this post was submitted on 12 Jun 2024
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Technology

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68
Apple surpasses Microsoft as world's most valuable company after unveiling AI plans (www.cnbc.com)
submitted 5 months ago by boem@lemmy.world to c/technology@lemmy.world
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[โ€“] uebquauntbez@lemmy.world 8 points 5 months ago (6 children)

Shouldn't it be 'wealthiest' and not 'most valuable'? Ever wondered bout this terms and possible incorrect use of words.

[โ€“] CopernicusQwark@lemmy.world 10 points 5 months ago* (last edited 5 months ago)

Value is correct in this instance, I think.

The number of shares and the price people are willing to pay for those shares is how "value" is calculated, I think.

In contrast, "wealth" would be how much money they have in the bank.

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