Surprisingly, tech companies did not make the top 10 at all. Apple and Google are some of the most valuable companies in the world and have more power than some governments. But Apple did not earn as much revenue in 2019 as companies like Wal-Mart and petrochemical giants, grossing a paltry $265,595,000,000. Nevertheless, it remains one of the most profitable companies in the United States and one of the world’s most valuable companies.
Apple certainly has its share of controversies, including that it automatically makes its technology obsolete after several years and that much of its technology is not compatible with non-Apple products. But just as the crisis of 2020 began, it introduced a new iPhone that cost under $400, proving that it could keep up with what consumers want. We’ll have to see how it comes out of the present crisis.