Is Apple Worth More Than The US Government?

With that market cap, Apple is worth over 1% of the world’s GDP according to the latest estimates from the World Bank that peg the world’s output at $80.6 trillion.

That also means the company is valued at over 5% of America’s $19.3 trillion GDP.7 Jul 2019

Is Apple worth more than Microsoft?

Microsoft’s stock rose 0.7% Friday, giving it a market cap of $851 billion, according to Nasdaq. Apple’s stock, which fell 1%, closed the day worth $847 billion. For the past several years, Apple has ruled as the U.S. stock with the largest market cap.30 Nov 2018

Is Amazon worth more than Apple?

But in spite of all of the press coverage around this major milestone, Apple is not even the most valuable company in the world. That distinction belongs to fellow tech giant Amazon. Amazon passed Apple in enterprise value back in June during its meteoric rise and is now worth $80 billion more than Apple.2 Aug 2018

What is Apple’s 2019 worth?

Apple worth $1 trillion for first time in 2019 after detailing new iPhones, streaming pricing.14 Sep 2019

How much cash does US government have?

Over the course of the 2018 fiscal year, the US government took in $3.329 trillion. This number reflects the amount of money the government earned from revenue, both taxes and miscellaneous sources (or nontax revenue, an insignificant source).5 Feb 2019

Is Google a trillion dollar company?

Google joins the race to $1 trillion. Google was already worth more than $800 billion and, while well short of Apple, is now jumping into that batch of companies that are on their way to being a $1 trillion company. Google’s advertising business continues to be healthy and growing.23 Jul 2018

How much is YouTube worth today?

In 2017, estimates said that if YouTube were a stock, it would be worth some $75 billion dollars at least. This makes it five times the cost of Twitter, that has an estimated market value of $14.52 billion. The purchase of this website has truly paid off for Google.9 Jan 2019

Is Amazon a trillion dollar company?

Amazon becomes second trillion-dollar company in U.S.

It is currently worth about $1.1 trillion. Amazon had $178 billion in revenues last year and made $2 billion in profit in its most recent quarter.4 Sep 2018

What are the top 5 richest companies?

  • Walmart – $485.9 billion revenue in 2017.
  • State Grid Corporation of China – $315.2 billion revenue in 2017.
  • Sinopec Group – $267.5 billion revenue in 2017.
  • China National Petroleum Corporation – $262.6 billion revenue in 2017.
  • Toyota Motor – $254.7 billion revenue in 2017.
  • Volkswagen – $240.3 billion revenue in 2017.

How much is a trillion?

In the American system one billion is 1,000,000,000 and a trillion is 1,000,000,000,000 so one trillion is one thousand times one billion. In the British system one billion is 1,000,000,000,000 and one trillion is 1,000,000,000,000,000,000 so one trillion is one million times one billion.

Is Apple worth a trillion?

Apple Is (Almost) a $1 Trillion Company Again

Apple (AAPL) is worth $1 trillion again. Almost. Apple’s strong June quarter results have the stock trading about 4.3% higher after hours on Tuesday. In the regular session, the stock finished with a market cap of $960.6 billion.30 Jul 2019

How Much Is Steve Jobs Worth?

Investopedia reports that “When he died, Jobs’ stake in the company he helped found and later returned to lead to dominance was worth about $2.1 billion, in the form of 5.5 million shares.” But more of his $10 billion net worth at the time of his death came from Disney than from Apple.31 Jan 2019

Who owns Apple now?

As it’s a public company, it is owned by its shareholders. The largest shareholder is Arthur Levinson, who holds 1.16 million shares in the company. He is also chairman of the board at Apple, and CEO of research and development company Calico. As of December 2017, Tim Cook is second with 901,474 shares.3 Aug 2018