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“To calibrate this consider that Facebook revenues for the last 12 months were $48 billion and it now has a market capitalization of $468 billion or 41% that of Apple whereas Services consists of about 14% of Apple’s total revenues.

Horace Dedieu

The Full Story

My Thoughts

Filed in the ‘why I will never understand the market’ bucket.

Tags
business.of.tech
Date
October 15, 2018
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