Apple Net Worth vs Samsung Net Worth 2022: Which is the market leader?

Apple Net Worth vs Samsung Net Worth 2022: Which is the market leader?

Apple recently unveiled the iPhone 14 series, new Apple watches and AirPods among other exciting announcements.

Apple emerged as the largest company in the world with a market cap of about $3 trillion as of 2022.

With a market value of about $520 billion, Samsung, on the other hand, is only a quarter of Apple's market cap.

Samsung’s mobile phones are responsible for 21% of the company’s operating profit.

The number of phones sold by Apple has been continuously surpassing that of Samsung.

As a result, Apple has emerged as the leading smartphone vendor in the world.

Apple was the first publicly traded US company to be valued at over $1 trillion in August 2018, later reaching $3 trillion in January 2022.

Apple’s closest rivals are Microsoft ($2.53 trillion) and Google parent company Alphabet ($1.92 trillion).