Salesforce Signs Definitive Agreement to Acquire Slack

Re:Salesforce Signs Definitive Agreement to Acquire Slack by pbourke on Wednesday December 02, 2020 @09:19PM (#25284497)

> Apple has valuation which is measured in dollars. Sweden has GDP which is measured in dollars per year. The units are different, so the numbers aren't comparable.

Of course. I was referring to Sweden's national wealth[1], which is roughly equal to Apple's market cap of $2T. Sweden's GDP of $560B is only roughly twice Apple's FY2020 revenue of $275B.

Apple is worth roughly 2% of the national wealth of the United States, which is $106T.

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

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Re:Salesforce Signs Definitive Agreement to Acquire Slack by maratc on Thursday December 03, 2020 @03:34AM (#25286848)

> National net wealth, also known as national net worth, is the total sum of the value of a nation's assets minus its liabilities.

For the little sense that comparing a public company to a nation state makes, one still might be inclined to compare Apples to apples (and not to Oranges).

In this case, one should compare National Wealth (country's assets minus its liabilities) against Apple's assets minus its liabilities. That calculation gives us about 65B dollars, which puts Apple somewhere between Ghana (95th) and Turkmenistan (96th).

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