Things Apple is Worth More Than
My new favorite Tumbler blog is the hilarious Things Apple is Worth More Than !
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Apple’s Market Cap is Now $340 Billion. What’s Littler?
Total Corporate Income Tax for 2011
Via @TheArmoTrader:
Corporations will pay a total of $247.2 billion in state, local and federal income tax this year.
19th Aug 2011
American Obesity
From @csilvers416:
“The economic cost of obesity in America is $300 billion”
19th Aug 2011
45 Days Worth of Global Oil Consumption
from @hassankhan:
“Apple is worth more than 45 days of worldwide oil consumption – Roughly $7 billion per day assuming 86 million barrels a day at $83 per barrel (Nymex Crude)”
19th Aug 2011
The Great Wall of China
From @JosephMosby:
“3.873 billion bricks in the Great Wall of China * $.52 per brick = Apple is worth more than the Great Wall of China”
19th Aug 2011
All 32 Euro Zone Banks
From Reuters:
Earlier on Friday the DJ STOXX euro zone banks index fell 4 percent, valuing its 32 members at $340 billion.
In contrast, Apple’s market capitalization has soared to $340 billion on the back of the success of innovative technology products like iPods, iPhones and iPads.
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August 20th, 2011 at 4:09 pm
There are some intangible things Apple has: Creativity is worth more than the wars our destructive mofo’s wage.
God is creative, Satin isn’t.
August 20th, 2011 at 4:13 pm
So would you say it is a bubble?
August 20th, 2011 at 5:38 pm
Funny, but let’s not lose sight of the fact that HP is now the world’s #1 tablet vendor:
HP TouchPad mania: TouchPads selling out in U.S. at $99.99
Hewlett-Packard’s TouchPad is finally enjoying a sales boom. All it took to move the previously slow-selling tablet was a $99 price point.
http://latimesblogs.latimes.com/technology/2011/08/hp-touchpad-mania-touchpads-selling-out-in-us-at-99.html
August 20th, 2011 at 6:05 pm
Hewlett-Packard’s TouchPad was originally priced a $499
So as long as they give them away at 80% off, and below cost, its a hot product.
Sure, they lose tons of money on every sale, but they make it up in volume!
August 20th, 2011 at 6:48 pm
That post got me thinking about the relative worth of stuff, ended up embarking in a lot of silly searching, and after wasting more time I want to confess, I’d better post my findings to justify to myself it was worthwhile:
Things that are worth one dollar:
* The maximum daily expenses of about 1 billion people in the world
http://www.worldmapper.org/display.php?selected=179
* An amateur compound microscope
http://www.funsci.com/fun3_en/ucomp1/ucomp1.htm
* The yearly salary of some CEOs
http://www.forbes.com/sites/brendancoffey/2011/05/16/ceos-who-make-one-dollar-or-less-a-year/
* Some Detroit houses
http://www.guardian.co.uk/business/2010/mar/02/detroit-homes-mortgage-foreclosures-80
* A pixel of advertising
http://www.milliondollarhomepage.com/
Things that are worth a thousand dollars
* A single injection of human growth hormone
http://www.lakhboot.com/tag/thousand-dollars
* A 3D TV
http://www.3dtvwatcher.co.uk/first-3d-tv-under-a-thousand-dollars-on-sale-in-us-120/
* The compensation for human rights victims under the regimen of Ferdinand Marcos in the
Phillippines
http://www.allvoices.com/contributed-news/8341726-human-rights-victims-received-one-thousand-
dollars-each
* The daily earnings of a charter sailboat captain
http://www.thebraziltimes.com/blogs/1487/entry/42989/
* The capital for some startup businesses in the US
http://letsstartahomebusiness.com/home-business-ideas/101-businesses-you-can-start-with-less-
than-one-thousand-dollars-for-stay-at-home-moms-and-dads
Things that are worth a million dollars
* The reward for demonstrating any kind of paranormal, supernatural or occult power under proper
experimental conditions
http://www.randi.org/site/index.php/1m-challenge.html
* The amount a 26-year-old got just by asking for it, giving no specific justification
http://www.forbes.com/sites/chrisbarth/2011/01/19/want-a-million-dollars-just-ask-for-it/
* Some paintings
http://www.whatonemillionbuys.com/rene-magrittes-painting-sold-for-657250
* Some classic cars
http://www.whatonemillionbuys.com/another-duesenberg-sold-for-close-to-a-million
* Some houses in the US
http://finance.yahoo.com/real-estate/article/110198/million-dollar-homes-across-america-2010
Things that are worth a billion dollars
* The home of the fifth richest man in the world
http://www.forbes.com/2008/04/30/home-india-billion-forbeslife-cx_mw_0430realestate.html
* The revenue of the movie “Avatar”
http://mashable.com/2010/01/04/avatar-billion/
