by Chris Black
The company is worth around $3 trillion given the day. For that valuation, the quarter was abysmal.
Apple needs to take 100% market share of the global computer industry to be worth one quarter of that.
Apple stock soars over 6% as iPhone maker heralds blockbuster profit t.co/HhcAUa9CAe pic.twitter.com/iPYaYOStJn
— New York Post (@nypost) January 28, 2022
Don’t start me on Tesla…unless they sold 80 million cars, the stock is overvalued by 95%.
#Tesla tumbles ~10% in biggest post-results drop since mid-2019, BBG has calculated. The plunge has erased $80bn of market capitalization. pic.twitter.com/TIJ63OPEY6
— Holger Zschaepitz (@Schuldensuehner) January 27, 2022
So how many more cars did they deliver than they produced during the quarter?
Tesla is a company that produces physical product that manages to deliver more units than they make.
I guess in Elon world that is possible.