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Groups > comp.os.linux.advocacy > #289045

Re: It was bound to happen sooner or later

From owl <owl@rooftop.invalid>
Newsgroups comp.os.linux.advocacy
Subject Re: It was bound to happen sooner or later
Date 2015-04-10 22:07 +0000
Organization ok by me, so long as it doesn't get out of hand
Message-ID <gbvjdu03.pa3f@rooftop.invalid> (permalink)
References <mg9ao4$bur$1@dont-email.me>

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Ezekiel <zeke@nosuchemail.com> wrote:
> Apple is worth twice as much as Google.

> Or Google is worth 1/2 as much as Apple if you prefer.

>     AAPL = $740.33B
>     GOOG = $367.59B

> I know many of you are confused because of "share price."  But don't be. 
> It's market-capitalization that determines what a company is worth. Not the 
> share price.

> Don't be like this dimwit below.

> -- 
> "Share price is a measure of market confidence based on current performance. 
> The market is apparently twice as confident of ($600) Google as it is of 
> ($320) Apple, and 20 times more confident than it is of ($28) Microsoft.  So 
> what Google is doing today is apparently better than what others are doing."

> Homer the "advocate" lecturing others on another simple concept he 
> completely fails to understand

Yeah, but market cap is basically a popularity contest.  Apple doesn't have
all that money, and they don't get money every time a share of Apple stock
is sold at a higher price.  Apple got paid one time - the day the stock was
issued.

2014 Liabilities & Shareholders' Equity:
Apple: 231.84B
Google: 131.13B
Microsoft: 172.38B

http://www.marketwatch.com/investing/stock/aapl/financials/balance-sheet
http://www.marketwatch.com/investing/stock/goog/financials/balance-sheet
http://www.marketwatch.com/investing/stock/msft/financials/balance-sheet

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Thread

It was bound to happen sooner or later "Ezekiel" <zeke@nosuchemail.com> - 2015-04-10 16:12 -0400
  Re: It was bound to happen sooner or later Tomas <tgif9fri@numo.net> - 2015-04-10 16:15 -0400
    Re: It was bound to happen sooner or later "Ezekiel" <zeke@nosuchemail.com> - 2015-04-10 16:29 -0400
      Re: It was bound to happen sooner or later Tomas <tgif9fri@numo.net> - 2015-04-10 17:20 -0400
  Re: It was bound to happen sooner or later Steve Carroll <fretwizzer@gmail.com> - 2015-04-10 13:33 -0700
  Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-10 22:07 +0000
    Re: It was bound to happen sooner or later "Ezekiel" <zeke@nosuchemail.com> - 2015-04-10 19:20 -0400
      Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 00:19 +0000
        Re: It was bound to happen sooner or later "Ezekiel" <zeke@nosuchemail.com> - 2015-04-11 09:08 -0400
          Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 14:45 +0000
            Re: It was bound to happen sooner or later DFS <nospam@dfs.com> - 2015-04-11 12:21 -0400
              Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 16:58 +0000
                Re: It was bound to happen sooner or later DFS <nospam@dfs.com> - 2015-04-11 22:00 -0400
            Re: It was bound to happen sooner or later Steve Carroll <fretwizzer@gmail.com> - 2015-04-11 09:43 -0700
              Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 17:17 +0000
                Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 17:20 +0000
                Re: It was bound to happen sooner or later Steve Carroll <fretwizzer@gmail.com> - 2015-04-11 11:58 -0700
                Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 20:02 +0000
                Re: It was bound to happen sooner or later Steve Carroll <fretwizzer@gmail.com> - 2015-04-11 13:56 -0700
                Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-11 21:48 +0000
            Re: It was bound to happen sooner or later "Ezekiel" <zeke@nosuchemail.com> - 2015-04-13 14:01 -0400
              Re: It was bound to happen sooner or later Snit <usenet@gallopinginsanity.com> - 2015-04-13 11:21 -0700
              Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-13 19:24 +0000
                Re: It was bound to happen sooner or later "Ezekiel" <zeke@nosuchemail.com> - 2015-04-13 16:04 -0400
                Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-13 20:35 +0000
                Re: It was bound to happen sooner or later Steve Carroll <fretwizzer@gmail.com> - 2015-04-13 14:13 -0700
                Re: It was bound to happen sooner or later owl <owl@rooftop.invalid> - 2015-04-13 21:52 +0000
              How many barrels of oil will the stock produce ? Jeff-Relf.Me <@.> - 2015-04-13 23:42 -0700
                Re: How many barrels of oil will the stock produce ? "Ezekiel" <zeke@nosuchemail.com> - 2015-04-14 13:37 -0400
                How many barrels of oil will the stock produce ? Jeff-Relf.Me <@.> - 2015-04-14 10:55 -0700
                Re: How many barrels of oil will the stock produce ? "Ezekiel" <zeke@nosuchemail.com> - 2015-04-14 15:20 -0400

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