– why is apple the biggest company and most valuable but doesn’t make the most revenue

Question

like it’s walmart according to wikipedia

In: 17

Answer 1

Let’s say I sell $10 of lemonade but the ingredients cost $9 so I make $1. Or I can sell a $5 chocolate bar and it cost $1 so I make $4. Even though the chocolate bar was less revenue, I made more profit because the costs were lower.