News for hackers. Stuff that matters.

A comment on Apple Q4/2022. Parent comment

Re:Apple Q4/2022 by KoftaBob on Friday October 28, 2022 @04:53AM (#33369144)
GDP is essentially the total yearly revenue of a country, so it's not directly comparable to a companies market cap.
[ Parent | on HN ]
Re:Apple Q4/2022 by pembrook on Friday October 28, 2022 @07:16AM (#33369942)
GDP isn’t the total revenue of a country, total tax receipts are.

If you think of the German government as a business, they generate roughly 2X the revenue of Apple, but with 5 million employees vs. Apple’s 150k.

Of course, the German government doesn’t optimize for growth and expansion like a company does (at least…not yet in this century… nervous laugh)

[ Parent | on HN ]