Apple is now worth more than Alphabet, Amazon, and Meta combined

Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by chmod775 on Thursday November 03, 2022 @09:46PM (#33460744)

Valuations of these kinds of companies rarely make sense. I'm guessing most investors own iPhones.

Alphabet and Apple are companies of actually comparable size by revenue, number of employees, profitability, and diversification.

Meta is a small company compared to any of them, is not very diversified and constantly at risk of ending like many social network companies before it.

Amazon absolutely dwarfs all of them by revenue, number of employees, how successfully it diversified, and how fast these metrics are growing (roughly doubling every two years).

If you want to truly appreciate how much of a meme these valuations are, look at Tesla's valuation being ten times that of VW, yet being smaller by an order of magnitude. The market must be expecting this to reverse for the valuation to make any sense.

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Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by diceduckmonk on Thursday November 03, 2022 @10:46PM (#33461382)

Valuation isn't just revenue, but also margin. Margin with retail is smaller than say IPhones.

As for Tesla vs VW, and the current snapshot of the business, finance is about the projected future cash flows, not present value. Tesla is growing, VW is not.

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Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by MonaroVXR on Thursday November 03, 2022 @11:06PM (#33461550)

How is VW not growing?

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Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by chmod775 on Friday November 04, 2022 @02:08AM (#33462777)

If Tesla was expected to sell to a good chunk of the world population while somehow only selling high-margin vehicles, their valuation in comparison to VW would make sense. However the market for luxury vehicles isn't that large, so Tesla can't be expected to keep high margins if it wants to grow as big as VW. If it wanted to be 10 times bigger than VW, as its valuation would suggest, then close to 100% of all cars sold worldwide would be Teslas (by 2021 numbers). How likely is that, given that it's currently more like 1%?

Well either that or it's just another bubble created by mostly clueless and overexcitable people. We had a few of those, didn't we?

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Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by uni_rule on Friday November 04, 2022 @09:15AM (#33466112)

A lot of people aren't even excited about the company anymore, they are excited about the stock itself. Talk about a self-fulfilling prophecy.

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Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by batguano on Friday November 04, 2022 @01:38AM (#33462622)

And Yahoo is bigger than two KFC franchises in Kansas City.

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Re:Apple is now worth more than Alphabet, Amazon, and Meta c... by adam_arthur on Friday November 04, 2022 @01:45AM (#33462657)

And Walmart has more revenue than Amazon.

Revenue of a general purpose retailer/ecommerce is not comparable to revenues of other types of companies. The margins on that revenue is always going to be miniscule

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