Re:Apple is regressing to their 1990s identity
by acover on Thursday August 01, 2019 @12:27AM
(#20581068)
Sorry, I was trying to explain why I was providing additional statistics.
It's technically a stock vs flow difference. Not trying to correct, just expand.
Re:Apple is regressing to their 1990s identity
by JackFr on Thursday August 01, 2019 @01:35AM
(#20581288)
The better comp for market cap would be US capital stock I think. The St Louis Fed puts it at around 60 trillion, which also puts Apple at ~1.6 percent of the economy.
Re:Apple is regressing to their 1990s identity
by askafriend on Thursday August 01, 2019 @12:30AM
(#20581075)
I think it was helpful! Thank you for expanding on the numbers.
Apple's value (market cap) is intrinsically tied to the stock market and America's growth.
But thanks for posting the revenue calculations as well. I think those numbers still support my point (because they too, are crazy)
Apple even just 15 years ago was a scrappy company trying to find its footing and had nowhere near the customer base it does today.