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I was about to say, MONEY, but then I looked at Apple's market cap and IBM's market cap...
by Ixiaus 12y ago
I was about to say, MONEY, but then I looked at Apple's market cap and IBM's market cap...
- gonzo 12y agofuck market cap. (Apple: $574.75B, IBM: $190.79B) look at net income. For the three months ended 29 March, Apple had $10.223B in net income. For roughly the same quarter (ending 31 March), IBM had $2.384B. Apple is carrying $18.949B in cash and cash equivalents (though most of this is locked-up overseas), and another $22.401B in short-term marketable securities. IBM is carrying $9.409B in cash and cash equivalents, and a mere $295M in markable securities.