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A comment on Apple fires leader of AppleToo movement. Parent comment

Re:Apple fires leader of AppleToo movement by TheRealDunkirk on Friday October 15, 2021 @11:41PM (#28885363)
As GDP's go, Apple is the 8th largest country on earth by market cap. I know this is a bad equivalency, but they have VASTLY outsized influence with those 80,000 employees because of the wealth they generate.

With recent moves like Walmart creating in-house health care options, and Salesforce offering to move people out of Texas because of their abortion laws, our late-stage capitalism is morphing into the cyberpunk dystopia predicted by sci-fi writers 30-40 years ago. It's starting to matter more what company you work for, rather than what country you live in.

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Re:Apple fires leader of AppleToo movement by nradov on Friday October 15, 2021 @11:46PM (#28885391)
Comparing GDP to market capitalization is meaningless. If you want to make a useful comparison then GDP is more akin to gross profit.
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Re:Apple fires leader of AppleToo movement by my123 on Saturday October 16, 2021 @05:01AM (#28886527)
Revenue, not gross profit.
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Re:Apple fires leader of AppleToo movement by nradov on Saturday October 16, 2021 @08:40AM (#28887444)
Gross profit, not revenue.

”The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption."

https://ec.europa.eu/eurostat/statistics-explained/index.php...?

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Re:Apple fires leader of AppleToo movement by KingOfCoders on Saturday October 16, 2021 @01:23AM (#28885755)
The market cap of a country (with people, companies, land, resourc s,...) is 10-100x it's GDP, just like the market cap of companies has a multiplier over its revenue.
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