* The amount raised for the campaign for re-election of the president of the United States
http://www.npr.org/2011/02/18/133809150/2012-the-year-of-the-billion-dollar-campaigns
* The annual costs of mental health problems of soldiers from Iraq and Afghanistan
http://www.wired.com/dangerroom/2011/04/billion-dollar-ptsd/
* The most expensive piece of art ever made
http://infosthetics.com/archives/2009/01/one_billion_dollar_physically_visualized.html
Things that are worth a trillion dollars
* The deficit of the US
http://www.time.com/time/business/article/0,8599,1870699,00.html
* The GDP of Australia, Mexico, India, Russia, South Kora, Brazil, Canada or Spain
http://en.wikipedia.org/wiki/Trillion_dollar_club
* OPEC’s expected oil revenues for 2011
http://www.ft.com/cms/s/0/7fa28b96-5a2f-11e0-86d3-00144feab49a,s01=1.html#axzz1Vbv6wl5V
* The cost of operating and sustaining the F-35 programme for the planned 50 year lifetime
http://www.flightglobal.com/articles/2011/06/06/357560/f-35-strikes-trillion-dollar-mark-for-
maintenance-bills.html
* What Facebook aspires to be worth
http://perezhilton.com/2011-01-13-facebook-to-be-the-first-trillion-dollar-company
August 20th, 2011 at 7:37 pm
Apotheker was “Let go” by SAP. WOuld you buy a used tablet from this man?
The comparison with the European Banks is revealing. We can perhaps conclude that, unlike the Banks, Apple actually makes useful innovations and adds value to society, rather than just to the bonuses of its executives?
August 20th, 2011 at 7:48 pm
Apple *should* be worth more than most banks combined. For the past 10 years, it seems most banks have been in the businesses of making loans that can’t be repaid. There’s no profit in counterfeiting except to the counterfeiter.
August 20th, 2011 at 10:11 pm
The funny thing is that in about a week, there will be more Touchpads running Android than WebOS! =)
August 21st, 2011 at 12:25 am
Franklin – You know what’s really funny? You ;-)
HP? Goodness. Do you not read the news?
http://www.marketwatch.com/story/h-ps-moves-will-not-turn-it-into-an-ibm-2011-08-19
August 21st, 2011 at 12:26 am
OMG OMG there are zillions and zillions of devices running Android these days! Way more than iOS. How much does Google make on that? Not a whole lot. Share of profits is the onlt thing that’s important, and no one can touch Apple on that.
August 21st, 2011 at 9:01 am
Is there any worse managed company than HPQ? They make Sears/Kmart look brilliant.
Not only do they look world class stupid with the tablet and phones they undermine the value of the PC business they are also planning to exit.
Wonder how many tablet HP produced? There’s supposed to be more deep discount inventory available mon morn.
August 21st, 2011 at 10:45 am
@Thor
How were the share profits on Betamax?
August 22nd, 2011 at 2:47 am
HP is just trying to get rid of all touchpads in stock so that they can completely cut the entire thing as soon as possible.
August 22nd, 2011 at 9:53 am
Apple has the most money laying around these days, However, a good question for them would be, why have they not done anything with that cash?
Also keep in mind, compared to microsoft, apple is growing at a slower pace because of the lack of apple’s overseas market. Apple has also stymied its own market for the ipod with the iphone. SHould investors not worry at least a little about a company that crosses its own market?
The comparison of the world banks is the only comparison in this statement worth mentioning (although the obesity one is funny) on a large scale. However, the idea that apple having more cash than the total tax income is depressing, as well as the thought of how much of that tax is coming from apple. The government should ask apple for a cheap loan.
Another good question is, why would companies like Sony, HP, and microsoft create products ( like the ps3 and xbox) only to have to stomach negative quarters at first ( in the XBOX’s case, for that division of microsoft) 1.9 billion in the red for the 06-07 year. thus making a profitable year a headline. Shouldn’t companies be more like apple and create products that revolutionize the industry (ipod) instead of jumping on the bandwaggon and thus use their resources to create something with the same profit margins as apple?
The opposing arguement would be products like the android where they hope to sell multiple times as many more in order to achieve the same profits.
As of right now, it seems like apple is winning that battle.
But be worried about apple if steve jobs quits and they run out of ideas, apple is over the sweet zone for stocks @361$ when many investors say 200$ is a good time to split the stock.