this post was submitted on 25 Jul 2023
352 points (99.7% liked)
Technology
37717 readers
411 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Microsoft doesn't have trillions. Where did you get that from?
Microsoft is a 2.6T dollar company…
Market capitalization means that every share of MSFT combined at the current price is worth $2.6T. The company has $100B cash on hand. That's actual cash and investments that could be easily converted to cash. Substantially less than $2 trillion.
Yeah, but by that logic, Musk isn't a billionaire either.
And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does.
Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are "worth." They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft.
Your comment is low-effort. Don't do that.
Oh, only a $100 billion? Wow what poors, guess they're fucked.
Isn't that still a fuck-ton more than what any of their competitors have at their disposal?