Apple’s revenue bite could soon be bigger than Australia
Could Apple soon be bigger than Australia?
The tech giant’s latest financial results show its market capitalisation – the value of all of its stocks – is worth roughly $980 billion.
Sales of the company’s new Apple Watch are expected to pick up strongly. Photo: Getty Images
By comparison, the size of Australia’s economy is worth $1.58 trillion, by gross domestic product.
Read more at: http://www.smh.com.au/business/the-economy/apples-revenue-bite-could-soon-be-bigger-than-australia-20150428-1muxuw.html