How big/rich is APPLE?!👀📱

Iv always known it’s big, but this is scary 😂

Apple can afford to buy a whole entire country basically 😨

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FreeSpirit1 · F

800 dollar phones which cost maybe 100 to make....sweet.

Moon3624 · 22-25, F

@FreeSpirit1 yeah apple phones are crazy expensive

Northwest · M

Apple's market valuation is huge, but this is not an apples to apples comparison. GDP cannot be compared to market valuation.

As to profits, the top chart is not rooted in reality. There's not much difference in net income between Apple and Google (they're within a $1B of each other).

Moon3624 · 22-25, F

@Northwest maybe , but it is still the richest company in the world

Northwest · M

@Moon3624 It has the highest market valuation (stock price multiplied by number of shares), and it currently has one of the highest incomes (revenue minus cost of revenue), but Amazon has about 20% more cash on hand than Apple.

However, as. said, this is not an apples to apples comparison. There's also an economic impact and currently Amazon has the single highest economic impact in the world.