Reply to post: "9 billion to Apple is supposedly less than 1% of their supposed value"

Apple boss decries 'data industrial complex' while pocketing, er, billions to hook Google into iOS

Anonymous Coward
Anonymous Coward

"9 billion to Apple is supposedly less than 1% of their supposed value"

There's a big difference - those 9bn from Google are cash or something equivalent, Apple supposed market value is just on paper - good when used to borrow, etc. - but something you can't really turn into real cash quickly without also sinking it as well. Also, shareholder expect dividends from profits (or buy-backs), and those profits won't come from the pure value of their shares. And a wrong step could quickly wipe a lot of that value.

Thus, getting billions of cash is something even Apple can't ignore - especially revenues like this which have microscopic associated costs, thereby are mostly a pure profit.

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