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Speaking of trillion dollar companies, how is Apple the most valuable one? Their devices are dumb as bricks. Apple is do bad at AI that they can't even get auto
by retskrad 3y ago
Speaking of trillion dollar companies, how is Apple the most valuable one? Their devices are dumb as bricks. Apple is do bad at AI that they can't even get autocorrect right on the iPhone. They are completely out of their element in the age of LLM's. Microsoft's business was bulletproof before investing in OpenAI but now it should be more valuable than Apple.
- gabipurcaru 3y agopeople buy their stuff.
- mtoner23 3y agobecause they make so much money so much more than other companies
- hoosieree 3y ago> how is Apple the most valuable one You misspelled Saudi Aramco.
- lotsofpulp 3y agoSaudi Aramco is currently multiple hundreds of millions behind Apple and Microsoft. https://companiesmarketcap.com/ https://companiesmarketcap.com/
- hoosieree 3y agoI stand corrected, thanks.
- berkeleyjunk 3y agoPretty straightforward. The current value of the company is the Net Present Value of all the future expected cash flows. Basically you can take the money Apple will make in 2024, 2025, 2026 ... and reduce them to today's values by discounting with the interest rates: pretty much divide by (1+r)^n. Since Apple already makes a ton of money each year it is valued pretty high. Nvidia on the other hand has to GROW its earnings a LOT to justify its valuations.
- iamjake648 3y agoDoes your apparent Apple hate blind you to how many devices they are selling at higher margins than other similar companies? Not to mention their huge expansion into services. Why does Apple have to be good at AI? Why do all of these big tech companies have to have a play for everything?