Late in 2020 or in 2021 Apple and Microsoft Should Pass Saudi Aramco

Saudi Aramco is currently the most valuable company in the world. They have a stock price of 32.9 riyal. The value of the Riyal is pegged to the US dollar at 0.27 dollars to one Riyal. Saudi Aramco is worth $1.78 trillion.

Apple is currently at $1.59 trillion
Microsoft is $1.53 trillion
Amazon is at $1.38 trillion
Google is just shy of $1 trillion

A 10% upwards move in one year is easy for giant technology companies. They have annual growth of about 15-30%.

The entire US oil and gas industry is worth about $1 trillion. In 2019, the US oil and gas industry averaged around $1.6 trillion in combined market value.

SOURCES- Barrons, Google Finance
Written By Brian Wang, Nextbigfuture.com

2 thoughts on “Late in 2020 or in 2021 Apple and Microsoft Should Pass Saudi Aramco”

  1. The Aramco valuation is not accurate since they don’t trade freely. So in reality all the mentioned tech companies probably exceed it already

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  2. The difference is that Aramco released only 5% of its shares to the public, retaining 95% privately. I don’t know if they floated more shares by now, but the threat of share dilution is reason to stay away from it, so I haven’t been following it. Apple and Microsoft have been very good for me though, mostly in a technology fund 🙂

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