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peanutbj t1_isbn6pu wrote

Reply to comment by BigWonka in Apple slapped with a $19 million fine in Brazil for not selling iPhones with a charger by mepper

GDP isn’t really an apples to apples comparison with a company’s valuation.

According to Reuters, Brazil’s YOY revenue from federal taxes alone (ie not including other sources of revenue) is $33.14B. It’s a bit hard to find hard figures on their total revenue combined with federal taxes

According to Statista, Apple’s 2021 revenue is $365.82B.

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KillerBurger69 t1_isbnygu wrote

If Brazil as a country was traded in shares on the stock market. You are saying apple could do a hostile takeover of Brazil.

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