The Big Apple

PriceWaterhouseCoopers recently released a study on the largest corporations in the world, and maybe the most fascinating material was about the biggest one of them all, Apple. Some facts:

• With a market cap that is closing in on $750 billion, Apple is worth almost twice as much as the world’s second largest company, Google, with a net asset value of $375 billion.
• Apple is worth as much as the second and third largest companies in the world, Google and ExxonMobil, put together.
• Apple is worth more than the net worth of the 14 richest people on earth combined, including Bill Gates, Warren Buffett, and the entire Walton family.
• And it’s getting bigger. In the past year, Apple increased in value by more than the total asset value of General Electric.