[relix]

This is a very naive, simplified, and wrong take on a generally well accepted concept.

Point 1: increased demand for stocks will increase the price of it and thus the market cap. Point 2: the higher the market cap of a company the more capital it has available.

[HWR_14]

I'm saying point 2 is only true if the company wants to issue shares (unless you are talking about second-order effects like cheaper bond rates). Apple is actively repurchasing shares, so they don't have more capital because the price went up.

Yes, it theoretically means they could raise more money by issuing shares, but that's not happening.

[lotsofpulp]

Is it more capital if they are using RSUs in compensation?

[HWR_14]

So, it's depends how they do that. In 2022, Apple seemed to buy all the Apple stock they used for RSUs in the open market. So, absolutely not in that case.

But they don't have to do that. They could issue the shares for RSUs. If they issue new shares (either to sell to the market or to use for RSUs) then the market cap directly influences how much they can generate in work or cash from such a transaction.