Led by its current CEO, Amin H. Nasser, this company, which began in 1933, thrives in the oil and gas industry. With the third highest market capitalization in the world and the backbone of Saudi Arabia's economy, Saudi Aramco's enormous oil reserves and strategic location in the Middle East keep it at the forefront of the global market. Right now, Apple is the second largest company in the world by market value (it was the largest for a while, but Microsoft surpassed it in January 2020).
It is known for its revolutionary products, but also for overcoming technological limits. Apple's focus on innovation and first-class design has won over consumers and made them one of the major players in the market. Tim Cook said that revenue growth was mainly due to strong iPhone sales and some important and unprecedented measures in the services sector. He was very proud to have more than 2.2 billion active devices worldwide, which shows how much Apple wants to push the limits and keep customers happy.
No one is doing so well with innovation, vision, and marketing as Apple. The combination of always thinking about the future and constantly launching new and great products, places them not only as the second most profitable company in the world, but also as the second most valuable company in the world (they were the most valuable company for many years until the year 202). As long as they keep up with innovation, it doesn't look like they're going away anytime soon. Investors are especially interested in Microsoft's advances in artificial intelligence (AI). The company has invested heavily in artificial intelligence, including significant participation in OpenAI, the creator of the ChatGPT chatbot.
Last year, Microsoft focused on integrating AI into its product offering. While it was anticipated that the implementation of AI would begin to pay off in 2024, investors are eager to know the first signs of its impact on sales. Microsoft has always been at the forefront of innovation. Excel was, and still is, one of the most successful programs of all time, and even 40 years later, Microsoft continues to improve old things and add new ones. Their investments in artificial intelligence, including ChatGPT, show that they are still very innovative, even if they don't have the striking marketing style from Apple, its technological competitor.
Despite being the newest company in the top 5 (established in 199), Google became the dominant force in Internet searches. And when you're the main tool that the whole world uses to get information, you can make a lot of money. They are also constantly innovating, creating ever better user experiences and investing in new technologies such as artificial intelligence.
