Apple is no longer the world’s most valuable company

Stefan Mileschin · 16th May 2022, 07:05

Tame Apple Press in mourning -- if only our shareholders were the Saudi government

The Tame Apple press mourned as its favourite company was no longer the world’s most valuable firm.

For a couple of decades, Apple has seen its value increase and sales boosted largely because of the free advertising and PR it obtained from mostly US journalists selling their credibility to promote its lackluster over priced goods.

Now, the economic situation is getting so bad that even that is not enough for Apple. Oil giant Saudi Aramco surpassed Apple as the world's most valuable firm.

Aramco's market valuation was just under $2.43 trillion, according to FactSet, which converted its market cap to dollars.

https://fudzilla.com/news/54842-appl...luable-company

16th May 2022, 07:05	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,678	Apple is no longer the world’s most valuable company Tame Apple Press in mourning -- if only our shareholders were the Saudi government The Tame Apple press mourned as its favourite company was no longer the world’s most valuable firm. For a couple of decades, Apple has seen its value increase and sales boosted largely because of the free advertising and PR it obtained from mostly US journalists selling their credibility to promote its lackluster over priced goods. Now, the economic situation is getting so bad that even that is not enough for Apple. Oil giant Saudi Aramco surpassed Apple as the world's most valuable firm. Aramco's market valuation was just under $2.43 trillion, according to FactSet, which converted its market cap to dollars. https://fudzilla.com/news/54842-appl...luable-company

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