Sector(s): Technology Industry: Consumer Electronics Full Time Employees: 147,000 While it's easy to focus on hardware, Apple makes billions from selling services. The total market capitalization of all shares traded on the top 72 stock exchanges around the world was $84.9 trillion as of July 2019, per data compiled by the World Federation of Exchanges. Apple represents 1.5% of that total. Apple’s size and the fact that most of Apples products e.g. Apple products are built to last, making them a worthwhile investment. The revenue growth was below Apple Inc 's competitors average revenue growth of 21.89 %, recorded in the same quarter. Apple appears to be focused on China as its most important growth market. One Apple Park Way Cupertino, CA 95014 United States 408-996-1010 http://www.apple.com. If you don't own it yet, wait until the quarter," said TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio. Congressional Budget Office. "Apple Market Cap 2006–2019 | AAPL." In 2001, Apple broke the barrier with the iPod, eventually becoming the dominant market leader in music players. Accessed Jan. 3, 2020. So you may have already heard that Apple’s valuation crossed one trillion dollars on Thursday August 2nd, but you may not know exactly what that means. "Top 72 Exchanges by Market Capitalization." By the end of 2010, Apple had sold 73.5 million iPhones. The offers that appear in this table are from partnerships from which Investopedia receives compensation. In fiscal 2015, the iPhone by itself generated $155 billion in sales, more revenue than nearly all of the companies in the S&P 500, including such mega-caps as Amazon, Alphabet, Facebook, Microsoft and others. "Monthly Budget Review: Summary for Fiscal Year 2019." Those exchanges immediately behind Apple are the Taiwan Stock Exchange, Brasil Bolsa Balcao, Johannesburg Stock Exchange, BME Spanish Exchanges, Moscow Exchange, and Singapore Exchange., The U.S. government’s expenses far exceed its revenue generation, leading to a burgeoning budget deficit which has been a subject of hot political debates. Cost of WWI, the Vietnam War, and the Iraq War, 5. "Jeff Bezos." Accessed Jan. 2, 2020. Accessed Oct. 29, 2019. It also exceeds the total value of stocks on most exchanges worldwide. The larger the number, the smaller the diameter of the apple. The World Bank. Accessed Jan. 2, 2020. Apple is slated to report earnings after the bell on Jan. 26, when it is expected to show slowing iPhone growth. Our team can also help you find financing options to fit your budget, and show you how to trade in eligible devices for credit towards your next purchase. Federal Reserve Bank of St. Louis. Apple Inc. leads all public companies with a $1.3 trillion market cap. The federal budget is an itemized plan for the annual public expenditures of the United States. The only exception is World War II, with an estimated cost of $4.1 trillion in 2011 dollars., Jeff Bezos is the world’s richest man according to Forbes magazine, which estimated his net worth to be $118 billion as of Jan. 2, 2020. The combined wealth of the top 11 on the Forbes list, including other well-known names such as Bill Gates and Warren Buffett, is estimated at $897 billion, which is below Apple's market value. Samsung has a market capitalization of about $260 billion USD as of May 2020, barely a quarter the size of Apple’s. Apple's market cap is massive by a variety of other comparisons. To equal Apple's market cap, one has to add the top 18 billionaires on the list.. Here's an infographic showing the size and scale of some of Apple's various financial metrics, highlighting just how big it really is: Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Global GDP was $85.9 trillion in 2018, per the latest data from the World Bank, and Apple's market cap is 1.5% of that figure. 2. TradingHours.com. Apple is expected to ship around 76 million iPhones in the fiscal first quarter, a growth rate of less than 2% year over year. Its public offering in December was the biggest since 1956, when the Ford Motor Company had gone public. Company profile page for Apple Inc including stock price, company news, press releases, executives, board members, and contact information In Walter Isaacson's terrific biography of Steve Jobs there's a wonderful passage that describes "The Apple Marketing Philosophy," three clear, concise points drawn up right when the company … Last week, Apple became the first American public company to cross $1 trillion in market value, but how does the company's worth compare to the biggest companies around the world? Apples are sized according to the approximate number of apples that can be contained in a standard box (38 pounds), Euro’s, and other cartons available. The founders of the company are the world-renowned Steve Jobs with Steve Wozniak and Ronald Wayne. Accessed Jan. 2, 2020. In January, the company said it planned to add 25 Chinese retail stores by the middle of next year. The 2011 U.S. Debt Ceiling Crisis was a contentious debate on the borrowing limit of the United States government in July 2011. A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. "Statistics Portal." While wars cause the destruction of life that cannot be measured, a 2010 Congressional Research Service report estimated the economic cost of each U.S. war between 1775 and 2010, adjusting the figures to reflect constant dollar prices as of fiscal year 2011. Apple annual revenue for 2019 was $260.174B , a 2.04% decline from 2018. The Market Value of Some Stock Exchanges, 4. Accessed Jan. 2, 2020. A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. Want to be alerted before Jim Cramer buys or sells AAPL?Learn more now. It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. Apple Inc. (AAPL) became the world's first company to record a market capitalization of $1 trillion, and subsequently passed the $1.3 trillion threshold in Dec. 2019. Apple owners are about 50% more likely to have arranged an online travel purchase within the last month. A close-up of two Apple iPhones. Over a period of five quarters the company sold 6.1 million first generation iPhones. The iPhone runs on Apple’s iOS mobile operating system. Designed to help students explore basic corporate structure. Apple revenue for the twelve months ending December 31, 2020 was $294.135B , a 9.88% increase year-over-year. Apple revenue for the quarter ending December 31, 2020 was $111.439B , a 21.37% increase year-over-year. Compare AAPL With Other Stocks PRICE PER 38 LB. Gross domestic product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. The Americas segment includes both North and South America. Congressional Research Service. World Federation of Exchanges. Accessed Jan. 2, 2020. iphone, ipad share the same components the company can buy parts such as processing chips and display screens at lower prices due to buying in bulk benefiting from Marketing Economies of scale. Using data from Forbes, personal finance site HowMuch put together a visualization that compares Apple's value with those of the most valuable company in countries around the world. The Combined Net Worth of the World's 18 Richest People.