How big is Apple? Big.
Statista’s nice graphic juxtaposes Apple’s profits against others – combined!
If an an independent country, Apple’s annual profits would rank as the 85th largest GDP in the world out of the 186 countries monitored by the International Monetary Fund. That’s big and maybe why the market is grappling with Apple’s future growth prospects and puts such a low multiple on the stock.
(click here if graphic is not sustainable)