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Nairaland Forum / Nairaland / General / Business / Like Apple, Amazon Hits $1 Trillion Valuation (8371 Views)
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Re: Like Apple, Amazon Hits $1 Trillion Valuation by Sannisege: 8:34am On Sep 05, 2018 |
obaataaokpaewu:Baba get background info before you type. 1 Like |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Alabitrends: 8:34am On Sep 05, 2018 |
Sannisege: IT solves myriads of problems, including agric. For example, we now have gmo foods, technology that allows growing of food in 3 to 6months. So... 1 Like |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Topmaike007(m): 8:35am On Sep 05, 2018 |
Alabitrends:And Agriculture can never go, because I believe that today you will eat 2 Likes |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Uglymugg: 8:36am On Sep 05, 2018 |
sean1000x: If you see someone's name ending with berg or stein, they are 90% of the time from jewish ancestry. 4 Likes |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Sannisege: 8:37am On Sep 05, 2018 |
Alabitrends:Don't worry we will pay attention to both IT and agriculture. we won't relegate one for the other. |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by obaataaokpaewu: 8:38am On Sep 05, 2018 |
Sannisege:You sounded as if the Op is telling Nigerians to stop agriculture and start IT. Even with the trillions of dollars IT is fetching the US, they are still better than Nigeria "agricultural wise", they still eat Agricultural produces over there |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by AlphaStyles(m): 8:40am On Sep 05, 2018 |
Jeff bezos swimming in money |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Elxandre(m): 8:45am On Sep 05, 2018 |
mrvitalis:I don't think the chinese use Aliexpress. Except if they have a separate portal for chinese folks. Europeans are dominant on the site. |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by martyns303(m): 8:46am On Sep 05, 2018 |
Sannisege: I am not saying Agriculture will go out of fashion, what I am saying is that the rest of the world has attained a self sufficient level of agriculture. Nigeria is still struggling with it, it shows how backward we are. 2 Likes |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by dgtmedia: 8:49am On Sep 05, 2018 |
Topmaike007: I think u're seriously missing the point, datz a clear indication of innovations. Out of all that is written, the only thing you pointed out was Agriculture, wot happens to oil, steel era etc... With the stories of Amazon, Apple, Google etc does that means that Americans don't eat or even export agricultural produce? How many of these Agricultural produce are able to serve a world reach? The thing is since time immemorial Agriculture has been and will continue to be but the fact is Agriculture will never again drive economic force.... When time evolves, its best we move with time or we become slaves to those who have moved far ahead... 7 Likes |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Ilaje44(m): 8:51am On Sep 05, 2018 |
Buffalowings3: That's a very dumb statement. If you want to be a slave, just say YOU BUFFALOWINGS3 should be enslaved. Slavery was never a good thing. As a black man, you are still suffering from the psychological repercussion of being the only race to have been sold - by it's own people - to another race on a massive proportion. If you have your senses right, this story of Amazon's success shouldn't have triggered you wishing to be enslaved, but rather it should pushes you to strive to enlighten our people about the importance of acquiring the REAL knowledge (Technology). Being a slave would not make you technically savvy, but would kill every innovative spirit in you to come up with ideas to build a company like Amazon. 6 Likes 1 Share |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Topmaike007(m): 8:53am On Sep 05, 2018 |
dgtmedia:now I got your point of view 1 Like |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by tmtech: 8:53am On Sep 05, 2018 |
Elxandre: they use toaboa which also owned by jack ma the owner of AliExpress.... toaboa has over 500million visits per day 2 Likes |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by DrTims(m): 8:56am On Sep 05, 2018 |
Many American nations? Topmaike007: 1 Like |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Sannisege: 8:57am On Sep 05, 2018 |
obaataaokpaewu:No my response was for a guy who implied that Nigerian Government is talking about Agriculture while IT is making more money. And I asked him whether na IT and Data the population go chop? 1 Like 1 Share |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by johnmattew: 8:58am On Sep 05, 2018 |
