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Apple makes $60B net profit/year, with $120B in book value (assets - liabilities). It doesn’t need any growth to justify its $900B value. All it needs to do to
by DVassallo 8y ago
Apple makes $60B net profit/year, with $120B in book value (assets - liabilities). It doesn’t need any growth to justify its $900B value. All it needs to do to keep that value is to not shrink too much.