Michal :verified: on Nostr: npub1gfdrr…x7gg6 "Market cap" is simply "share price currently selling at" * ...
npub1gfdrrw9629qxwvwaa3vwnvzhtaqu2c5m9wf6vcwjnmdnhs7hl4jsux7gg6 (npub1gfd…7gg6) "Market cap" is simply "share price currently selling at" * "number of all publicly traded shares" (oversimplified).
It's not "how much they have in the bank", it's not money they can use to buy anything, it's not something to be taxed on since it's not income (until they sell their shares), it's not even "their" money. It's just that investors are OK trading the Apple shares at whatever value it's currently trading at.
I'm not defending them, just trying to explain the terms used.
It's not "how much they have in the bank", it's not money they can use to buy anything, it's not something to be taxed on since it's not income (until they sell their shares), it's not even "their" money. It's just that investors are OK trading the Apple shares at whatever value it's currently trading at.
I'm not defending them, just trying to explain the terms used.