Sunday, June 16, 2024

Apple is Now Worth More Than the GDP of Sweden

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Fortune: On Thursday, Apple’s stock closed at a record high: $493.17. That increased the company’s market cap to approximately $460 billion. Not only is Apple the most valuable company in the world–it’s worth more than rivals Microsoft and Google combined. In fact, Apple is now worth more than each of the following:

  • The gross domestic product of Sweden ($458 billion)
  • All the gold in the Federal Reserve ($350 billion)
  • All the illegal drugs in the world ($321 billion)
  • 2.5 Apollo space programs ($145-$170 billion apiece)
  • Fourteen National Football Leagues ($33 billion for all the teams combined)

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