Apple dethrones Saudi Aramco to become world’s most valuable company

Apple dethrones Saudi Aramco to become world’s most valuable company

  • Technology giant Apple Inc. has become the world’s most valuable publicly traded company in the world on 31st July 2020, surpassing the state oil giant Saudi Aramco.
  • The shares of Apple closed up 10.47% on 31 July, giving it a market valuation of $1.84 trillion.
  • Meanwhile, Saudi Aramco, which had been the most valuable publicly listed company since its market debut in 2019, now trails at $1.76 trillion as of its last close.

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