“Let’s just all agree: Apple is enormous and taking over the world,” Jeff Cox repots for CNBC.
“How big?” Cox asks. “Here are some things that Apple, with a $668 billion market cap, is bigger than: All euro zone banks combined (and nearly the entire market cap of both the Latin American and EMEA (Europe, Middle East and Africa) MSCI indexes), according to Bank of America Merrill Lynch.”
Apple is worth more than “three times the total dollar value of beer consumed each year in the U.S.,” Cox reports. “[And] the equivalent of nearly eight months of what the Federal Reserve was creating during the third leg of quantitative easing.”
Read more in the full article here.
MacDailyNews Take: Beer? Did somebody say, “Beer?”
Good thing it’s always 5 o’clock somewhere!
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]