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> Let’s compare Apple’s cash hoard against countries’ cash hoards rather than their GDP. Agreed. The comparison doesn't make sense as the numbers don't have t
by bmm6o 15y ago
> Let’s compare Apple’s cash hoard against countries’ cash hoards rather than their GDP.
Agreed. The comparison doesn't make sense as the numbers don't have the same units. $ vs $/year.
- ugh 15y agoThat certainly doesn’t mean that the comparison makes no sense. Apple’s current cash reserves are equal to what many countries produce in one year. That’s a perfectly valid and valuable comparison.