Quote:
Originally Posted by AdultKing
You are so stupid, I don't know where to begin.
Apple did not pay $40 billion dollars to anyone.
Market Capitalisation is the value placed on a company by the share market. The shares went down slightly after disappointing quarterly results which meant that Apple shed $40 billion in market value - which is nothing unusual. Share prices go up and down for a number of reasons.
The current Market Cap for Apple is about 500 billion dollars, so the shares went down less than 10%. With very big companies these share movements seem big because the companies and their value is very big.
Apple's share price was $49.52 on May 6th 2011. It's currently hovering about $94.00. So in 5 years the share price has just about doubled. And in the period it's had a low of $44.92 and a high of $132.54.
The Apple employee involved was a low level engineer who had nothing to do with finance.
Anyway, continue being stupid as fuck Gary. We all know Natalie is too busy sucking cock to post on this forum.
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I mean't loss, not pay out, but hey, still doesn't stop you being a dick? Why the fucking moronic post about being too busy to post here because I'm sucking cock, & you call me stupid?
