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Old 11-18-2007, 06:42 PM
Oxford
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Default Re: GOOGLE - AND/OR Apple Nessy...

David Friedman <ddfr@daviddfriedman.nopsam.com> wrote:

> > Apple is wealthier than Google, I don't think you realize that.

>
> Defined how? It may have a little more cash in hand--I didn't find a
> current figure for Google, but Apple was reported with more cash
> recently than Google was last spring.


yes, Apple has about 4.6 billion in cash more than Google, but what
google doesn't have is any tangible assets. Apple has many billions in
property, equipment, patents, etc. Google has basically nothing but rack
of servers.

> But the total value of Google,
> what it would cost to buy all its stock at its current price, is higher
> than the total value of Apple.


yes, but that is unrealistic, banks don't look at "cashed out value" of
stock since they know the stockin this case would collapse if that was
ever attempted. they look at assets. and Google has basically nothing
but a few spare bills.

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