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At $400 billion, Apple is worth more than Greece
- robocat 15y agoDeceptive headline: GDP is annual revenue, yet they are comparing that with market capitalisation... What would the total assets (government, public and private) of Greece cost to buy? Confusingly http://www.dailyreckoning.com.au/gdp-market-cap/2006/12/21/ http://www.dailyreckoning.com.au/gdp-market-cap/2006/12/21/ implies that amount of GDP is crudely comparible with the amount of market cap (which ignores govt or private equity) - due to other reasons!
- mhartl 15y agoSigh. Someday, people will realize that GDP is a crappy measure for... anything.
- drats 15y agoCompletely ridiculous. Flagged.
- couchnaut 15y agoExtra moronic, racist and apple-mersial article. I'm not sure why it even got here.