Right. It’s clearly hard to brass tacks a valuation of a 2T company, but one had better be forthcoming of even questionable quality. If no one else then Apple has a vested interest in knowing how close this valuation is to their internal knowledge. If they’re under then they could consider growing to the new valuation with opportunities otherwise unavailable outside this valuation. They could issue even more debt or offerings and go on a buying spree. Nvidia has a valuation of 300B (though probably also high relative to fundamentals). They could buy nvidia and own the future of the ML/AI market as well as the gaming market they’ve typically been shut out from competing. Toyota’s more like 190B. They could buy Toyota and immediately be one of the top auto manufacturers. They could probably do this an embarrassingly large number of times for many industries at this valuation.