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Here's what you could buy with Apple's $700 billion market cap
When we talk about a company's market capitalization, it's really just a jargon-y way of saying how much that company's really worth. Say, for example, you wanted to buy a company the way you do a product in a shop, well, the market cap would be a great way of calculating that company's price tag. As you may have heard, Apple's market cap recently hit $700 billion: an amount of money that it's only fair to describe as a "shitload." In fact, it's such a large amount of money that you may have trouble comprehending what that actually amounts to in real terms. That's why we here at Engadget have decided to work out what $700 billion could buy in the hands of a spendthrift. We hope you're paying attention, Tim Cook...
Daily Update for August 2, 2013
It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player (requires Flash) or the non-Flash link below. To subscribe to the podcast for daily listening through iTunes, click here. No Flash? Click here to listen. Subscribe via RSS
