The difference between a million and a billion dollars
When reading over earnings reports, doing valuation assessments, or running any other financial analysis, it's sometimes hard to conceptualize the difference between two very large sums. To that end, here's a helpful visual on the massive difference between $1 million and $1 billion, from Abu Amin on Quora:
A billion dollars looks like this in 100 dollar bills. You'd need ten forklift rides to cart it around:
For comparison, a million dollars in 100 dollar bills looks like this - a daypack would do:
So when Apple announces it did $39 billion in revenue last quarter, and has over $110 billion in cash reserves... you can get a better sense of what that's all about.
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