mrvitalis:are u dreaming?....apple makes about 90percent profit of smartphone industry Amazon is not all about e-commerce...they are the biggest cloud computing company... bigger than all other cloud computing companies combined 1 Like |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by OsamaB: 9:04am On Sep 05, 2018 |
Kai....Together, Apple and Amazon is valued more than Africas GDP 2 Likes 1 Share |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by taretoofine(m): 9:05am On Sep 05, 2018 |
imagine that kind money for my account |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by kenengineboy(m): 9:07am On Sep 05, 2018 |
Sannisege:Bros make you dey there, ICT is taking over ever endeavors of life, transport, retail, banking, manufacturing even agriculture , very some robots and AIs will do the Job of farmers and tractors , that is IT and data for you 1 Like |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Oceannaagent: 9:10am On Sep 05, 2018 |
Good for the shareholders |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Sannisege: 9:19am On Sep 05, 2018 |
kenengineboy:Ehn stop agriculture and go dey chop IT and data na. Even America no dey joke with agriculture, you dey here dey shout IT and data. Your country people never chop belle full, you dey shout IT and Data up and down. Nonsense. |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by wildchild1: 9:20am On Sep 05, 2018 |
Amazon soaring high very fast mehn Check my signature for 2018/2019 club and country jerseys |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Sannisege: 9:23am On Sep 05, 2018 |
martyns303:The more reason why we should also strive to achieve that level of self sufficiency in agriculture first before we start comparing ourselves to those countries you claim have achieved such feat and are now focusing on IT. Don't put the cart before the horse simple. |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by CSTR1005: 9:24am On Sep 05, 2018 |
The secret of national wealth is diversification, not neglecting one for the other . Leaving agriculture for IT is not different from leaving agriculture for oil Nigeria would still be poor since it is still mono economy. The US is an agriculture giant in every possible way. They don't play with agriculture because that is the foundation. |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Ugosample(m): 9:34am On Sep 05, 2018 |
mrvitalis: What is this one saying? . you need to take classes on the concept of value The valuation of these companies include so many things, the share premium is just one of them. But make I no talk anything, |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Farouksenior: 9:37am On Sep 05, 2018 |
Many people are not even aware These coys will soon go into Zillion dollars The race is now on : 1. Virtual reality 2. Augmented reality 3. Mixed Reality 4. Autonomous vehicles/drones 5. Smartdust 6. Neural network The baddest of them all is 7. Gene Editing >> Germline Editing ( many pple dont kno, we are just 1-3 yrs away from Super humans ) All thanks to Crispr The most disruptive tech in human history ICT is the way 4wad folks |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Aldebaran(m): 9:58am On Sep 05, 2018 |
Wow |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Afonja007: 10:02am On Sep 05, 2018 |
You mean Google is richer than Nigeria and almighty eko oni baje put together I can't believe it
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Re: Like Apple, Amazon Hits $1 Trillion Valuation by countryfive: 10:04am On Sep 05, 2018 |
martyns303: |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by countryfive: 10:05am On Sep 05, 2018 |
( Farouksenior: |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by chuklesley02(m): 10:30am On Sep 05, 2018 |
mrvitalis:Nice, spoken like a true economist |
Re: Like Apple, Amazon Hits $1 Trillion Valuation by Nobody: 10:32am On Sep 05, 2018 |
[quote author=martyns303 post=70913713]The most important statement in this article for any Nigerian is this: "The industry is amassing wealth and power, creating a new order in business where the most valuable resource is NO LONGER OIL, BUT DATA" At a time in human history, agriculture was the major player for export, then the US had their cotton fields, plantations and all. Then the world moved on to industrialization, the steel Era, then came the oil boom. Then the world moved on to Technology Now we have the data and IT age. In all of this where is Nigeria? Nigeria is still talking about Agriculture. [/quote You were making sense until your last sentence. |
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