It’s hard to really capture Apple’s dominance.
But here’s one way: Apple’s earnings on Tuesday were good enough to send its stock up 4 percent in after-hours trading. That’s a jump of about $37 billion in value—or how much Snapchat plus Twitter are worth combined with $10 billion left over.
This is an imperfect comparison, but it goes to show: Apple is gigantic.
Oh, and then there’s the cash. Its now-infamous stockpile grew once again, topping out at $261 billion. That’s $261 billion just hanging around (in various forms). Read more…