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.
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.