• @spiritedpause
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    4110 months ago

    Sorry to nitpick, but I see the comparison of a company market cap with country GDP a lot and it’s a pet peeve of mine lol. Market cap is the value of the company, while GDP is equivalent to the total “revenue” that a country’s economy generated that year. So a better comparison would be 2022 Microsoft revenue vs 2022 GDP of a country.

    • @[email protected]
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      610 months ago

      Market cap isn’t even really the value of a company. It’s just the last trade price times the number of shares. If someone wanted to buy it, the price would be higher. If someone wanted to sell it, the price would be lower.

    • @[email protected]
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      410 months ago

      And gdp is one of the worst ways to measure the economy of the country.

      You don’t need to be sorry. I guess I should rephrase my original statement to say Microsoft could buy unity, and the shareholders might not even notice in the quarterly earnings call.