Asked by: Atiq Schmidhammer
personal finance hedge funds

Is Apple richer than some countries?

23
Apple Inc. leads all public companies with a $1.3 trillion market cap. This figure exceeds the GDP of most countries. It also exceeds the total value of stocks on most exchanges worldwide.


Simply so, how many countries have more money than Apple?

Apple's record $64B quarter is more than 34 countries combined will earn this year. Apple hit yet another record for the September quarter results with $64 billion in revenue. Here's how that compares to previous quarters, earlier years, and how much money some countries and US states generate.

Subsequently, question is, who is richer Disney or Apple? Disney makes the Marvel and Star Wars movies and owns all those theme parks, but its market capitalization is just $113 billion. In order to get to Apple's $1 trillion value, you'd have to add the rest of the U.S. media industry, including Comcast and Netflix, to reach $956 billion, according to The New York Times.

Also asked, is Amazon richer than Apple?

Amazon beats Apple and Google to become the world's most valuable brand. Amazon has overtaken Google and Apple to become the world's most valuable brand at $315.5 billion. Google is in third place, at $309 billion.

Is Walmart richer than Apple?

Apple typically has a gross profit margin of around 39%. They earned a net profit of $53.4 billion in 2015. Walmart earned a profit that was only 27.5% of Apple. 27.5% of Apple's market value would be $160 billion, whereas Walmart's actual market cap of $230 billion is 44% higher.

Related Question Answers

Chakir Weidenstrass

Professional

How much money does Bill Gates have?

Here's how he spends his $110 billion fortune, from a luxury-car collection to incredible real estate. On Friday, Bill Gates regained the title of the richest person in the world from Jeff Bezos, according to the Bloomberg Billionaires Index. Gates' net worth is $110 billion.

Aimei Castiço

Professional

Why is Apple valued so high?

As long as Apple continues to innovate, there will be heightened demand for its products and services. This leads to pricing power, expanding profit margins and improved cash flow, which help drive the stock price higher while also allowing Apple to return capital to shareholders.

Prados Reynoso

Professional

Could Apple Buy a country?

In case Apple wishes to buy an entire country and rename it as Apple Land or Apple Campus, it has enough money to so. If we take a look at the current GDP reserves of all nations, Apple could afford countries like Finland, New Zealand, Portugal, or Chile.

Saleh Rezac

Explainer

Is Apple worth a trillion?

Apple Is (Almost) a $1 Trillion Company Again
Apple (AAPL) is worth $1 trillion again. On that basis, Apple will hit $1 trillion in market cap at $220.68 a share. The stock in late trading Tuesday is a little below that level, at just over $217.35, giving it a market cap of about $983 billion.

Socorro Piay

Explainer

Is Disney a trillion dollar company?

Disney is a globally-recognized household name in media and entertainment with a market cap of almost a quarter-trillion dollars. In addition to a movie empire that features key trademarks such as Mickey Mouse and Donald Duck, the company also owns Pixar, Marvel Studies (superhero movies), and LucasFilm (Star Wars).

Cinthya Biebel

Explainer

Who owns Apple now?

Now Apple Inc. is owned by two main institutional investors (Vanguard Group and BlackRock, Inc). While its major individual shareholders comprise people like Art Levinson, Tim Cook, Bruce Sewell, Al Gore, Johny Sroujli and others.

Abdennassar Kullinat

Pundit

How much is Apple's debt?

The sum of all debt and capital lease obligations. Apple's total debt last quarter was 108 billion. Apple's total debt hit its four-year low in September 2016 of 87.032 billion. Looking back at the last four years, Apple's total debt peaked in September 2017 at 115.7 billion.

Nayma Akter

Pundit

What is the richest company in the world?

The richest companies in the world by revenue are Walmart, Chinese petroleum and chemical corporation Sinopec and Royal Dutch Shell.

Vannesa Seah

Pundit

What's the number 1 company in the world?

The Top 100 Best-Performing Companies In The World, 2019
Rank Company Market value
1 Apple 961.3
2 Microsoft 946.5
3 Amazon 916.1
4 Alphabet 863.2

Nelina Ruhrdanz

Pundit

Who is a trillionaire?

Jeff Bezos may have lost an estimated $38 billion in his recent divorce, but the Amazon CEO is still the richest person on the planet. According to Comparisun, his net worth has grown at a pace of 34 percent over the last five years, which could make him the world's first trillionaire by 2026.

Yuri Liebtanz

Pundit

Can Apple buy Disney?

Disney and Apple have decades of close ties, including Steve Jobs and Bob Iger sitting on Disney's board. Apple has about $250 billion in cash on hand and 'should've bought Disney a couple years ago,' says media and tech investor Eric Jackson.

Ahlam Fehners

Teacher

Who is worth a trillion dollars?

Top 15 richest Americans
Rank Name Sources of wealth
1 Jeff Bezos Amazon
2 Bill Gates Microsoft, Cascade Investment
3 Warren Buffett Berkshire Hathaway
4 Mark Zuckerberg Facebook

Ruslan Seguido

Teacher

Is Amazon still a trillion dollar company?

Amazon becomes second trillion-dollar company in U.S.
It is currently worth about $1.1 trillion. The company's blowout success has made its founder and CEO, Jeff Bezos, No. 1 on Forbes' billionaires list this year. Amazon had $178 billion in revenues last year and made $2 billion in profit in its most recent quarter.

Leonas Hansbauer

Teacher

Who has trillion in the world?

The World's Billionaires
Publication details
Wealthiest Jeff Bezos
Net worth (1st) US$131 billion
Number of billionaires 2,153
Total list net worth value US$8.7 trillion

Firas Aushev

Teacher

What are the 10 most profitable companies in the world?

The World's 10 Most Profitable Companies
  • Saudi Aramco - $110.9 billion.
  • Apple - $59.5 billion.
  • Industrial & Commercial Bank of China - $45 billion.
  • Samsung Electronics - $39.8 billion.
  • China Construction Bank - $38.4 billion.
  • JPMorgan Chase & Co. - $32.4 billion.
  • Alphabet - $30.7 billion.
  • Agricultural Bank of China - $30.6 billion.

Mateus Vikharev

Reviewer

Is Facebook a trillion dollar company?

The largest five companies in the S&P 500—Apple, Microsoft, Alphabet, Amazon and Facebook Inc. —now account for about 19% of the index in terms of weighting. Apple is now approaching a $1.4 trillion market cap, while Microsoft is at $1.27 trillion and Amazon is at $931 billion. Facebook stands at $633 billion.

Julien Mitterlechner

Reviewer

Alphonse Taltskov

Reviewer

Is Apple richer than Samsung?

Apple is not only the largest tech company in the world, but also also the 9th largest company in the world. So yeah, numbers speak it very loudly. Apple is very very rich than Samsung.

Rashida Lagares

Reviewer

What is Apple's 2020 worth?

The company has largely delivered on that promise, and trailing-12-month (TTM) services revenue is currently $46.3 billion. At its current trajectory, Apple's services business will easily top the $50 billion threshold in 2020.