Shulou(Shulou.com)11/24 Report--

Phoenix New Media Technology News Beijing time on October 10 news, if Apple is a country, then many other countries' GDP rankings may have to drop one place.

By any financial measure, Apple is almost always a behemoth. In January, it became the first company in the world to reach a market capitalization of $3 trillion. Although its market capitalization had fallen to $2.25 trillion as of October 9, it was still a staggering figure.

The latest earnings data available for Apple is the third quarter of fiscal year 2022 (the second quarter of the calendar year). The third quarter is Apple's off-season, and its results are usually the worst or only disappointing of the year.

The following is a comparison between Apple's third-quarter results and GDP in other countries:

Revenue Apple's third-quarter revenue was $82.959 billion. If Apple were a country, its quarterly revenue would rank 70th in the world, ahead of Sri Lanka at $82.5 billion and behind Oman at $83.6 billion, according to the International Monetary Fund (IMF)'s national GDP data for 2021.

Apple's quarterly revenue and net profit

For the full year, Apple's total revenue over the past four quarters was $387.5 billion, ranking 39th in global GDP, ahead of Malaysia at $372.7 billion and behind the Philippines at $393.6 billion. However, Apple is still a long way from the major economies. Among the countries with trillions of dollars in GDP, the lowest is the Netherlands, with a GDP of $1.0187 trillion, ranking 18th. If Apple wants to be in the top 10, it must exceed South Korea's $1.7985 trillion.

Apple's third-quarter gross profit was $35.9 billion, ranking 99th in global GDP, ahead of Sudan with $35.151 billion, behind Estonia with $36.3 billion, and annual gross profit of $167.9 billion, ahead of Algeria with $164.6 billion and Qatar with $179.6 billion.

Apple's third-quarter net profit was $19.4 billion, ahead of $19.2 billion in Mali, ranked 117th, behind Brunei's $19.9 billion, and annual net profit was $99.6 billion, ahead of Ethiopia, which ranked 65th, with $99.3 billion. Behind Ecuador's $106.2 billion.

Apple's R & D spending in the third quarter was $6.8 billion, enough to exceed the $5.8 billion in the Republic of Montenegro, which ranked 152nd; annual R & D spending was $25.2 billion, ahead of $22.4 billion in Bosnia and Herzegovina, ranked 111. it's not far from Ireland's $25.5 billion.

IPhone

IPhone's quarterly income exceeds Bolivia's annual GDP.

In terms of products, Apple's third-quarter iPhone revenue was $40.665 billion, ahead of Bolivia with $39.8 billion, behind Uganda with $42.5 billion, and annual revenue of $201.7 billion, ahead of Ukraine's $198.3 billion and behind Iraq's $209.5 billion.

The richest man in the world

Musk.

If Apple were alone, its third-quarter revenue of $82.96 billion would rank 11th on the Forbes list, beating Michael Michael Bloomberg's $82 billion With an annual income of $387.5 billion, it could surpass Elon Musk's roughly $219 billion to become the world's richest man, even close to the combined wealth of Mr Musk and second-placed Jeff Bezos ($390 billion).

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