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Nairaland Forum / Nairaland / General / Education / International Companies Earning More Than Countries (272 Views)
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International Companies Earning More Than Countries by Batterboy: 8:04pm On Jul 22, 2021 |
Apple is worth more than 96% of the world ![]() Apple's 2.2 trillion dollars worth exceeds the GDP of all countries in the world except for USA, China, Japan, Germany, India, France and UK ![]() If Apple was a country it would take the place of the 8th richest country in the world 1 Like
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Re: International Companies Earning More Than Countries by Batterboy: 8:10pm On Jul 22, 2021 |
If Microsoft’s were a country its $1.8 trillion market cap would outrank the GDP of all countries except for USA, China, Japan, Germany, India, France, UK, Italy and brazil
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Re: International Companies Earning More Than Countries by Nobody: 8:14pm On Jul 22, 2021 |
Batterboy: I think it's utter bullocks to compare a country's GDP (total monetary value of goods and services within a country) with a company's value. That's basically comparing one economic instrument in a nation against the total value of a company, i.e. it's total assets, that's why you won't find economists doing this, instead, you'll find businessmen making these illogical comparisons. All the oil deposits, minerals and resources like Gold, Iron ore, Bitumen, Timber in each country were left out, so it doesn't really depict the total value of a country against the companies. Nigeria for instance would worth way more than Apple if the basis for comparison were same. |
Re: International Companies Earning More Than Countries by Batterboy: 8:14pm On Jul 22, 2021 |
Amazon's net worth of $1.6 trillion makes the company richer than 92% of countries in the world. It would outrank all countries except for USA, China, Japan, Germany, India, France, UK, Italy, brazil, Canada and Russia
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Re: International Companies Earning More Than Countries by Batterboy: 8:20pm On Jul 22, 2021 |
Facebook with a market cap of $763 billion would be wealthier than over 150 countries around the world It would outrank all countries except for USA, China, Japan, Germany, India, France, UK, Italy, brazil, Canada, Russia, South Korea, Australia, Spain, Mexico, Indonesia, Netherlands and Saudi Arabia
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Re: International Companies Earning More Than Countries by Batterboy: 8:24pm On Jul 22, 2021 |
Cc lalasticlala |
Re: International Companies Earning More Than Countries by chiiraq802(m): 8:34pm On Jul 22, 2021 |
Nice one. What of Banditry Incorporation owned by Fulani's
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Re: International Companies Earning More Than Countries by Plomo: 11:13pm On Jul 22, 2021 |
Afriqan: Took the words right out of my mouth! 1 Like 1 Share |
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