The Big Apple 🍏
We take a bite into Apple's financials
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Today we visualise just how big Apple is as a company, by comparing its market cap to the top economies in the world. Also, do you know just how much revenue the iPhone brings in? Finally, we take a look at who the largest institutional and individual shareholders are in the largest company in the world.
Is Apple’s market cap larger than your country’s GDP? 🌍
Apple boasts the largest market cap in the world at $2.6T! This figure becomes all the more impressive when you consider that if Apple was a country, it would be the 8th largest economy in the world, nestled between France and Italy. This makes their market cap larger than 96% of country GDPs.
In fact, Apple’s market cap could even pay off the United States’ federal deficit of $1.4T in 2022 and still have some spare change left over. While we’re at it, here are some other things that their market cap eclipses: The Frankfurt Stock Exchange, the combined net worth of the tenth richest people in the world, and the financial cost of both the Iraq War and Vietnam War.
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Apple’s revenue would still be higher than Microsoft’s if they only sold iPhones 📱
In 2022, Apple made $205.5B in revenue from iPhones alone. This accounts for 52% of their total revenue of $394.3B. Furthermore, the iPhone’s revenue on its own is enough to outperform Microsoft’s entire company revenue by over $7B! Other household names such as JP Morgan and Coca Cola are even further behind, with them making $132.3B and $43.0B respectively.
So are there any companies which do have higher revenues than Apple? Yes, there are quite a few including: Walmart at $572.8B (highest in the world), Amazon at $469.8B, and Saudi Aramco at $400.4B.
Who are the largest shareholders in Apple?
We take a look below at who the largest shareholders are in Apple, visualising both the top institutional and individual investors. Taking top spot is The Vanguard Group, an investment management and advisory company. They own 7.68% of Apple’s shares which translates to a value of about $200B. In next place is Berkshire Hathaway, owned by the famous Warren Buffett. They hold 5.66% of shares, or around $148B.
The largest shareholders in Apple are all institutional, however are there any individuals with a significant stake? Not really, all the top individual shareholders hold less than 0.05% in Apple. Arthur D. Levinson is the largest individual shareholder and owns about $761M worth of Apple stock. Tim Cook, the CEO of Apple, has 0.021% which is worth $544M. In third place is Al Gore, former Vice President of the United States, who owns 0.003% just over $76M.
See you this Friday for a deep dive on Microsoft!
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