As Apple approaches $200 billion in market cap, I'm reminded of Micheal's famous, or infamous, comment about what he would do with Apple.
To paraphrase, he would close up the company, and return any excess cash to shareholders.
Today
Apple market capitalization is $194 billion, representing a multiple of 5.3x on trailing 12 month revenues.
Dell market capitalization is $29 billion, representing a multiple of 0.56x trailing 12 months revenues.
In other words, the market is valuing the entire company of Apple at 6.7x that of Dell.
However, adding insult to injury, the market is valuing a $1 of Apple revenue at almost 10x that of a $1 of Dell revenue.
ROTFLMAO!!!
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