The Apple Business, the „Statistical Lump in the Neck†of the Samsung Business

Gabriela Opait
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Gabriela Opait: Dunarea de Jos University of Galaţi, Romania

Risk in Contemporary Economy, 2019, 244-259

Abstract: These two „hypersonic†forces from the worldwide sphere of the businesses were launched at seven years distance: the Apple Inc. Company was established in April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne in Silicon Valley, California, United States of America and theSamsung Electronics Company was started in January 13, 1969, by Lee Byung Chul in Samsung Town, Seul, South Koreea. Concerning the market capitalization, the Apple business touched $ 961,3 billions in May 15, 2019, in accordance with Forbes and she is bigger than the GDP of the Netherlands, Saudi Arabia, Argentina, Turkey and Sweden. In contrast to the Apple Inc. Company, the Samsung Electronics Company touched in May 15, 2019, a value of $ 272,4 billions regarding the market capitalization. The aim of this research follows the achievement of the comparative statistical analysis between these two „titans†from the businesses univers, which through them competition it materialize giant progresses in the sphere of the new tech and digital tendencies.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2019:p:244-259

DOI: 10.35219/rce2067053228

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