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More useful with the approximate shares outstanding: Apple: 4,915,138,000 Amazon: 485,227,000
by uptown 8y ago
More useful with the approximate shares outstanding:
Apple: 4,915,138,000
Amazon: 485,227,000
- conanbatt 8y agoThats taken into account in earnings/share.
- abtinf 8y agoTrue, but the GP specifically called out the difference between eps and share price of the two companies "interesting", which makes it looks like share price is an interesting number independent of the number of shares issued. It is not.
- njarboe 8y agoEarning per share and cost per share are useful to look at as a pair regardless of the number of shares issued. It's the return on capital. Tells one something regardless of market cap.