Each Apple worker now worth USD 22 million, 20 times more than Amazon's

Apple’s (AAPL) struggles in the initial months of 2024 have been swept away by a string of developments that helped the company reclaim the spot of the most valuable company in the world with a market capitalization of over USD 3.5 trillion.

- Andreja

According to the research conducted by Finbold, Apple’s stellar rise in recent months propelled the effective value of each of the tech giant’s employees to over USD 22 million as of July 16, 2024.

The figure also demonstrates the power of scaling up using advanced technology and software instead of relying on a more traditional industrial model.

Indeed, the difference is best exemplified by the fact that Amazon (AMZN) with its 1.5 million strong workforce has an employee valuation of some USD 1.3 million, about 20 times smaller than Apple.