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A comment on Apple becomes first U.S. company to reach a $2T market cap.

Re:Apple becomes first U.S. company to reach a $2T market cap by scott31 on Wednesday August 19, 2020 @11:12AM (#24211172)
That is even higher than US military budget. I really don't know which one is a bigger waste of money and effort
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Re:Apple becomes first U.S. company to reach a $2T market cap by stephanheijl on Wednesday August 19, 2020 @11:16AM (#24211225)
The US military budget is an expenditure that occurs every year. Apple's market cap is the expected value of all of Apple's outstanding shares. These are really not comparable.
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Re:Apple becomes first U.S. company to reach a $2T market cap by kaycebasques on Wednesday August 19, 2020 @11:28AM (#24211403)
If anything, the comparison drives home how big the US's military is.
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Re:Apple becomes first U.S. company to reach a $2T market cap by natcombs on Wednesday August 19, 2020 @11:16AM (#24211215)
>> That is even higher than US military budget. I really don't know which one is a bigger waste of money and effort

A budget and market cap are fundamentally two different things, and are incomparable.

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Re:Apple becomes first U.S. company to reach a $2T market cap by bulletsvshumans on Wednesday August 19, 2020 @11:16AM (#24211212)
Just to be clear, those numbers aren't directly comparable. The market cap is the total value of the company, whereas the yearly budget is the cost for a single year.
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