Apple has become the world’s first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets. (Aug. 2)
Apple, the most-valuable company on earth, became the first publicly traded stock to reach a market value of $1 trillion on Thursday. That’s a lot of money — so much that it can be difficult to visualize. Here’s one way to look at it.
Apple’s rise has been driven largely by its wildly successful iPhone, which has been instrumental in shaping the mobile world we live in and is now a staple of daily life for tens of millions of Americans.
So what what would $1 trillion in value look like in Apple iPhone Xs. The lowest-cost version runs about $1,000.
Say you put those phones in box that’s a 1-foot cube. If you didn’t put them in Apple’s snazzy packaging, you could cram at least 325 of them into the box. That’s a pretty expensive box full of phones — about equal to the cost of a Rolls-Royce’s new ultra-luxury SUV. But, we’re just starting.
You could put 2,660 boxes full of iPhones in 40-foot shipping container. That would make $864.5 million. That’s more than than the GDP of a small country. Vanuatu and Samoa had GDPs of $863 million and $857 million, respectively, in 2017, but that’s still just a fraction of Apple’s worth.
Stacking 574 of those shipping containers would get you the S&P 500 fifth-most valuable company, Facebook, but we’re only halfway there.
So what does $1 trillion look like in iPhones?
How Apple stacks up to the four other most-valuable companies in the market.
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