Apple's Market Cap Tops $800 Billion

The video discusses the significance of market capitalization, focusing on companies like Saudi Aramco and Apple. It highlights the anticipation surrounding the iPhone 8 and its potential impact on Apple's market value. The comparison between Apple and Exxon is explored, emphasizing the stability of tech companies' business models. Potential competitors to Apple, such as Saudi Aramco and Google, are considered. The video concludes with an analysis of Apple's share buyback strategy and its effect on stock value.

What are the implications of having different classes of shares for a company's market capitalization?

Discuss the impact of Apple's share buyback program on its stock value.