Among the top ten companies in total revenue, there are four in China (State Grid Corporation, China Petroleum and Natural Gas Group Co., Ltd., China Petrochemical Group Co., Ltd. and China Construction Group Co., Ltd.), four in the United States, 1 home (Volkswagen) in Germany and 1 home (Saudi Aramco) in Saudi Arabia.
Judging from the revenue list, China and the United States are clearly ahead of other countries and evenly matched. But if you rank from the aspect of making money, the list will change a lot. Saudi Aramco became the most profitable company in the world with a profit of 654.38+005.4 billion dollars, and Apple ranked second with a profit of more than 94.6 billion dollars, but it is no longer the most profitable company in the world.
The third to fifth places in profit are Berkshire Hathaway, Google's parent company Alphabet and Microsoft. China's China Industrial and Commercial Bank Co., Ltd., China Construction Bank Co., Ltd. and China Agricultural Bank Co., Ltd. also entered the top ten.
For such a ranking, some small partners lamented that "Apple" scenery is no longer, and speculated that its business may get worse and worse. Will this really happen? Why is Apple no longer the most profitable company in the world?
First of all, I don't think Apple's business will get worse. I can only say that the growth momentum is insufficient and the growth rate will gradually slow down. Judging from the data released in the latest quarter, both revenue and profit exceeded market expectations. I won't go into details here. Interested friends can look at the data released by official website.
Secondly (and most importantly), I think Apple is no longer the most profitable company in the world, mainly due to the following three factors:
First, affected by epidemic, war and economic crisis, the export of many products of Apple has been restricted to varying degrees.
In recent years, affected by the epidemic and economic crisis, many industries have been forced to cut production or stop production. Once the industrial chain is damaged, Apple will certainly not be able to produce products on a large scale as before, and its revenue and profits will be reduced accordingly. Moreover, because of measures such as mutual sanctions between countries, it will be affected to a certain extent.
Second, Apple's technological advantages are gradually disappearing. In the past, Apple made its products "unique" and innovative by virtue of its technological advantages. Even if the price is high, some people buy it. But it's different now. Some technology companies are also innovative, and they can even make better products than Apple.
Third, the reason why Saudi Aramco can become the first is also the "general trend." Due to the restriction of Saudi Aramco's oil export and some objective factors, Russian oil export has increased substantially, and even if it is sold at a high price, there is no shortage of market. In addition, what is said here is that Saudi Aramco is a state-owned enterprise and has been in the forefront since it participated in the ranking.
Therefore, combining the above factors, we can understand why Apple has not become the most profitable company this year. In addition, although Apple is not the most profitable company this year, it does not mean that it has begun to decline, and its strength is still very strong.