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Apple surpasses Microsoft as most valuable company
- dpflan 2y agoI mean, how much of this is stock buybacks?
- countvonbalzac 2y agoIn theory none? Stock buybacks increase the stock price but reduce the number of shares. So the market cap should stay more or less the same.
- wuiheerfoj 2y agoIt reduces the number of shares on the public market, not the total number of shares. This can drive the price up if there is high public demand for the now reduced number of shares available
- empath75 2y agoIt's just AI hype from the keynote.
- mingus88 2y agoI’d say there is also the facet that Apple’s AI has strong privacy guarantees, and Apple has a good track record with privacy Pretty much every other offering is a privacy nightmare, including MS and their recall and many folk don’t want anything to do with AI as a result
- georgeburdell 2y ago$110B in stock buybacks to raise the market cap by some $300B seems like a good deal —— or the market is pricing in new information that was announced much more recently than the buybacks
- nomad-nigiri 2y agoWith on device LLMs Apple is poised to incentivize most users to upgrade.
- mupuff1234 2y agoI can't say I saw any standout features that will be enough to incentive an upgrade, other than maybe FOMO.
- tempoponet 2y agoEveryone has their own "killer app" that keeps them on one platform or another. Once Apple Intelligence starts integrating the apps you care about in ways that will meaningfully impact you personally you might find a reason to upgrade.
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- irrational 2y agoHuh, I assumed Nvidia would have already surpassed both of them. I guess it is still in third place.