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You are not going to produce a tear in the fabric of space-time by running a similar comparison, you'd simply be wrong, and life will go on as usual. GDP is an
by gruturo 6y ago
You are not going to produce a tear in the fabric of space-time by running a similar comparison, you'd simply be wrong, and life will go on as usual.
GDP is an aggregated annual "earning", a market capitalization is the value of all the outstanding shares of an entity, not a periodic earning.
A more meaningful comparison would be Apple's annual earnings ($260B, still quite a lot of money) vs a country's GDP, or Apple's market cap ($2T) vs the value of an entire country, rather than their latest GDP.
"They're worth $2T, but they didn't make $2T this year, they made $260B".