make money whatever it takes to allow you to live your dreams.

9 Comments


Recommended Comments

Part to the end of this article is what I would had written otherwise, you wrote: 

"The reason, however, is this; Apple is run by people whose goal is to make money by any means.    

So, if you find you're in a place far different than you'd envisioned for yourself.  Stop doing what you've always done.  Lose the fear and do whatever it takes to allow you to live your dreams."

I would had rewrote the last line:"Lose the fear and do whatever it takes to allow you to live your dreams." as "Lose the fear and make money whatever it takes to allow you to live your dreams."

I know just one simple part. But, when you talked about apple's fiscal profiteering,  your point  is true. The USA or the european colonies that preceded it,financially,  is a place for money makers. From those early whites, to the white murderers to red folk or enslavers to black, to later yellow or black folk in the fiscal illegal world, money making is the way it happens in the u.s.a.. Labels and rank don't have a value that you may find in parts to europe/africa/asia. I think sometimes people in the usa, do not speak bluntly enough to that. That is how donald trump went bankrupt three times but and came back financially from each. 

  • Thanks 1
Link to comment
4 hours ago, richardmurray said:

"Lose the fear and make money whatever it takes to allow you to live your dreams."

 

@richardmurray  Thank you!  That is a dang good edit. 

 

It is actually what I was thinking but chicked out, afraid to put the emphasis on money. Clearly, my intent came through.  You are correct.  Making money is the American way, sadly.  But still I was being disingenuous not following through with the true intent of the commentary.  So, thank you for calling it out.   I actually made other edits to complete the thesis.
 

4 hours ago, richardmurray said:

That is how donald trump went bankrupt three times but and came back financially from each. 

 


Also please elaborate on what you mean here about DT - I think I understand what you implying but I don't want to miss out on the spirit of your observation. 

Link to comment

@Mel Hopkins Everyone,I repeat everyone, in the usa is in a mental conditioning program to suggest merit not making money is the key. My pleasure, but we all suffer from that. As someone who prefers efficient municipal structure, I do not know how many time I spoke truth to inefficiency in the usa /nys/nyc municipal structures when in truth i wasted and still waste my breath; cause said systems are not meant to be efficient but tools for those who have the most money to control. The true answer is always in the usa, very simple. Make money and do what you want. Crude, inefficient, non sustainable but that is the way in the usa. 

 

When DT :) first went bankrupt who saved him. new jersey and the banks led by goldman sachs who held his real estate transactions as well as alot of atlantic city property. If DT went bankrupt the first time, like many fiscally common folk <red/black/white/or other or any> Atlantic city would had plummeted in value and caused a severe depreciation in the banks. Whom we all learned later had too many DT -esque deals they were holding which is why the federal elected official class  did to the banks what the banks side the elected officials class from the state of new jersey did to trump, made the later too big too fail. Sequentially, Donald trump did not strictly go bankrupt the first time and the last two were mere repetitions to the first. DT calls it the art of the deal when it is simply modern global fiscal capitalism. People who have money are deeply connected and will protect each other's finances to protect each other's finances. I don't know what they gave obama/clinton/emmanuel/et cetera for that blank check but they all paid when trump was elected as president. the party of lincoln party elders lost leadership to a man who has allegiance to nothing but his personal benefit. the party of andrew jackson was exposed as internally deeply dysfunctional. Returning, DT's fiscal condition is about protectionism from the fiscally wealthy and people do not admit it, though it was said enough to be common knowledge. We all know the truth behind DT yet we do not say it. We all know the truth behind the too big too fail but we do not admit it. Obama himself talked about the system falling down. that is a lie and we all knew. the banks falling down side all but one from the major usa car companies falling down would not had caused chaos. but it would had deleted many fiscally wealthy people's finances. And, those people used their money or power from money to maintain their fiscal wealth. Does it mean the banks or car companies are educated? how educated are the people in the banks in the center to the global empire when they have every advantage to make profit while be stable and failed? how educated are the people in the car companies when they  are in the center of the global empire and yet fail to make a cost efficient technically superior automobile? How many people in the banks or car companies merited their job or were given their job? Many people allude to merit to everything else but having money and being cutthroat or coercive to keep it, no matter what. 

  • Thanks 1
Link to comment

:) true @Troy 

 

Just today @Mel Hopkins the mayor to new york city, blamed trumps election or racial biases publicity in the usa on rupert murdoch or fox news. He blames someone whose role is to make money through the media for placating how white people raise themselves in their community.  It is not murdoch's fault that he saw a mob and played to it, to make money, in the usa, where making money is the way to anything. Again, merit does not matter. De blasio today suggest a certain philosophical merit must come before fiscal profiteering when the fiscal profiteering is the philosophical merit.

 

One note, when chernobyl happened the soviet russian government had soldiers pick up the waste, all those soldiers died of radiation sickness. Over 10,000 have died from the world trade center wreckage, but if we all recall, mayor guiliani let those people ,fiscally poor people or municipal workers,pick up waste just like the soviet government did the military at chernobyl... ah welll 

  • Thanks 2
Link to comment
On 8/12/2018 at 6:49 PM, richardmurray said:

De blasio today suggest a certain philosophical merit must come before fiscal profiteering when the fiscal profiteering is the philosophical merit.

It doesn't get any "truer" than this... Except I think black people want to take the moral high ground and make money too.  I think you may have a point though. It's nearly impossible for the two to exists.   Robert Johnson learned quickly and emerged as the hip-hop era's first billionaire.

Link to comment

@Mel Hopkins not you think , you know or,at least, you are 100% correct . And, yes, I am not suggesting,100%, that making money must have criminality but I am telling that 99.9% does, not in alway straight but it does. Excellent example: Robert Johnson sold something worth more than any price long term and sold it for fiscal profit, and was glorified from like minded folk, black or non- black,  after doing it. Many hip hop artists did likewise, betraying their youth or their home life for the imagined gangster rapper imagery, that white owned corporations preferred over social critiques or artistic mobilizers. The problem is simple, define morals. Morals are not set in stone. Second, more importantly, function. Said black folk are looking to reject or deny function to remain in some ruleset, morals, while making money. At the least, that does not serve the function of making money to the best ability or serving a communities needs. 

  • Like 1
Link to comment

Making money trumps (pardon the pun) serving the community everyday of the week.  Johnson made it clear the "E" stood for "entertainment," not enlightenment or education.  The reality is that it stood for enrichment, Johnson's personal enrichment, and that is the legacy of BET.

 

 

  • Like 2
Link to comment

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...