What does it mean to be the world's largest Apple? Apple is bigger than these things!

What does it mean to be the world's largest Apple? Apple is bigger than these things!

What does it mean to be the world's largest Apple Apple is bigger than these things!
What does it mean to be the world's largest Apple

It is no secret to everyone that Apple is one of the most famous and popular companies around the world. Apple products are synonymous with innovation, elegant design and comfortable user interfaces for millions of users.

In 2012, Apple became the most valuable company globally, with a market value of $ 621 billion.

Since then, Apple has not stopped growing and walking steadily on its upward path curve.

In 2018, Apple became the first American public company to achieve a value ($ 1 trillion) in market value, joining the Trillions Club, making it the largest company in the world, according to at least one scale.

It is true that after that there was a slight decrease in the market value of the world's largest technology giant to less than a trillion dollars, but it is undeniable that Apple is the most valuable in terms of financial evaluation.

What makes Apple successful?

Contrary to what is expected, Apple is not the world's largest smartphone manufacturer, but rather the most profitable. Its profit margins have exceeded 20% for more than a decade, and while their profits have declined in recent years.

However, it is still much higher than its competitors. The result is a huge cash treasure, with Apple having more cash than most American industries combined, and even many countries.

Apple's competitive advantage is not only due to innovation, superior design and marketing, it is also the result of its dominance in the consumer electronics supply chain, as a result of adopting an effectively closed system, which controls every part of the supply chain from design to retail.

This allows it to maintain the most profitable activities in the home country, including design, finance, marketing, and sales.

Whereas less profitable activities such as labor intensive work are given to agents in developing countries, where wages, conditions and work environment are often worse.

Apple also imports most of its components from manufacturers in Asia. Without China, Apple would not have been the way it is today. No other country can provide cheap labor and manufacture its products so quickly.

Apple's most valuable globally

Returning to our conversation, about the arrival of Apple's trillions club membership, after reaching its market value ($ 1.3 trillion), the question comes out. How can Apple's statistics be translated into the world?

The use of the word \"trillion\" may not help in imagining the economic size of an entity, as it is difficult to understand the financial value of this huge economic entity, except when the phrase (most valuable) is placed in the context of comparison with the values ​​of other giant entities.

To put this astonishing figure ($ 1.3 trillion) in context, it is important to be clear about the very different meanings of "giant entities".

This number ($ 1.3 trillion) exceeds the gross domestic product of most countries, the total value of shares on most exchanges around the world, the cost of World War I, the Vietnam War, and the Iraq war.

Ironically, the iPhone maker is much more valuable than all the major mobile phone companies in the United States combined. This is not only dwarfing other companies, but entire economies and markets.

Apple and a variety of other comparisons

Apple and a variety of other comparisons
Apple and a variety of other comparisons
Apple revolutionized personal technology with the introduction of Macintosh in 1984. Today, it leads the world in innovation, earning trillions club membership. Now that it has reached the threshold of the Trillions Club, Apple is bigger than this:

  • 20.1 times greater than the net worth of the two richest drug dealers combined ($ 44.0 billion).
  • 17.3 times greater than the market value of General Motors ($ 51.1 billion).
  • 6.4 times larger than the Bitcoin currency market ($ 137.9 billion).
  • 6.4 times larger than the gross domestic product, adjusted for inflation, for the top 300 films ($ 138.5 billion).
  • 4.9 times larger than the combined market value of Nike and Adidas ($ 182.2 billion).
  • 3.8 times larger than the fully cryptocurrency market, including Bitcoin, ($ 232.8 billion).
  • 2.1 times larger than the market value of the Chinese company, Alibaba (416.2 billion dollars).
  • Two times larger than NASA’s budget since 1998, adjusted for inflation ($ 451.3 billion).
  • 1.6 times larger than the combined market value of (AT * T - Verizon - T-Mobile - Sprint) combined ($ 559.3 billion).

Below we offer a look at Apple's trillions club membership, via comparisons with a group of giant entities:

The economies of entire countries

The economies of entire countries
The economies of entire countries
In 2018, world GDP was about $ 85.9 trillion, according to data from the World Bank, so Apple's market value is 1.5% of this figure.

In comparison with the United States, as the largest economy in the world, with US GDP reaching about $ 20.5 trillion during the same year, therefore the company's market value represents 6.3.

While only 14 countries in the world have a GDP (annual) greater than the market value of Apple, including both (Australia, Spain), which have a gross domestic product of just under 1.4 trillion dollars.

While the countries whose GDP numbers are less than 1.3 trillion dollars directly, they are (Mexico, Indonesia, Netherlands, Saudi Arabia, Turkey, Switzerland).

Moreover, the World Bank collects GDP data for 263 economies of a country, region, or group of countries with similar characteristics.Of these, 216 economies, or 82.1%, have annual GDP of less than $ 1.3 trillion.

The market value of some stock exchanges

The market value of some stock exchanges
The market value of some stock exchanges
According to data compiled by the World Federation of Exchanges, the total market value of all shares traded on the largest 72 exchanges worldwide reached an estimated $ 84.9 trillion (as of July 2019), while Apple represents 1.5 of that number.

Moreover, out of these 72 exchanges, there are only 14 exchanges, which have a market cap that is larger than the market value of Apple.

As for the exchanges that are located next directly to Apple, they are (Taiwan, Brazil, Johannesburg, Spain, Moscow and Singapore).

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The US budget deficit

The US budget deficit
The US budget deficit
The expenditures of the United States government exceed much more than its revenues, which has led to an increased budget deficit, which has sparked heated political debates on this matter;

The CBO reported that the federal budget deficit until the end of the third quarter of fiscal year 2019 (even on September 30) amounted to $ 984 billion, which is more than $ 205 billion in deficit for the same period during the previous fiscal year.

Despite the huge annual federal deficit, Apple's market value is greater than this number.

However, the total US federal government debt size of $ 22.72 trillion (as of September 30, 2019) is 17.5 times greater than the market value of Apple.

The combined net worth of the 18 richest people in the world

The combined net worth of the 18 richest people in the world
The combined net worth of the 18 richest people in the world
According to Forbes, Jeff Bezos is ranked as the richest man in the world, with his net worth estimated at $ 118 billion (as of January 2, 2020).

The combined wealth of 11 richest people around the world, including other well-known names like Bill Gates and Warren Buffett, is estimated at about $ 897 billion, which is less than the market value of Apple.

To reach an estimate of the market value of Apple, you must add the 18 richest people in the list of the wealthiest in the comparison.

This, Apple was established by (Steve Jobs, Steve Wozniak, Ronald Wayne) on April 1, 1976, and soon they were able to dominate the market, and start their product line.

From the start, Apple distinguished its products by embracing innovation, elegant design and marketing strategies. Apple is the first company to successfully switch from a computer maker model to a hardware maker model.

And their devices are now everywhere in the world, and their new annual releases of products are the most anticipated and waiting around the world, to become the most successful consumer electronics company in the world.

So what's next for Apple ... $ 1.5 trillion? 2 trillion dollars? Will you maintain the trillions club membership and title of the most valuable company? Will it continue to grow or is there cause for concern? Only time will tell us.

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But Apple is no longer unique to being the only company with a market value ($ 1 trillion), after Amazon and Microsoft joined the trillions club.


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