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There's still a long way to go to do that: With that market cap, Apple is worth nearly 1% of the world’s GDP according to the latest estimates from the World Ba
by downrightmike 9y ago
There's still a long way to go to do that: With that market cap, Apple is worth nearly 1% of the world’s GDP according to the latest estimates from the World Bank that peg the world’s output at $74.2 trillion. That also means the company is valued at close to 4.4% of America’s $18 trillion GDP.
https://www.investopedia.com/news/apple-now-bigger-these-5-things/ https://www.investopedia.com/news/apple-now-bigger-these-5-t...
- beojan 9y agoSaudi Aramco is worth 1 to 5 times Saudi Arabia's GDP.
- downrightmike 9y agoWhat is most interesting about the South Sea Company, is that they didn't actually produce anything. They had rights to send one ship to Spanish ports for trade in the new world, but the ports would turn them away because the port authorities didn't want them/didn't believe them. Vs exporting oil which now heavily used.