– 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

Because it’s the most profitable. Company valuation is typically based on profits, not revenue. Apple has much higher margins than Wal-Mart. Also, valuation takes into account future growth in profits and the market believes Apple is more likely to find new growth than Wal-Mart.