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You are comparing market cap to GDP. You should compare revenue to GDP. Still not a perfect comparison, but much much better. Apple's revenue: 380B. Iran sits a

• chefkd 2y ago
  ahhh makes sense thank you for catching that Iran keeps popping up all over HN past few days haha still kind of crazy to think Iran and it's entire oil reserves that power idk how many households produce the same amount of revenue as 175k people
  • throwaway11460 2y ago
    That oil is sold unprocessed and won't be powering anything unless it goes through a fairly expensive processing and logistics chain. Iran is also extremely inefficient and unproductive - it's a state after all. Similarly, African raw materials form the core of many computers and yet Africa is still poor - because the raw material itself isn't that useful.