javaHoosier
javaHoosier t1_j1l0flr wrote
Reply to comment by traildroid in Google’s alleged Pixel phone plans for the next three years have leaked by CerebralTiger
iPhone 13 mini is 600 and a used iPhone 12 mini is like 350. For what you get this is reasonable.
javaHoosier t1_j1kszm2 wrote
Reply to comment by angeAnonyme in Google’s alleged Pixel phone plans for the next three years have leaked by CerebralTiger
Why not an iPhone Mini then?
javaHoosier t1_j2ekdlo wrote
Reply to ELI5: Tech billionaires lost $400 billion this year. Where does it go? Does anyone gain? by ChickenEnthusiast
Think of it like a super rare pokemon card of Charizard. That’s valued at 1 Billion. Later on people care less about pokemon cards though so the value decreases. What they lost was the value of an asset.
This can be bad for the pokemon merchandise market though as people are less interested they buy less cards and other goods.
Later the popularity could go up again and the value of Charizard could go back up.
If they ever sell the card then thats when the price is actualized.
But in practice no company can pay a trillion dollars to buy a large company like amazon. But those companies make tons of profit over their lifetime which is why they are valued so high.