Observational Notes on AAPL

Journal Entry: 31 Aug 2013
Apple Inc. Capitalization Rate
in millions except shares outstanding
Closing price: $487.22
Shares Outstanding: 908,497,000
Market value of equity: $442,637.91
Debt, fair value: $16,958.00
Cash & Equivalents: 42,606.00
Enterprise Value: $416,989.91
EBITDA less CapEx: $46,197.00
Pre-tax Cap Rate: 11.08%
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