At $500 Billion, Apple Is Worth as Much as Toyota, Volkswagen, Daimler, Honda, Ford, Nissan, and GM Combined

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With the revenue and profit generating success of its iOS products, Apple's market value has passed half a trillion dollars in after hours trading. This is truly astonishing. Look at just a few of these comparisons:

  • Car companies used to be the pillar of national economies. Now, Apple is worth as much as Toyota, Volkswagen, Daimler, Honda, Ford, Nissan, GM, Renault, Peugeot, Renault, and Tesla combined
  • Or take media. If you add up Comcast, Disney, News Corp, Viacom, Time Warner, Time Warner Cable, CBS, Liberty Global, Dish Network, Charter, and Cablevision, you can only get to $350 billion of market capitalization. 
  • Apple is worth more than Google ($200 billion) and Microsoft ($267 billion) combined.
  • Apple is worth 16 times more than Dell ($31 billion) and almost 6 times as much as HP ($51 billion).
  • Apple makes more profit in two weeks than AOL's entire market cap.
  • Google, Microsoft, Yahoo, AOL, Adobe, HP, Dell, and Lenovo are worth almost $600 billion to Apple's $500 billion.  

With a run like this, it's difficult to do much more than wait and watch. It's hard to compare their success with any technology company, including Google, Amazon, and Facebook.

Image: Google.
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Alexis C. Madrigal

Alexis Madrigal is the deputy editor of TheAtlantic.com, where he also oversees the Technology Channel. He's the author of Powering the Dream: The History and Promise of Green Technology. More

The New York Observer has called Madrigal "for all intents and purposes, the perfect modern reporter." He co-founded Longshot magazine, a high-speed media experiment that garnered attention from The New York Times, The Wall Street Journal, and the BBC. While at Wired.com, he built Wired Science into one of the most popular blogs in the world. The site was nominated for best magazine blog by the MPA and best science Web site in the 2009 Webby Awards. He also co-founded Haiti ReWired, a groundbreaking community dedicated to the discussion of technology, infrastructure, and the future of Haiti.

He's spoken at Stanford, CalTech, Berkeley, SXSW, E3, and the National Renewable Energy Laboratory, and his writing was anthologized in Best Technology Writing 2010 (Yale University Press).

Madrigal is a visiting scholar at the University of California at Berkeley's Office for the History of Science and Technology. Born in Mexico City, he grew up in the exurbs north of Portland, Oregon, and now lives in Oakland.

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