30% Apple

Kent Borg kentborg-KwkGvOEf1og at public.gmane.org
Thu Feb 17 10:42:53 EST 2011


Matthew Gillen wrote:
> Apple isn't as big as Amazon

Depending on how you look at it. In book sales, maybe not, but Apple's 
market capitalization is $331 billion. Amazon is $84 billion. Mighty 
Google is only $200 billion.

The book publishers all seem to be private, but I suspect they are 
teeny-tiny in comparison. Time-Warner, with lots of properties, is worth 
only $40 billion. Barnes and Noble is only worth $1 billion.

As of October Apple had over $50 billion in cash, in August it was only 
$45 billion. They had a good Christmas, they probably have a lot more today.


Apple is *big*.


-kb




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