this post was submitted on 25 Jul 2023
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Technology
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Cisco owned the "iPhone" trademark and was actively using it to sell products. Weirder things have happened.
Apple simply started using it and told Cisco, "Make me stop".
To which Cisco replied "okay" and forced Apple to agree to an unknown but likely ludicrous licensing fee.
Twitter got Apple money right now? Because even Elons billions aint shit compared to Microsofts literal trillions.
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.
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.
Isn't that still a fuck-ton more than what any of their competitors have at their disposal?