Things Apple is Worth More Than

Apple is Bigger than the Entire 1977 US Stock Market

downtownjoshbrown — Fri, 14 Sep 2012 13:08:14 -0400

Yup.

Here’s S&P’s Howard Silverblatt via Brendan Conway at Barron’s:

Apple is trading at a new high of $695 per share (old high was $685.50), with a total market value of $651.5 billion. When I started at S&P in May of 1977 the entire market value of the S&P 500 was $623 billion (T was #1 with $38B, then IBM, XON, GM and GE – EK was #6 and S, which was Sears, was #7). It was not until August of 1978 that the index reached the $650 mark (when IBM was #1 with $43B, then T, XON, GM, GE, EK at #6, with S down to #9) – now, 34 years later, one company is $650 billion. So in October of 2046 will some issue be worth $13.9 trillion? FYI – the Aug,1978 to Sep,2012 full market value growth calculates to a 9.3% annualized rate (I have an app that calculates it – it called a hp12c, circa 1981, when T was back to being #1 in market value).

Okay then!

Annual Prescription Drug Sales in the United States

economicdisconnect — Thu, 23 Aug 2012 19:16:37 -0400

For the year of 2010*, total prescription drug sales in the United States amounted to 307 billion dollars. The top 20 prescription drugs by sales came to 78.3 billion dollars in 2010. Apple, with a market cap of 621 billion dollars, is worth more than two years of medications. With revenue north of 100 billion a year, Apple generates more sales than the top 20 drugs on the market.

*- growth runs around 2-3% annually, using best available numbers

-GYSC

Apple is Worth More than 300 Years of Irish Beer Consumption

downtownjoshbrown — Sat, 17 Mar 2012 17:56:35 -0400

The Irish people drink 91 litres of beer per head annually. That works out to almost 275 million pints of beer every year. If the average pint is a little over 4 GBP (or 7 dollars), we’re talking almost $2 billion a year.

With Apple’s market cap now t $550,000,000, it is worth the annual beer consumption of Ireland - 300 times over!

Happy St. Patricks Day from Josh and GYSC!

The Construction of the Interstate Highway System

economicdisconnect — Sat, 25 Feb 2012 10:41:14 -0500

One of the more ambitious public works projects ever done in the United States was the construction of the Interstate Highway System. Over 35 years from 1956 to 1991, some 47 thousand miles of highway were built with the program at an estimated cost of 477 billion dollars (estimates in 1996 dollars, 2006, and 2009; inflation adjusted). With a market cap of 487 billion dollars, Apple is worth more than the construction of the highways across America.

-GYSC

Apple Is Worth More Than 1 Billion iPads

downtownjoshbrown — Mon, 13 Feb 2012 19:50:00 -0500

OK, this one gets a little meta, but bear with me…

Today Apple stock finally crossed over the $500 per share mark, meaning that a single share now costs more than an iPad2 (which starts at $499.00 on Apple’s website.

Put another way, the entire market cap of Apple would buy you just a smidge over $1 billion iPads - just in case you were playing Santa Claus to the entire galaxy or something!

hat tip @checkoutjared

The United States Aircraft Carrier Fleet

economicdisconnect — Sat, 11 Feb 2012 19:30:29 -0500

The aircraft carrier is the ultimate expression of the ability for a nation to project military power globally. The United States operates 10 Nimitz class aircraft carriers. At a cost of $4.5 billion dollars each, the 10 carriers cost roughly $50 billion dollars to build and develop. Over the next 30 years the US Navy will move to to the Gerald R. Ford class aircraft carrier. Each is expected to cost $9 billion dollars. Assuming complete replacement, over $90 billion dollars will be spent to procure the next generation carriers. With a market cap of over $450 billion, Apple is worth more than the symbols of US military power projection a few times over.

(NOTE: This covers the cost of the carriers themselves. What makes them special are the crews and operational personnel, and that cannot be measured in dollars.)

-GYSC

Retail Sales of Electricity in the United States

economicdisconnect — Sat, 04 Feb 2012 11:48:11 -0500

Retail sales of electricity amounted to $350 billion dollars in 2009 (Last completed survey by US Energy Administration). With a market capitalization of over $400 billion, Apple is worth more than all the money spent powering gadgets for an entire year in the United States.

-GYSC

Worldwide Lottery Sales

economicdisconnect — Sat, 28 Jan 2012 20:10:13 -0500

Worldwide lottery sales amounted to 240 billion dollars in 2009 (best free statistics available). Assuming even 10-15% growth to 2011 year end, Apple’s 400 billion market cap engulfs the money spent on hopeful thinking.

-GYSC

The Global Coffee Industry

economicdisconnect — Wed, 25 Jan 2012 21:55:20 -0500

The global coffee industry employ some 25 million people and generates $70 billion dollars a year. With a market cap of over $400 billion, Apple is worth more than 5 years of the coffee industry. In addition, Apple’s $46 billion in revenue in the last quarter eclipses the United States coffee industry value, estimated at $19 billion.

