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A comment on Walmart in Early-Stage Acquisition Talks with Humana. Parent comment

Re:Walmart in Early-Stage Acquisition Talks with Humana by siruncledrew on Friday March 30, 2018 @01:04AM (#16713810)
The solution seems like it should just be a given, yet at the same time is really asking a lot of America.

It's pretty crazy that the combined market cap of 5 companies: Walmart, Amazon, Google, Microsoft, and Apple [0] are essentially equal to the entire GDP of Africa [1].

[0] https://www.marketwatch.com/story/amazons-market-cap-falls-b...

[1] https://en.wikipedia.org/wiki/Economy_of_Africa

[ Parent | on HN ]
Re:Walmart in Early-Stage Acquisition Talks with Humana by smnrchrds on Friday March 30, 2018 @01:36AM (#16713920)
It's a meaningless comparison. GDP is annual. Market cap is supposed to represent all future income in perpetuity at a discount. It's like comparing the annual income of person A to the net worth of person B.
[ Parent | on HN ]