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Well it's smarter than running ads in newspapers, which generated a half-trillion dollars of revenue over a century.
by esun 11y ago
Well it's smarter than running ads in newspapers, which generated a half-trillion dollars of revenue over a century.
- ninkendo 11y agoAssuming you're correct, that means the whole market for google's primary revenue source took a century to bring in what Apple makes in 2 years. Really goes to show how much the market works on the 2nd derivative, and how that can result in immensely disproportionate market caps relative to a company's profitability. If I were Apple I would think about seriously ramping up the stock buyback at this point. If they keep it up long enough they could even take themselves private one day.