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Neither of them are the richest companies in the world.
by minikites 7y ago
Neither of them are the richest companies in the world.
- eru 7y agoExactly who is on top depends on how you define that. Judging by eg Enterprise Value is a reasonable way. But also, you need to specify what you mean by 'company': lots of companies are actually made up of lots of partially or fully owned subsidiaries. There's no monolithic Apple or Google. Lots of the details of that structure depend on responses to tax incentives. See https://www.forbes.com/sites/alapshah/2018/08/02/apple-hits-1-trillion-but-its-still-not-the-most-valuable-company-in-the-world/#2c838ce02175 https://www.forbes.com/sites/alapshah/2018/08/02/apple-hits-... for some attempt. Instead of looking at total value, you could also look at something like profit per employee or revenue per employee. But that's also not quite so clear cut.