Last week Apple hits 1 trillion market which is first time by any us company. So I decided why to write a blog about now how big Apple is, SO LETS START
what it means to be 1 trillion market capitalisation
Some people thinks that it is money of apple earns by selling their product.
But it is not that thing the 1 trillion market cap means if you want to buy 💯 % ownership of apple inc. then you have to pay 1 trillion dollars. That’s what market cap means for any company
how market capitalisation is calculated
Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of outstanding shares
Ranking in world by market cap
It doesn’t make any change because Apple is at position of no.1
Apple is worlds no. 1 company in term of market cap.
Is Apple is first company to hit 1 trillion market cap
So the answers is NO
before Apple 1 trillion market is achieved by PETRO CHINA on 5 November 2007.
Therefore be called Apple is first us company to hit 1 trillion dollar market cap not worlds first company.
Is this true that Apple has larger market cap than GDP of 90% countries
So now it’s yes, Apple has larger market cap than GDP of 183 countries out of 199 which shows there GDP to world bank
Here are comparison with some noticeable countries
And now my favourite one
what if Apple is a country
As Apple is so big why not we think that what if it is a country
So if it is country then it’s gdp is at 17 rank.
And it will be 55th richest country of the world. It’s amazing
comparing Apple with hole crypto market
The current market cap of all crypto market is 256 billion
And Apple has market cap of 1 trillion
Can you imagine all crypto market cap is only 25% of Apple's market cap.
That’s it for today guys upvote if like the post it will encourage me to write good blog in future