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A comment on Apple surpasses Saudi Aramco to become the most valuable company. Parent comment

Re:Apple surpasses Saudi Aramco to become the most valuable ... by perl4ever on Friday July 31, 2020 @09:06PM (#24016309)
Well, they lost like $800 million in 1996, which is why the market value was low, but look at the preceding years. Going back to 1992, revenue was $7-11B and they had $1-1.5B in cash and short term investments.[1] So $1.7B was not that much different, and asserting they acquired the culture in '97 is plainly wrong. Having a lot of cash was a consistent theme.

[1]See "Item 6. Selected Financial Data"

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Re:Apple surpasses Saudi Aramco to become the most valuable ... by JumpCrisscross on Saturday August 01, 2020 @03:20PM (#24023140)
> Going back to 1992, revenue was $7-11B and they had $1-1.5B in cash and short term investments

...which is closer to the 1996 ratio of cash to revenue than today’s.

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