Things Apple is Worth More Than

By siliconindia   |   Monday, 13 February 2012, 15:39 IST   |    3 Comments
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11.All the Gold at the New York Federal Reserve:

As of August 1st, the New York Federal Reserve Bank in lower Manhattan was stocked with about 7,000 gleaming tons of gold. The New York Fed is the largest store of gold bullion in the U.S. and in the world. As per reports this stockpile is worth some $350 billion USD. Yet not close to Apple's market capital.

 

12.Twice the Entire U.S. Clothing Store Business:

As per First Research, there are about 100,000 retail clothing stores in the U.S. although it is a very concentrated industry. The 50 largest companies such as TJ Maxx, Abercrombie & Fitch, Marshalls, Gap, Limited Brands and Ross Stores account for about 65 percent of industry revenue. The combined annual revenue for the entire apparel retail industry is approximately $150 billion. Thus, Apple's current valuation is $380 billion, being worth more than twice that of the clothing industry.