-GYSC

The United States Beef Consumption

economicdisconnect — Sat, 21 Jan 2012 11:44:59 -0500

The retail value of consumed beef in the U.S. was 74 Billion dollars in 2010. 26.4 billion pounds were consumed. At a market cap of 390 billion, Apple is worth more than all the steaks and cook out goodies for an entire year in the United States.

-GYSC

The Only Thing Bigger

downtownjoshbrown — Wed, 05 Oct 2011 22:35:00 -0400

The only thing bigger than Apple was Steve Jobs.

He was our Galileo, our Da Vinci, our Edison and our Franklin…yet somehow more because he was here and now, changing how we lived our lives today.

Goodbye Steve, and thank you for everything.

www.apple.com

Four American Civil Wars

economicdisconnect — Thu, 29 Sep 2011 21:03:00 -0400

The United States Civil War was the most terrible conflict in American history. Casualties for the Civil War amounted to more American casualties than all other American wars combined.

The entire country stopped and fought for 4 long years. Estimates for the cost of the Civil War range from 75 Billion to 84 Billion. While the cost in lives lost cannot be measured, Apple with a market cap of 360 Billion is worth more than 4 American Civil Wars.

-GYSC

Two Entire Apollo Space Programs

economicdisconnect — Mon, 26 Sep 2011 20:47:58 -0400

The space race was one of the most public and contested conflicts of the Cold War. The United States, having decided that beating the Soviet Union to the Moon was in the nations best interest, pushed forward with a Moon landing no matter the cost.

The Apollo Space Program was given top priority and spending was fast track approved. The final cost of the project was (inflation adjusted) 145-170 billion dollars. Apple at 370 billion is worth more than two entire Apollo space programs.

-GYSC

The Entire National Football League - Times Ten

downtownjoshbrown — Sun, 25 Sep 2011 17:28:00 -0400

The annual NFL football franchise valuations list has just been released by Forbes (full list here). This year - for the first time ever - the average franchise in the league is worth over a billion dollars.

15 of the NFL’s 33 franchises are worth over a billion apiece. The most valuable team is the Dallas Cowboys, valued at $1.85 billion.

If you added up all the value of every team in the NFL, you’d come up with some $33 billion as your total. With Apple’s current market cap of roughly $380 billion, it is worth more than ten times that!

The United States Automotive Aftermarket

economicdisconnect — Wed, 21 Sep 2011 22:28:33 -0400

The automotive aftermarket includes:

”..all products and services purchased for light and heavy duty vehicles after the original sale including replacement parts, accessories, lubricants, appearance products, tires, collision repairs, service repairs as well as the tools and equipment necessary to make the repair.”

According to the Automotive Aftermarket Industry Association (AAIA), it is valued at $285 billion and employs approximately 4.5 million people.

$380 Billion has it covered.

-GYSC

Twice the Entire US Clothing Store Business

downtownjoshbrown — Wed, 21 Sep 2011 20:08:00 -0400

This one’s gonna mess you up…according to First Research, there are about 100,000 retail clothing stores in the US although it is a very concentrated industry.

The 50 largest companies - like TJ Maxx, Marshalls, Gap, Limited Brands, Abercrombie & Fitch and Ross Stores - account for about 65 percent of industry revenue.

The combined annual revenue for the entire apparel retail industry is around $150 billion.

With Apple’s current valuation of $380 billion, it worth more than twice that.

- Josh

All the Gold at the New York Federal Reserve

downtownjoshbrown — Wed, 21 Sep 2011 15:01:17 -0400

As of August 1st, the New York Federal Reserve Bank in lower Manhattan (made famous in the Bruce Willis flick Die Hard With a Vengeance) was stocked with approximately 7,000 gleaming tons of gold.

The New York Fed is the largest store of gold bullion in the United States and in the world. According to Alex Jones, this stockpile is worth some $350 billion USD.

And Apple, with its now $385 billion market cap is worth more.

The Entire Economy of Singapore

downtownjoshbrown — Fri, 02 Sep 2011 12:02:25 -0400

Singapore is one of the wealthiest countries in the world owing to a government that is hyper-friendly towards business yet very strict on corruption.

The country boasts an astounding $70,000 GDP per capita rate and has been minting millionaires by the truckload despite the global economic turbulence of the last decade.

Singapore’s national GDP in 2016 is projected at $318 billion…and Apple is worth even more.

All the Illegal Drugs in the World

downtownjoshbrown — Mon, 29 Aug 2011 21:21:33 -0400

via Derald Muniz (@1nvestor):

The worldwide illegal drugs trade is now worth an estimated £200 billion (~ $321 billion US)

From:

http://www.mirror.co.uk/news/top-stories/2011/03/29/illegal-drugs-trade-now-worth-200billion-115875-23022916/

The Star Wars, Star Trek, Harry Potter,Stephen King, and Twilight Franchise Combined

economicdisconnect — Thu, 25 Aug 2011 21:06:22 -0400

The Star Wars, Star Trek, Harry Potter, Stephen King and Twilight Franchise Combined

Star Wars: 18 Billion

Star Trek: 4 Billion

Harry Potter: 15 Billion

Stephen King: 10 Billion

Twilight: 2 Billion

Total: 49 Billion.

Wow.

Sourced by search, all numbers are approximate and it’s still not even close.