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notageek
Tux's lil' helper
Joined: 05 Jun 2008
Posts: 78
Location: Bangalore, India
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 Posted: Tue Mar 13, 2012 1:52 pm Post subject: [richk449] Is Apple really worth more than Poland? |
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http://www.bbc.co.uk/news/magazine-17344386
| Quote: | | "At $500 billion, Apple is worth more than Poland" - so shouted the headlines last week. Can the technology giant really be worth more than this entire country? |
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Naib
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Joined: 21 May 2004
Posts: 3930
Location: UK - Birmingham
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| Posted: Tue Mar 13, 2012 1:58 pm Post subject: |
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and then TFA then goes on to explain why comparing a companies share price (ie what the market things a company will deliver in the future) to the domestic change in one year of a country is flawed
| Quote: | "We would have to make a forecast of future growth of GDP in Poland, and then you would take the present value and use an interest rate," he says.
"My guess is that it would multiply the Polish number by a factor of at least five."
This would give Poland a comparative value of almost $2.5 trillion (£1.6tn), putting it well ahead of Apple. |
</3 sensationalist headlines
Not this article or the OP but the original news article from america
http://money.cnn.com/2012/02/29/technology/apple_market_cap/
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richk449
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