A recent article in Atlantic Monthly pointed out that Apple, the technology company, not the fruit, is now, in economic terms, the size of a small country. The world’s largest company with a market capitalization of $700 billion, it is now issuing bonds in Switzerland. As noted in the article: “Apple has the financial influence of a not-even-that-small country at this point. The company’s $178 billion—$178 billion!—puts it on par with the gross domestic product of a country like New Zealand, surpassing the GDPs of Vietnam, Morocco, and Ecuador, according to the most recent World Bank data. If Apple were a country, it’d be the 55th richest country in the world.”
Microsoft, at its peak in 1999, was slightly larger than Apple is today, in current dollars, but now has roughly half the market capitalization. Yet, neither of these modern giants can compare with the Dutch East India Company, the VOC, founded in 1602.