▲ | AlexanderTheGr8 2 days ago | |
To add on: a 3% stock shift means that the search-engine deal was worth >=3% of the stock. That is massive free cashflow. In 2022, Google paid Apple $20B (full profit bec negligible costs) while Apple's total profit was around $100B. 20% of Apple's total profit came from Google's search deal. Based on this, I am sure the stock price worth would be much higher than 3% (actual numbers are complicated because stock price accounts for future growth of things). |