Tell Me Again Why Capitalism is So Evil? Just Ask Apple, Why Doncha!

http://bit.ly/TQJLRZ

Tell Me Again Why Capitalism is So Evil? Just Ask Apple, Why Doncha!                                                                                        

As reported today, Apple's Market cap of $623 BILLION makes it the largest US publicly traded corporation, surpassing the previous highest tally - $618.9 Billion, Microsoft, way back in 1999. OK, ok you purists, adjusted for inflation, Microsoft would be $850 - but remember that date I mentioned -1999? You might recall that was at at the height of the tech bubble!

Since 1999, Apple has gone on such a wild ride it would make your head spin! In 1999, Apple's market cap stood at about $9 billion, up from  a paltry $2.3 billion just two years earlier, in 1997. To put Apple's run in perspective, what about some other billion$ companies from 1999 - how have they fared? Let's start with a few fairly well-known companies in that category - Cisco, AOL, Oracle, Sun Microsystems, Dell Computers, Nokia, Yahoo.

The rankings of these companies in 1999:
#1 - Microsoft - $618.9 billion market cap
#2 - Exxon   -  $267.02 billion
#3 - Cisco Systems - $350 billion
#9 - Nokia - approximately $200 billion
#12 - AOL - also around $200 billion

Sun and Oracle were both similar, Oracle around $137 billion, Sun a little less at $116 billion.

Yahoo was high on the totem pole at that point, #39, market cap about $100 billion.

Dell rolled in at # 30, market cap was $122 billion.

So much for thie historical base point - what about today, and why should Apple be the subject of an article like this? Did I mention Apple is now the highest valued publicly traded American corporation today? I thought so. While this is remarkable, whre do those others I mentioned above fall now?

Cisco's market cap is near $100 billion; Nokia's - $8 billion and falling; AOL - today is $3 billion, but in the interim they bought Time Warner for $162 billion, and this acquisition turned around and spun off AOL!

Oracle bought Sun for 7.4 billion; Yahoo today has a market cap of roughly $18 billion; Dell has lost $100 billion, current cap is $22 billion.

What has Apple done in the same time? Only increased their market cap $614 BILLION, that's what!
As I mentioned at the outset, none of these  accomplismments are possible in anything other than a capitalist system. The OWS types can scream all they want about "fairness" and "social justice" and "equality", but excuse me, where would all those employees of these "evil corporations" be without the innovation, the at-risk  initial captial investments, the vision to create an enterprise, and yes, the profits which fueled the expansion and the increases of numbers of employees, the benefits paid, the taxes paid, the infrastructure, the construction workers required to erect the facilities where these companies produced their products, the suppliers who provide the supporting casts of thousands of materials used to manufacture the end products - funny, but I don't see any socialist/communist/statist systems capable of such production - correct me if I'm wrong!

Wake up, America! The Occupy movement is intent upon bringing DOWN our system which has produced results such as these, and offer NOTHING with which to replace it except empty rhetoric and vague generalities couched in unproven and unrealistic pipe dreams created from smoke and mirrors. I'll take the reality scenario anytime! $623 billion worth of reality scenario!