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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...
  • ☆ 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.

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