I think you're confusing Market Capitalization with Cash on Hand. Market Cap is the number of outstanding shares X current share price, as opposed to Cash on Hand is all the cash Apple is hoarding in the bank from profits. The former is what the company is worth and the latter is and asset
Hey Eraserhead
I think you're confusing Market Capitalization with Cash on Hand. Market Cap is the number of outstanding shares X current share price, as opposed to Cash on Hand is all the cash Apple is hoarding in the bank from profits. The former is what the company is worth and the latter is and asset