Apple Inc. become the second company in the world whos market captalization has corssed 2 trillion usd, the first to cross this mark was Saudi Aramco.
Million has 6 zeros.
Billion has 9 zeros.
Trillion has 12 zeros.
Thats how big Apple Inc. is.
Lets take another context.
See the chart below its from Wikipedia. It shows the Nominal GDP of 10 largest economies/ contries. So only 8 countries in the world have a Nominal GDP which is greater than market cap of Apple.
Another context is all listed comapnies on BSE are values just over 2 trillion $, ~2.07 trillion $.
- Reliance Industries market cap is ~6% of India’s GDP.
- Apple Inc. market cap is ~10% of US GDP
Share price of Apple in the last one year –
Amazon might be next US based company to reach this mark. Its current market cap is 1.65 trillion usd.
An interesting piece of article I had read earlier last week on LinkedIn of who is to be credited for this massive success of Apple. Do you know who?
Short answer – Luca Maestri
Long answer –
Which Indian comapny do you think has this kind of potential?