Asked by: Atiq Schmidhammer
personal finance hedge funds

Is Apple richer than some countries?

Last Updated: 9th April, 2020

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.

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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.

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