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…
Here’s what you could buy with Apple’s $700 billion market cap
February 17, 2015 0 Comments
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