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by glitchc
50 days ago
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Market valuation alone is not sufficient, percentage of market-share matters too. Under Cook, iPhone market-share grew from 15-18% to 25% in US and an insignificant amount to ~20% globally. As an example for why market-share matters, TSMC's market-share is ~$2T, while Apple's market cap is $3.93T (as of today). Yet TSMC has a market-share of close to 90% for ICs in circulation today. I'm not a fanboy by any means, just looking at the numbers. |
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