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Apple’s market cap has eclipsed the city of Chicago’s real GDP
Market Watch ^
| May 23, 2017
| By Ryan Vlastelica
Posted on 05/23/2017 9:20:35 AM PDT by Swordmaker
AAPL, -0.08% market capitalization of about $803 billion is 38% larger than the real GDP of Chicago, $581 billion in 2016. Apple isn’t the only Silicon Valley notable to top Chicago (and all other U.S. cities save two), either. Google parent Alphabet GOOGL, +0.62% has a market capitalization of $657.9 billion, making its pockets about 13% deeper than the GDP of the home of deep-dish pizza.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Computers/Internet
KEYWORDS: applepinglist; marketcap; statistics
To: Swordmaker
Market Cap and GDP are very different things.
2
posted on
05/23/2017 9:22:04 AM PDT
by
BenLurkin
(The above is not a statement of fact. It is either satire or opinion. Or both.)
To: Swordmaker
3
posted on
05/23/2017 9:29:12 AM PDT
by
Vaduz
(women and children to be impacted the most.)
To: ThunderSleeps; ~Kim4VRWC's~; 1234; 5thGenTexan; AbolishCSEU; Abundy; Action-America; acoulterfan; ..
The Market Caps of both Apple and Alphabet/Google exceeds the GDP of Chicago, Japan, and the Eurozone. Of course, while measuring Market Cap to GDP is comparing, er, value of the Trees to Apples, telling us basically nothing, it is an interesting metric. — PING! Pinging ThunderSleeps for attention for your Ping List?
Apple and Google Market Cap relative to Chicago Yearly Income
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4
posted on
05/23/2017 9:30:07 AM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: BenLurkin
Market Cap and GDP are very different things. I know. Silly, isn't it?
5
posted on
05/23/2017 9:31:10 AM PDT
by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: BenLurkin
But sounds neat to report it. Notwithstanding the fact that surpassed it a couple of years ago. They need a more recent metric that has been surpassed.
To: Swordmaker
Do they include the value of government “services” in this calculation? If so, Apple’s market cap is probably triple that of Chicago.
7
posted on
05/23/2017 9:51:19 AM PDT
by
Opinionated Blowhard
("When the people find they can vote themselves money, that will herald the end of the republic.")
To: Swordmaker
How about comparing the number of murders on Apple property to the number in Chicago. Chicago wins bigly.
8
posted on
05/23/2017 9:56:14 AM PDT
by
KarlInOhio
(a government contract becomes virtually a substitute for intellectual curiosity - Pres. Eisenhower)
To: Swordmaker
That’s GDP excluding drug sales, off-the-books gun sales, etc.
9
posted on
05/23/2017 10:04:41 AM PDT
by
AlmaKing
To: Swordmaker
If all the un-registered firearms were valued, I think it may be a closer number.
10
posted on
05/23/2017 10:28:49 AM PDT
by
Loud Mime
(Liberalism: Intolerance masquerading as tolerance, Ignorance masquerading as Intelligence)
To: Swordmaker
And Apple has accomplished it with far fewer murders.
11
posted on
05/23/2017 10:44:07 AM PDT
by
DPMD
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