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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.ml · 3 years ago

Apple now valued at more than Amazon, Alphabet and Meta — combined

www.marketwatch.com

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Apple now valued at more than Amazon, Alphabet and Meta — combined

www.marketwatch.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.ml · 3 years ago
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Apple Inc. shares have held up far better than those of Big Tech peers over the past month, and that's helped the company to a staggering feat: The...
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  • Shrike502@lemmygrad.ml
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    3 years ago

    How much of it is artificial stock blowup?

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      3 years ago

      I think it’s more that the ad driven revenue models are collapsing. Apple retained a traditional business model where they make products that they sell directly to customers.

      • Shrike502@lemmygrad.ml
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        3 years ago

        Ah, I see. Thank you

      • roastpotatothief@lemmy.ml
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        3 years ago

        Is that happening already? I hadn’t heard about it yet.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          3 years ago

          Both Google and Meta have been doing layoffs quietly and their revenue has dropped significantly. Alphabet lost 27% from previous year and Meta lost $650 billion in market value so far.

  • imgprojts@lemmy.ml
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    3 years ago

    My old truck is now value at 1.7 Metas. So sure, makes sense.

  • suoko@feddit.it
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    3 years ago

    I wonder who people put all that money in the hands of a few people. It’s just about heavy drug

  • jackalope@lemmy.ml
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    3 years ago

    Software is an ourbouros that ate itself. It’s fast growth because it scales well. But it’s also easy to copy. Hardware less so.

  • Zerush@lemmy.ml
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    3 years ago

    Nothing strange with the prices that their products have

    (Omg, almost €800 for 4 little wheels, similar to those on an office chair, for the Mac Pro)

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