The dark blue states are carrying the rest of the USA.
Posted on 02/23/2015 11:55:40 PM PST by Swordmaker
Just how ginormous is Apple Inc. now?
As the iPhone-maker’s shares continue to set fresh record highs, its market cap is now above $765 billion. Combined with Exxon Mobil Corp.'s pullback over the past six months, Apple has pulled off the rare occurrence of being worth at least double any other publicly traded U.S. company. No. 2 Exxon’s market cap has eased to $374 billion.
(Excerpt) Read more at blogs.wsj.com ...
I pay attention to all kinds of economic statistics. Show me the ones you are talking about. Thanks.
I assume this wasn’t meant for me :-)
The dark blue states are carrying the rest of the USA.
It was meant for you .... IN REFERENCE TO ... another poster you were replying to ... :-) ... “just sayin’ doncha know” ...
If there is an economic collapse Texans will demand secession.
I would say that the first four colors are carrying the last color.
You could remove Texas and still be QUITE GOOD in the USA, economically!
That ECONOMIC DEPRESSION in Texas, that I mentioned up above, would be the RESULT of anyone removing Texas from the USA. It’s the “result” and not the “cause” ... you see ... :-) ...
Contemplating the irony of that 1984 Superbowl commercial now.
... LOL ... I guess Apple wiped IBM out of the PC market then ... :-) ... good for them!
IBM did that to themselves with MicroChannel Architecture, but it's so like you to give Apple credit for it.
Good chart. Without the relative weights of each state you can’t tell the impact. For example CA growing 2% will have a much larger impact on US GDP than ND 9.7%. California GDP is $2.05T so a 2% growth rate is +$41B to GDP while ND’s $50B GDP grew and impressive 9.7% but only added $4.4B to US GDP.
Looking at the data if you completely removed the growth from Texas ($49B) then total GDP growth would have been 1.5% instead of 1.8% reported in 2013.
Ummmm ... I do believe it was YOU who brought up the Apple commercial in 1984 ... :-) ...
Texas added 0.3% to GDP in the chart referenced.
And it was YOU that gave Apple credit for IBM failing in the PC industry.
Stupid dance.
I didn’t see that on the chart, but I know what you’re talking about. You’re referencing the entire USA GDP. And yes, that’s relevant in terms of the effect of Texas “overall”.
Then you shouldn’t be asking for a “dance” in the first place ... LOL ...
One more thing ... just in general about Texas ... for some reason there are a certain number of people who give Texas an overinflated view of things. AND ... having been from Texas, I guess I can understand that, even if it’s NOT REAL! ... :-) ...
I mean ... if you’re in Texas ... even the JACKALOPES are HUGE! ... and that’s a fact! ... LOL ...
From a purely hard asset point of view, exactly what assets does Apple have? They certainly have a tremendous cash hoard but what else. Do they own any of their own manufacturing facilities or anything else for that matter?
Exxon-Mobile on the other hand has a boatload of hard assets, yet their market value is not what Apple’s is.
Apple’s worth is based upon their over valued stock and a lot of hype, in the long run I would rather own Exxon.
Go pound sand up your ass. I wasn’t talking to you, anyway.
One of the DANGERS of posting on a thread ... is ... someone might reply to you ... UH-OH ... that’s real bad news! ... LOL ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.