It’s already effectively tax-exempt and boasts a cult of personality of despotic proportions. It knows what’s best for its subjectscustomers, and it’s already won the fealty of Carl Icahn. It could even arm itself with an impressive navy. It’s the future sovereign Grand Duchy of Jobsiana-Cupertino; kneel before His Serene Highness Tim I.
We had a hard time coming up with things that Apple is not worth more than. We had to start looking at entire nations. If Apple’s market cap was a GDP number (and understand, this is simply for comparison’s sake), it would be the 20th largest economy in the world, ahead of Switzerland ($631 billion) and just behind Saudi Arabia ($711 billion).
How Big Is Apple’s Market Cap? Nation-State Big [WSJ MoneyBeat blog]