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

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like it’s walmart according to wikipedia

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Anonymous 0 Comments

Building off others who have explained the difference between profit and revenue, it’s the most valuable because value is tied to an expectation of future profits. Would you rather own a company that makes $1M in profits per year or a company that makes $100 in profits per year? The answer is why the companies with the highest profit expectation are the most valuable. (That doesn’t mean it is profitable to buy their stock though, it just means the stock price will be relatively high.)

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