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BigWonka t1_isbko3n wrote

Reply to comment by corys00 in Apple slapped with a $19 million fine in Brazil for not selling iPhones with a charger by mepper

I'm not sure you can actually measure a country's value but just for fun, their GDP is 1.9 trillion while Apple was valued at 3 trillion in January

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peanutbj t1_isbn6pu wrote

GDP isn’t really an apples to apples comparison with a company’s valuation.

According to Reuters, Brazil’s YOY revenue from federal taxes alone (ie not including other sources of revenue) is $33.14B. It’s a bit hard to find hard figures on their total revenue combined with federal taxes

According to Statista, Apple’s 2021 revenue is $365.82B.

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KillerBurger69 t1_isbnygu wrote

If Brazil as a country was traded in shares on the stock market. You are saying apple could do a hostile takeover of Brazil.

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loopernova t1_isc0c05 wrote

Apples value is supposed to represent the sum of all cash flow to the firm to an indefinite future.

GDP is just a single year. even if it was all years, it’s not the best comparison. It’s very difficult to make a comparison of worth.

1 year Revenue is probably closest to 1 year gdp.

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Ok_Magician7814 t1_isblqxx wrote

Not a valid comparison

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BigWonka t1_isc02oq wrote

Really? In the first half of my comment I clearly mention that I have a masters in economics and geopolitics with a PHD in comparisons, so it must be valid.

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