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What the numbers say: According to a survey conducted by Forbes, Apple was the world's largest company in 2022, with a market capitalization of $2.64T. Among the top five were some of the world's most recognizable brands: Saudi Arabian Oil Company (Saudi Aramco), Microsoft, Google parent company Alphabet, and Amazon. Relevance: Saudi Aramco reclaimed its title as the world's most profitable company in 2022, thanks to the recovery of oil prices amidst the pandemic, according to Forbes Global 2000. Apple, Microsoft, Alphabet, and Equinor rounded out the top five spots in the ranking of most profitable companies. Where to see the influence: Apple's market capitalization and profitability demonstrate its strong financial performance and market dominance. As the world's largest company, it signifies Apple's impact on various sectors, including technology, consumer electronics, and digital services. |
