Italian luxury auto maker Ferrari NV (RACE) is the most profitable automaker in the world. In 2023, the company shipped out just 13,663 vehicles. Total revenue in that year was 5.97 billion Euros with a profit of 1.257 billion Euros. According to industry analyst Felipe Munoz, the operating profit for each car was an astonishing …
Continue reading ‘Comparing Ferrari’s Profit Per Unit to Other Auto Makers’ »
India’s Sensex is on a roll this year. The index is up by over 4% so far this year. Last week it reached an all-time high of 75,636 before closing at 75,410 on Friday. This is indeed amazing. The Sensex reached 10,000 in 2017. Since then it has crossed peak after peak. It reached 25,000 …
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A Schengen visa is required for non-Europeans to travel to the EU or the Schengen area countries. However the EU has visa agreements with many non-EU countries for citizens of those countries to travel to the EU without a visa. While most developed countries have this type of visa-free travel between them, I was surprised …
Continue reading ‘EU Visa Agreements with Non-EU Countries: Graphic’ »
India has the largest population in the world with a population of over 1.4 billion in 2022. In terms of size of the economy, the country is the fifth largest in the world. This year the GDP is project to cross $3.9 Trillion putting India behind Japan. From a trading partners perspective, the largest export …
Continue reading ‘The Export and Import Partner Countries of India: Chart’ »
Apple(AAPL) is the world’s largest company in terms of market capitalization. As of Friday, the market cap stands at $2.91 Trillion with 15.33 billion shares outstanding. The market cap of many countries’ entire stock market is lower than Apple’s market cap. From a performance perspective, Apple’s shares have been average to poor relatively so far …