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Updated from Nov. 20 to reflect that Apple's market cap has surpassed $700 billion.

NEW YORK ( TheStreet) -  Apple's (AAPL) - Get Apple Inc. Report stock market value is now a staggering $700 billion, making it not only the world's biggest company but an economic force that dwarfs many countries' GDP and stock markets.

The growth has been phenomenal. Just over a year ago, the value of Apple's outstanding shares was about $460 billion. Now, with analysts raising their price targets on the stock, it won't be long before Apple reaches a $1 trillion valuation, with some hedge fund managers, including David Einhorn, having called for $1 trillion valuation in the past.

Apple's iPhone 6 is already selling well above expectations and sales haven't even begun on its Apple Watch, set for release in early 2015. The company is well-positioned to once again exceed expectations in the coming year.

Here, then, are ten things that Apple is worth more than. Some of them surprised us too.

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1. The value of Google (GOOG) - Get Alphabet Inc. Class C Report , Yahoo (YHOO) , Intel (INTC) - Get Intel Corporation Report , and HP (HPQ) - Get HP Inc. Report combined

The combined market cap of some of the most well-known Apple competitors is $651 billion. When it comes to the combined power of the world's largest search engines, however, Apple isn't as large: The market caps of Google, Microsoft (MSFT) - Get Microsoft Corporation Report and Yahoo! add up to $813 billion.

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2. Four Samsungs

Apple has long been accused of imitating Samsung (SSNLF) innovations in its top-of-the-line smartphones. With a market cap of $161 billion, Samsung would have to clone itself three times to be as large a company as Apple.

Must Read:Warren Buffett's Top 25 Stocks

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3. Russian Stock Market

Numbers crunched by Bloomberg value the Russian stock market at $531 billion. If you owned all of Apple, sold it, and then bought every company in the Russian stock market, you'd still have over $100 billion left over to buy as many iPhones as you could ever need.

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4. The 16 Richest Americans

Bill Gates, Warren Buffett and 14 of their peers are worth a combined $665.6 billion.

Must Read:How Buffett, Soros and Other Billionaires Invested in the Third Quarter

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5. The Pentagon's Annual Budget

The Pentagon spent $615.1 billion in its 2014 fiscal year.

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6. Switzerland's GDP - $646.2 billion

The country is synonymous with banking and fine things like luxury watches and decadent chocolate.

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7. The economies of Thailand, Cambodia, Vietnam, Laos, and Burma combined

The five neighboring countries collective GDP's add up to $656 billion.

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8. 17,693.8 tons of gold

At just under $1,200 per ounce, $676 billion would buy you a staggering 17,693.8 tons of gold. That's more than 10% of all the gold that will ever be mined in the world.

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9. 1,631 Airbus A380 Jets

Apple's $676 billion will buy about 1,631 Airbus (AIR) - Get AAR CORP. Report A380s, the world's largest plane, which cost $414.4 million each. Airbus has received only 318 orders for its double-decker jumbo jet. 

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10. 48 Gerald R. Ford Class Aircraft Carriers

The U.S. is currently building the most expensive class of aircraft carrier ever, at a cost of $13.9 billion each. This behemoth weighs 224 million pounds and is 25 stories high. Apple is worth nearly 50 of these giants. 

- Written by Scott Gamm for TheStreet.

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