Re:Finance makes Apple and Google forced friends
by Someguywhatever on Thursday October 18, 2018 @05:44PM
(#18252423)
That's true, but I don't think Apple has "Fuck you" money. Google definitely has that type of cash. It has near infinite recurring revenue. They don't even need to do anything with their current technology to maintain this, just simply don't make any mistakes and their magical search goose will keep laying those golden eggs.
Re:Finance makes Apple and Google forced friends
by mythz on Thursday October 18, 2018 @08:28PM
(#18253485)
Apple is the most valuable company in the world who makes the most profit in the world, in the last 2017 FY they made 48B in profit compared to Google 12.6B
Apple makes so much money that they’ve given back more than 200B in buy backs and billions more in dividends, Google has yet to return anything.
Re:Finance makes Apple and Google forced friends
by Someguywhatever on Friday October 19, 2018 @11:06AM
(#18257183)
Apple is only a couple of Bad iPhone designs away from being irrelevant. Everything you are saying is from a shareholder perspective, Apple does not have a monopoly like Google does. So what if they have a lot of money? Wait for a downturn and all the Apple investors who've been getting dividends DON'T get a dividend for once, it wont be pretty. Google on the other hand doesn't have as much money and isn't as "valuable" on paper only. The reality is far different. Google has infinite money but not as much money in the bank right now. Apple makes iPhone and is irrelevant outside of making iPhones. If some other companies phone becomes the "iPhone" then Apple is dead.
Apple has a higher market cap than Alphabet, Inc.