October 15, 2018

Comparative Valuations

“To calibrate this consider that Facebook revenues for the last 12 months were $48 billion and it now has a market capitalization of $468 billion or 41% that of Apple whereas Services consists of about 14% of Apple’s total revenues.

Horace Dediu

The Full Story

My Thoughts

Filed in the ‘why I will never understand the market’ bucket.


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