Apple No More Most Valuable Company

Saudi Aramco on Wednesday dethroned Apple as the world's most valuable company as surging oil prices.

The updated Google Wallet app will let you store everything from credit cards to digital IDs on your phone. 

Saudi Aramco-

Saudi Aramco- Largest Oil Producing Company

The Saudi Arabian national petroleum and natural gas company billed as the largest oil-producing company in the world

Saudi Aramco was valued at $2.42 trillion based on the price of its shares at the close of market.

Saudi Aramco- Company Evaluation

Apple Company Valuation

Apple, meanwhile, has seen its share price drop over the past month and was valued at $2.37 trillion.

Apple reporting better-than-expected profits in the first three months of this year amid strong consumer demand. 

Apple reporting better than Expected Profits

Saudi Aramco- Net Profit Up

Oil giant Saudi Aramco recently reported a 124% net profit surge for last year, hours after Yemeni rebels attacked its facilities.

Aramco's net income increased by 124 percent to $110.0 billion in 2021, compared to $49.0 billion in 2020," the company said. 

Saudi Aramco- Net Income Increased

Saudi Aramco- Swipe Up For More!!!

Swipe up for More WebStories related to Tchnology, Gadgets, Finance, & Other Trending News  around the Globe.