3 ms·
Are Amazon, Apple, Facebook and Google 50% of US GDP? Edit: Looks like each of them is about 1%, so 5% in total. Not shabby, but not anywhere near Zaibatsu lev
by Aeolun 2y ago
Are Amazon, Apple, Facebook and Google 50% of US GDP?
Edit: Looks like each of them is about 1%, so 5% in total. Not shabby, but not anywhere near Zaibatsu levels.
- brcmthrowaway 2y agoWhat company has the biggest share of US GDP?
- HPsquared 2y agoDepends how you count. Walmart is biggest by revenue. If you look at profit Berkshire Hathaway is most profitable followed by Apple, Microsoft, Google, JP Morgan.
- lotsofpulp 2y agoBerkshire Hathaway’s profit is due to selling Apple shares, so I would not count them. Also, since GDP is not revenue nor profit, it doesn’t make any sense to compare either sets of numbers.
- HPsquared 2y agoTrue, what would be the GDP relevant figure for a company then? Value added?
- deleted 2y ago[deleted]
- mr_toad 2y agoRevenue is distorted in favour of low margin companies, while profit is distorted in favour of companies with a smaller workforce. A quick proxy for value added would be gross profit plus gross salaries. Ideally you’d want a measure of capital investment, but this is harder.