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Chart: The Most Profitable Companies in the World

Tech companies Apple and Microsoft, which benefited majorly from people working and socialising online, shot to the top of the ranking.
Tech companies Apple and Microsoft, which benefited majorly from people working and socialising online, shot to the top of the ranking.
chart  the most profitable companies in the world
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Photo: Reuters/Mike Segar/File Photo/File Photo
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According to the Forbes Global 2000 published Friday, the coronavirus pandemic has shaken up the list of the most profitable (public) companies in the world. Tech companies Apple and Microsoft, which benefited majorly from people working and socialising online, shot to the top of the ranking, while banking and investment profits remained more stable. Google parent company Alphabet grew its profits to $40.3 billion up from $34.3 billion, up more than 17 percent.

Saudi state oil company Saudi Aramco slid down to rank 3 as oil suffered during the pandemic. The company, which was touted as the most profitable company in the world before going public in late 2019, cleared the spot for Apple, which had previously topped the list.

Since profits are known only for publicly listed companies or those planning to become listed on a stock exchange, the earnings of a large number of companies around the world, especially state companies, remain unknown and are not included on the list.

Infographic: The Most Profitable Companies in the World | StatistaYou will find more infographics at Statista, where this article was originally published.

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This article went live on May twentieth, two thousand twenty one, at eight minutes past nine in the morning.

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