Apple's first company to touch $ 1 million mark

[rajat1802]

The American company Apple has created a new history. The Apple iPhone maker Apple has become a $ 1 trillion dollar company. That means understand that Indonesia's GDP is equivalent to year-round. Apple has become the first company to touch these figures. Revenue of this company, made in 1976, was initially dependent on Mac computers and iPods, after the launch of the iPhone in 2007, the revenue of the company grew rapidly.

This is the world's three largest companies-

1.Apple (iPhone)
2.Amazon
3.Alphabet (Google)

You can imagine the size of the Apple company by this example. Recently, India became the world's sixth largest economy, leaving behind France with a GDP of nearly $ 2.6 trillion.

Approximately 38 percent of Indian economy

- Apple is 38 percent of the Indian economy. According to the World Bank data, only 16 out of 193 countries in the world have more GDP than Apple's market cap. According to this, Apple's market value is 38 percent of India's total economy. In terms of Apple market cap, India's two largest companies are about 10 times bigger than Reliance Industries Limited and TCS.

Apple alone can buy 3 Pakistan

- The market capitalization of the company has become nearly three times the neighboring country of Pakistan. It means that if Apple is compared to Pakistan's economy, then the only Apple company alone can buy more than 3 Pakistan.

This is Apple's revenue earnings

- according to a report by Apple Insider, the company sold 4.18 iPhones in the third quarter of 2018. This report says that Apple's Sales Growth Rate can be 3% on a year-on-year basis. The company has earned a revenue of $ 53.3 billion in the third quarter of this financial year, which is 17 percent higher than that of a year ago. It is being reported that Apple has got the highest revenue from this quarter, including Apple Music, Icloud and Apple Care. Last year's report shows that the iPhone has made an average profit of 9,600 rupees on the sale of every iPhone.

Comments

[sulakhemahesh]

Good efforts ! But Apple is not the first company to reach $1 Million Mark !!

[ashokkumarsharma]

Better post

[yesiruolaide]

What a nice figure, good luck to the company

[mehdinaqvi]

He has eaten one bite 🍎