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> Does that mean Apple is worth less than its market cap? Well, it means you need to specify what you're talking about when you're talking about a company's "w
by baddox 11y ago
> Does that mean Apple is worth less than its market cap?
Well, it means you need to specify what you're talking about when you're talking about a company's "worth." Any time I read something like "public company X is worth Y dollars," I do look closely to see if they're talking about market cap.
- r00fus 11y agoHardly anyone talks about revenue as being part of the "worth" of a tech company (maybe with retail, that makes sense). The Apple stock analogy is dead-on.