Apple already worth almost eight times more than Angola's GDP

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At present, Apple is one of the most valuable companies in the market. In addition to the good results you have obtained, your stock market price does not stop growing, hitting records on a recurring basis.

This Monday (May 8, 2017), Apple reached the $ 800 billion market price (equivalent to 732 billion euros). Making a comparison with our country, the company is now worth almost eight times more.

In the initial budget of 2016, the Angolan Government estimated a GDP of 14,2 billions of Kwanzas (equivalent to 77,3 billion), now revised, rising to 16,8 billions of Kwanzas (equivalent to 91,7 billion).

 

Second specialized sources, Angolan GDP (all wealth produced in the country) is expected to grow at 2017 to 19,746 billion Kwanzas (equivalent to 109 billion). GDP is the most frequently used indicator for assessing the overall size of the economy.

One of the main reasons for this appreciation of Apple, is in the expectation that investors have in the next iPhone, which will celebrate the tenth anniversary of this industry framework. In addition to this appreciation, Apple has in its coffers more than 250 billion dollars. The vast majority of this value is outside the United States because the company does not intend to pay the 35% rate that would be imposed on it.

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