Hacker News new | ask | show | jobs
by mythz 2799 days ago
Apple is the most valuable company in the world who makes the most profit in the world, in the last 2017 FY they made 48B in profit compared to Google 12.6B

Apple makes so much money that they’ve given back more than 200B in buy backs and billions more in dividends, Google has yet to return anything.

1 comments

Apple is only a couple of Bad iPhone designs away from being irrelevant. Everything you are saying is from a shareholder perspective, Apple does not have a monopoly like Google does. So what if they have a lot of money? Wait for a downturn and all the Apple investors who've been getting dividends DON'T get a dividend for once, it wont be pretty. Google on the other hand doesn't have as much money and isn't as "valuable" on paper only. The reality is far different. Google has infinite money but not as much money in the bank right now. Apple makes iPhone and is irrelevant outside of making iPhones. If some other companies phone becomes the "iPhone" then Apple is dead.