Which is bigger Apple or Saudi Aramco?

Which is bigger Apple or Saudi Aramco?

The Saudi Arabian oil company’s market capitalization on Wednesday was $2.426 trillion, exceeding Apple’s $2.415 trillion by just over $10 billion. It is the first time that Saudi Aramco has regained the top spot since 2020 and follows a broader sell-off in technology stocks since the start of the year.

Is Aramco worth more than Apple?

Apple has lost its crown as the world’s most valuable company to the oil giant Saudi Aramco, as soaring commodity prices swell profits at energy companies and technology stocks continue to slide.

What is the most valuable company in the world 2022?

Saudi Aramco has a $2.332 Trillion market cap as of May 2022. It is currently the world’s most valuable company based on market capitalization. This Saudi Arabian national petroleum or gas company operates globally as the second-largest proven crude oil company with 270 billion barrel reserves.

Who owns Saudi Aramco?

Government of Saudi Arabia
Saudi Aramco

Which is the world’s biggest company?

1. Apple Inc. ( AAPL)

• Revenue (TTM): $378.3 billion.
• Net income (TTM): $100.5 billion.
• Market cap: $2.6 trillion.
• 1-year trailing total return: 37%
• Exchange: Nasdaq.

Is Apple the richest company in the world?

Saudi Aramco has become the world’s most valuable company. Apple (ticker: AAPL) shares have declined almost 20% this year, while Aramco has gained 28%. Saudi Aramco (2222.SA) last surpassed the value of Apple in 2020.

Who is the owner of Aramco?

Saudi Aramco

What is the #1 brand in the world?

Amazon
The Leaderboard