Apple is worth three trillion dollars: Two times the GDP of Spain and Portugal together

If someone would like to buy everything they produce Spain and Portugal together - from all taxi trips to all agricultural, automobile production, and everythin

Apple is worth three trillion dollars: Two times the GDP of Spain and Portugal together

If someone would like to buy everything they produce Spain and Portugal together - from all taxi trips to all agricultural, automobile production, and everything they sell Zara stores - in two years, would go out more or less for the same to acquire Apple. In fact, there are only six countries with a nominal GDP greater than that of that company: USA, China, Japan, Germany, Great Britain, and France. The iPhone company has broken the psychological barrier of 3 billion dollars (2.66 trillion euros), which represents a 35% revaluation in twelve months. In the last three years, the company that runs Tim Cook has uploaded 30% per year. It is a brutal revaluation in any company; In the most expensive in the world, it is unimaginable.

And yet, Apple seems in a situation in which it is, virtually, sentenced to continue climbing. That is partly due to its specific weight in the indexes that, in turn, is a direct consequence of its enormous value. Each time an investment fund based on the Dow Jones, Al Standard and Poor's, Nasdaq, in technological values, in large capitalization companies, or in leading dividend companies, you have to buy Apple. The apple company is situated in all these categories, and can not be set aside.

Apple's unstoppable rise arrives, paradoxically, after a year in which the company has barely removed new products. This adds indications that sales of the new iPhone series - 13 - are very minor than expected, to the point that the company could have asked its suppliers to cut the manufacture of components. Apple has closed 2021 with stores in which customers could only come to take devices that would have previously acquired online. And in December the company launched Bonus ranging between 50,000 and $ 180,000 (from 44,000 to 160,000 euros) to its engineers so that they do not go to goal, the old Facebook, which has decided to bet its future to virtual reality.

For 2022 Apple's expectations are better, and they could even include an increased reality device, although this is a product that is already waiting since 2020. Meanwhile, Apple continues to engulfed in the mysterious Titan project, which is as the Initiative of the Technology to build a car. The initiative has been running, with two steps forward and one back, for almost ten years, but in 2021 it seems to have gained momentum. Although there is no official version of Apple, it is assumed that the car could reach 2025 - just the year when Tim Cook could retire - and be totally autonomous.

Beyond Apple's milestone, there is the question that the US stock market is tremendously concentrated in the dozen technology companies, which account for 30% of the value of the Standard and Poor's, the reference index of the large companies in that country. If that sector is affected by some kind of crisis and their shares fall, the impact would be enormous in all markets in the world, and could even cause a recession of the global economy.

Updated Date: 07 January 2022, 03:47

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