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When AAPL Overtook Walmart

Charlotte Henry ·

There’s been much talk in recent days, as Apple’s market cap has slipped at points to sit below the US$2 trillion mark. Cult of Mac shared a timely reminder of when AAPL first overtook Walmart stock.

At the time, AAPL was trading at $226 per share. Today, it trades at $275.43. If that doesn’t seem much of an increase, bear in mind that a 7-to-1 stock split took place in 2014 after AAPL peaked at $645. If that split hadn’t happened, Apple would now be trading at approximately $1,925. It didn’t take Apple long to catch up to market leaders ExxonMobil and Microsoft, either. In May 2010, Apple overtook Microsoft, surpassing the tech giant that dominated Cupertino during the previous decade. A little over a year after that, on August 9, 2011, Apple blew past oil giant ExxonMobil to become the world’s most valuable company. In all, it was an astonishing turnaround for a company that came perilously close to going out of business during the 1990s.

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Netflix Moves to Crack Down on Password Sharing

Andrew Orr ·

Jason Gurwin reports that some Netflix users recently began seeing warnings if the company detects you’re using someone else’s password.

We’ve heard the test right now is only on TV devices. A Netflix spokesperson told The Streamable, “This test is designed to help ensure that people using Netflix accounts are authorized to do so.” It isn’t clear if users in the test all need to be on the same IP address to be considered in the same household.

To quote Jahil Nelson: “The only thing worse than a bunch of people pirating your software is …nobody pirating your software.”