wraggster
February 12th, 2015, 22:13
http://o.aolcdn.com/dims-shared/dims3/GLOB/crop/4000x2709+0+0/resize/960x650!/format/jpg/quality/85/http://hss-prod.hss.aol.com/hss/storage/midas/afbd718b198945e699deaef788fd54b0/201538308/463139620.jpg (http://www.engadget.com/2015/02/11/what-you-could-buy-with-apple-700-billion-market-cap/)
When we talk about a company's market capitalization, it's really just a jargon-y way of saying how much that company's really worth. Say, for example, you wanted to buy a company the way you do a product in a shop, well, the market cap would be a great way of calculating that company's price tag.
As you may have heard, Apple's market cap recently hit $700 billion: an amount of money that it's only fair to describe as a "shitload." In fact, it's such a large amount of money that you may have trouble comprehending what that actually amounts to in real terms. That's why we here at Engadget have decided to work out what $700 billion could buy in the hands of a spendthrift. We hope you're paying attention, Tim Cook...
http://www.engadget.com/2015/02/11/what-you-could-buy-with-apple-700-billion-market-cap/
When we talk about a company's market capitalization, it's really just a jargon-y way of saying how much that company's really worth. Say, for example, you wanted to buy a company the way you do a product in a shop, well, the market cap would be a great way of calculating that company's price tag.
As you may have heard, Apple's market cap recently hit $700 billion: an amount of money that it's only fair to describe as a "shitload." In fact, it's such a large amount of money that you may have trouble comprehending what that actually amounts to in real terms. That's why we here at Engadget have decided to work out what $700 billion could buy in the hands of a spendthrift. We hope you're paying attention, Tim Cook...
http://www.engadget.com/2015/02/11/what-you-could-buy-with-apple-700-billion-market-cap/