On 9/8/2014 3:58 PM, Jim Saklad jimdoc@icloud.com [iPad] wrote:
>>>> The largest company in the world (actually not the largest, I think Walmart is the largest, but potentially the richest)...
>>>
>>> Measured by market capitalization, Apple is worth about $170 BILLION more than the 2nd most valuable publicly traded company, Exxon-Mobil.
>>
>> Definitely the richest, not the largest. Gee, maybe not being the largest has helped them be the richest.
>> David H. Bailey
>
> How would you like to measure "largest?
> Floor area?
> Employees?
> Average wage paid?
> Number of reviews on Google or Yahoo?
> Annual revenue?
> Annual profit?
> Square miles of ocean polluted by oil?
>
I was thinking in terms of number employees. That's how I'd seen
Walmart listed before. But in terms of "size" as determined by the
financial world (in the Forbes list) it's only 20th.
But from an economic viewpoint, according to Forbes in these links, the
world's "largest" companies in financial terms (as determined by a
formula Forbes has derived) are all in China.
<http://www.forbes.com/sites/liyanchen/2014/05/07/the-worlds-largest-companies-china-takes-over-the-top-three-spots/>
<http://www.forbes.com/global2000/list/>
Apple isn't even in the top 10, according to Forbes and their formula
for determining the biggest companies. It's got the highest market
value, but it's 15th overall in size as determined by Forbes.
And with all the different ways one could measure a corporation's size
it can be difficult to come to any sort of agreement, so I'll bow out of
this discussion and bow to Forbes's findings.
--
David H. Bailey
dhbailey@davidbaileymusicstudio.com
http://www.davidbaileymusicstudio.com
Posted by: "David H. Bailey" <dhbailey52@comcast.net>
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