Report: {Apple} value greater than several Arab economies

Report: {Apple} value greater than several Arab economies



5/14/2017 0:00

Capitals / follow-up to the morning
It became "Apple" company (AAPL.O), the first company in the United States market value of over $ 800 billion, after a rise in its shares to a new record high, jumped by 3.2 percent, its highest level ever during the session at $ 153.70 before trimming some Almkasp.obinho 5.21 billion shares for "Apple" are traded, granting higher stock market value of the company by about 801.37 billion, to become the largest company in the United States in terms of market value.
And "Apple" is a multinational American company is working on designing and manufacturing consumer electronics and computer software products and products include PCs "Macs" devices, device music
"iPod" (iPod) and mobile device "iPhone" (iPhone).
And increase the market value of the "Apple" for a total reserve of 20 Arab countries of foreign exchange, including the Gulf states except Saudi Arabia, which has the largest reserves worth $ 533 billion by the end of February 2017.
This comes at a time when the total
market value of "Google" 657.78 billion
dollars, followed by "Microsoft" worth 530.3 billion, and then "Amazon" by about 450.9 billion.
Experts predict, according to reports, the market value of the company "Apple" up to nearly a trillion dollars, until the end of the year, and the beginning of next year, as the company is working on the production of new technological goods will increase their annual profits. Economic power of the exciting things that market power for "Apple" exceeds many of the economies of Arab countries. For example, the market value of the company amounting to $ 800 billion, equivalent to more than four Gulf states economies. In this report, a comparison between the gross domestic product ( GDP ) of several Arab economies based on World Bank figures for 2015 - 2016 and the market value of the company "Apple". Gross Domestic Product ( GDP ) in the UAE up to about $ 370 billion, which means that the market value for "Apple" twice the UAE economy. Gross Domestic Product ( GDP ) in Bahrain , US $ 31 billion, meaning that the market value for "Apple" exceeds Bahrain 's economy by more than 25 times. In Kuwait, a GDP of about $ 112 billion, which means that the market value for "Apple" the largest of Kuwait with 7 times economy. In Egypt, a GDP of $ 330 billion in 2015, meaning that the market value of the "Apple" of about 2.4 times the size of the Egyptian economy. In Algeria, where dependence on oil revenues, but the market value of the shares of the "Apple" beyond gross domestic product ( GDP ) of $ 164 million, more than 4.8 times. The GDP of the Kingdom of Saudi Arabia, the top Arab, with up to approximately $ 646 billion, though, the market value for "Apple" beyond the Saudi economy by about 1.2 times. Equal to the market value for "Apple" 21.6 times the size of the Jordanian economy , the total production of $ 37 billion. According to World Bank data, the gross domestic product ( GDP ) in Lebanon 's $ 47 billion, which means that the market value for "Apple" beyond Lebanon 's economy by about 17 times. The GDP of Tunisia about $ 43 billion, which means that the market value for "Apple" outperform by about 18.6 times. And "Apple" is a multinational American company is working on designing and manufacturing consumer electronics and computer software products and products include PCs "Macs" devices, device music "iPod" (iPod) and mobile device "iPhone" ( the iPhone).


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