Is Apple richer than Egypt?

Apple's annual revenue is higher than Malaysia's GDP

The company's four-quarters revenue is closer to the GDPs of famous economies of the world i.e., Egypt ($402.8 billion) and the UAE ($409.9 billion).

Is Apple the richest country in the world?

Country-level Revenue

In Q3 2022, Apple reported revenue of $82.959 billion in the period. If counted as a country, Apple's quarterly figure would be in 70th place, behind the $83.6 billion of Oman and ahead of Sri Lanka's $82.5 billion.

How much richer is Apple than other countries?

Now worth a cool $2.2 trillion, compared to the wealth of countries' worldwide — it would be the 8th richest country in the world. Hitting this milestone means Apple is currently wealthier than Italy, Brazil and Canada in terms of GDP and ultimately would be richer than 96% of countries on Earth.

Is Apple really worth $2 trillion?

Yet Apple shares still did better than other companies in the tech space, with Alphabet and Amazon shares falling 38.8% and 50.7% respectively over 2022. Apple is still the world's most valuable company, ahead of Saudi Aramco and Microsoft, which both slipped from a $2 trillion valuation last year.

What countries are poorer than Apple?

American MNC Apple is richer than many countries across the world. Its revenue is more than the GDPs of several countries including Bahrain, Tajikistan, Armenia, Brunei, Palestine, Nepal, and others.

Why Egypt is the most important nation in the world now

Is Apple richer than America?

As the U.S. government struggles to reach an agreement on the debt-ceiling, the U.S. Treasury's balance has fallen behind Apple Inc. The balance fell to $74 billion behind Apple's $76 billion. Apple is the second largest company in the world by market value, at nearly $362 billion.

What is the first $3 trillion dollar company?

Apple (AAPL) Becomes World's First $3 Trillion Company.

What year did Apple hit $1 trillion?

Apple became the first publicly traded U.S. company to hit a $1 trillion market cap during intraday trading on Aug. 2, 2018. It hit a $2 trillion valuation just over two years later on Aug. 19, 2020.

What was the first company to reach $1 trillion?

Apple became the first publicly traded U.S. company to hit a $1 trillion market cap during intraday trading on Aug.

Is Apple richer than Japan?

Apple is the richest corporation in terms of cash in the world. The company has more cash reserves than the cash reserves of all Indian IT players put together. Apple's market cap is more than the GDP of 186 countries. Only US, China, Japan and Germany are ahead of it.

Is Apple bigger than Disney?

In terms of market capitalization, Apple is worth more than Disney. Apple's market cap is $2.434 trillion as of March 6, while Disney's market cap is $183.887 billion.

Where does Apple rank in the US?

Apple has regained its third-place position in the annual Fortune 500 rankings of the largest companies in the United States by revenue. Apple earned $274.5 billion in revenue in the last fiscal year, an increase of 5.5 percent, and made $57.4 billion in profit, a 3.9 percent increase.

Is Apple richer than Russia?

Apple is worth more than 96% of the world

Apple's gargantuan net worth means it exceeds the GDP of countries like Italy, Brazil, Canada and Russia. In fact, there are only seven countries in the world with a higher GDP than Apple's $2.2 trillion - meaning the tech giant is richer than a whopping 96% of the world.

Which is bigger Apple or Amazon?

Combined, Apple is now worth more than some of the largest companies on the planet. This includes being worth more than Google, Amazon, Tesla Inc.

How much is Apple worth $3 trillion?

Apple became the first company to reach $3 trillion market value Monday, a leap of $1 trillion in just 16 months, despite sometimes unsteady iPhone sales and supply chain issues.

Could Apple be worth $3 trillion?

Apple stock was valued at nearly $3 trillion exactly one year ago, but the share price took a 30%-plus dive in the 12 months that followed. How could the milestone be reached in 2023? Apple stock (AAPL) - Get Free Report came close to being valued at $3 trillion, but the milestone was never reached.

How Apple got to $3 trillion?

On the first day of trading in 2022, the Silicon Valley company's shares hit an intraday record high of $182.88, putting Apple's market value just above $3 trillion. The stock ended the session up 2.5% at $182.01, with Apple's market capitalization at $2.99 trillion.

What was the first $1 billion dollar company?

United States Steel Corporation (NYSE:X) was the world's first company to surpass the market capitalization mark of $1 billion dollars.

How many billions are in a trillion?

One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000,000, 000 and can be written as 1012 (ten to the twelfth power). It takes about 32,000 years to finish 1 trillion seconds.

Is Apple bigger than Russia?

At a market cap of more than $2.1 trillion, Apple's market capitalization is larger than 96% of country GDPs, a list that includes Italy, Brazil, Canada, and Russia.

Is Apple richer than China?

Apple's market cap is more than the GDP of 186 countries. Only US, China, Japan and Germany are ahead of it.

Is Google richer than Apple?

In the fiscal year 2022, Alphabet's revenue was 282.83 billion U.S. dollars. Comparatively, in the fiscal year of 2021, hardware-focused Apple's 365.82 billion U.S. dollar revenue was over double the amount of Microsoft's 168.09 billion U.S. dollars.