Friday, January 20, 2012

At $400 billion, Apple is worth more than Greece - Jan. 19, 2012 [CNN]

Signs of the times

Apple's market cap is higher than the gross domestic product of Greece, Austria, Argentina, or South Africa. (For more comparisons, check out this excellent blog: Things Apple is Worth More Than.)

Despite its size, Apple is still one of the fastest growing technology companies. The company will report its finances for the past quarter next week, and analysts expect Apple to announce that its sales grew by 45% compared to last year, according to a survey conducted by Thomson Reuters.

At $400 billion, Apple is worth more than Greece - Jan. 19, 2012

1 comment:

pbokelly said...

I've received some useful feedback noting that the comparison of Apple's market cap to Greece's GDP is not particularly really relevant; Apple's latest annual revenue was $108B, compared to Greece's latest GDP of $329B