contador Skip to content

Apple is no longer the company that makes the most profits!

Apple

Posted: April 3 2019
Updated: April 3, 2019

by Steve

The apple brand is definitely a premium company. For years, she has occupied the top step of the podium of the companies that make the most profits. As worrying as it is reassuring for customers (who say big profits say big margins on product sales), this achievement was nevertheless an indicator of good health for a brand that continues to offer quality products year after year. But Apple lost its first place and will have to cede it to a Saudi company!

apple logo homme - Apple is no longer the company that makes the most profits!

The oil company Saudi Aramco has indeed published these results for the very first time and the least we can say is that it has crushed all the competition possible and imaginable. Saudi Aramco indeed made a profit of 111.1 billion dollars in 2018. Yes, you read that right: 111.1 billion dollars. 111 times more than you could ever hope to win the lottery one day. Apple, meanwhile, is far behind with its $ 59.5 billion.

Guignolesque justification point based on ” Yes, but Apple made less sales at the end of last year! ” Apple is simply far behind, by its sector of activity. The Cupertino company was however already high since Samsung was far behind with its $ 35.1 billion in profits. The Saudi oil company is even better than all the GAFA (Google, Apple, Facebook, Amazon) combined!