Alternatively: MSs AI plans and the negative reaction to them has reduced their value cf Apple
Tim Cook face looks like he is enjoying a penetration
So what if he is?
I’m not sure that’s an enjoying it face.
Show me the Money
I wouldn’t say valuable. Highest stocks maybe?
Tell me it’s a silly opinion, but I don’t care about arbitrary stock news and I think they don’t belong in a place like c/technology. Even when it’s about the two biggest tech giants. I would like to discuss Apple’s AI if they ever have anything to show for it but until then it’s just hot air like their emission pledges.
Idk if I should block this user or the word CNBC.com to clean up this trash. Thoughts?
100%. I subscribe here to learn about new advancements—to learn about technology.
The finances and politics of the tech industry have a home in those respective communities.
Shouldn’t it be ‘wealthiest’ and not ‘most valuable’? Ever wondered bout this terms and possible incorrect use of words.
No, “most valuable” is accurate here, since we’re talking about its market cap (value of all shares combined essentially). “Wealthiest” would refer to the company’s total assets.
Ah, thanks. Thought the value of shares is a believing thing only, so no real ‘asset’.
Well yes and no. Market cap is the total value of all shares for the particular stock combined (not including those held by the company itself). The value of each individual share is determined on the market. No-one directly “owns” this value, since the whole point of stocks is to distribute ownership, so no-one including Apple as an entity “owns” their market cap entirely. If that were the case, there would be no trading, and ergo no value to the shares, and the entire idea of a market cap no longer applies.
Individually though, the value of shares is of course very real. If you own shares and the stock is liquid (as in: there are people willing to buy), you can sell those shares for real money whenever you wish, at the current market price. Unless you want to sell a substantial amount, in which case you may run into trouble finding buyers and / or create significant downward pressure on the price.
The market cap is the number of share multiplied by the current share price. So this is a made up number because the reality is that not all these share would sell at the current share value.
Essentially, Apple Market Cap raised because people bought shares at a higher price after the announcements.
Value is correct in this instance, I think.
The number of shares and the price people are willing to pay for those shares is how “value” is calculated, I think.
In contrast, “wealth” would be how much money they have in the bank.
Sweet, so homelessness and hunger are eradicated?
I would assume? Because, what’s the point of . . .
The AI will take care of it.
No humans, no hunger.
And this is why the stock market, net worth and market cap are so stupid. Apple haven’t released anything yet, even microsoft haven’t really had an idea what AI is actually useful for, apart from their blatant spyware, but apple just go on stage, say “AI” a bunch of times and are the worlds most valuable company once more.
Pic is super creepy
