TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    US Visa Rule: Applicants Must Disclose Social Media Handles

    US Visa Rule: Applicants Must Disclose Social Media Handles Now

    kangana ranaut slams mira nair's son on faith and pro pakistan stance

    Kangana Ranaut Targets Mira Nair’s Son Zohran Mamdani: “Erasing Hinduism for Political Clout?”

    constitution is supreme, not parliament

    “Judges Don’t Serve Mobs, They Serve the Constitution”: CJI Gavai

    Air India Crash: AI-171 black box data extracted, analysis underway

    Air India Crash: AI-171 black box data extracted, analysis underway

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    China's Fertiliser Export Halt to India Raises Strategic Red Flags

    China’s Fertiliser Export Halt to India Raises Strategic Red Flags, Prompts Swift Response

    India’s Economic Engine Accelerates

    India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

    US-Iran Tensions Shake Global Markets

    US-Iran Tensions Shake Global Markets; Oil Prices Surge and Safe-Haven Assets Rise

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch

    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch, No Takeoff in Sight

    CQB carbine

    DRDO and Indian Army Unveil Indigenous CQB Carbine for Urban Warfare

    A Timely Push For Self-Reliance Amid Strategic Tensions

    India Flexes Muscle: 28 DRDO Weapons Cleared for Emergency Defense Procurement

    ICRA’s analysis highlights that defence companies are benefitting from strong execution progress

    India’s Defense Sector Set for 15–17% Growth in FY26: ICRA Report

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    history and achievements of SCO

    The SCO Explained: Power, Politics, and the Rift at Qingdao

    Rajnath Singh Snubs SCO Statement Over Pakistan-China Attempt to Dilute Anti-Terror Stand

    Rajnath Snubs SCO Statement after Pakistan-China Attempt to Dilute Anti-Terror Stand

    Emergency was imposed on June 25, 1975, by then Prime Minister Indira Gandhi.

    Why India Must Act Now to Criminalise Emergency ‘Denial’

    operation sindhu

    “We Thought We’d Never Return”: Over 3,400 Indians Rescued from Iran in Operation Sindhu

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    indian culture as world civilisation

    The Indian Roots of World Civilizations

    death anniversary of shyama prasad mukherjee

    From Sacrifice to Sovereignty: How Modi’s India Is Realizing Shyama Prasad Mukherjee’s Vision

    Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Karnataka’s Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Kamakhya Devi Temple- Ambubachi Mela

    Where the Goddess Bleeds: Inside the Sacred Mysteries of Kamakhya Temple

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    A Deep Look into Mucormycosis and Throat Cancer

    A Deep Look into Mucormycosis and Throat Cancer

    How to Store Your Tennis Outfits Properly

    How to Store Your Tennis Outfits Properly

    The Digital Gaming Wave and Its Role in India’s Economic Growth

    The Digital Gaming Wave and Its Role in India’s Economic Growth

    mistakes to avoid during yoga

    6 Common Yoga Mistakes to Avoid for a Better Practice

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    US Visa Rule: Applicants Must Disclose Social Media Handles

    US Visa Rule: Applicants Must Disclose Social Media Handles Now

    kangana ranaut slams mira nair's son on faith and pro pakistan stance

    Kangana Ranaut Targets Mira Nair’s Son Zohran Mamdani: “Erasing Hinduism for Political Clout?”

    constitution is supreme, not parliament

    “Judges Don’t Serve Mobs, They Serve the Constitution”: CJI Gavai

    Air India Crash: AI-171 black box data extracted, analysis underway

    Air India Crash: AI-171 black box data extracted, analysis underway

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    China's Fertiliser Export Halt to India Raises Strategic Red Flags

    China’s Fertiliser Export Halt to India Raises Strategic Red Flags, Prompts Swift Response

    India’s Economic Engine Accelerates

    India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

    US-Iran Tensions Shake Global Markets

    US-Iran Tensions Shake Global Markets; Oil Prices Surge and Safe-Haven Assets Rise

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch

    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch, No Takeoff in Sight

    CQB carbine

    DRDO and Indian Army Unveil Indigenous CQB Carbine for Urban Warfare

    A Timely Push For Self-Reliance Amid Strategic Tensions

    India Flexes Muscle: 28 DRDO Weapons Cleared for Emergency Defense Procurement

    ICRA’s analysis highlights that defence companies are benefitting from strong execution progress

    India’s Defense Sector Set for 15–17% Growth in FY26: ICRA Report

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    history and achievements of SCO

    The SCO Explained: Power, Politics, and the Rift at Qingdao

    Rajnath Singh Snubs SCO Statement Over Pakistan-China Attempt to Dilute Anti-Terror Stand

    Rajnath Snubs SCO Statement after Pakistan-China Attempt to Dilute Anti-Terror Stand

    Emergency was imposed on June 25, 1975, by then Prime Minister Indira Gandhi.

    Why India Must Act Now to Criminalise Emergency ‘Denial’

    operation sindhu

    “We Thought We’d Never Return”: Over 3,400 Indians Rescued from Iran in Operation Sindhu

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    indian culture as world civilisation

    The Indian Roots of World Civilizations

    death anniversary of shyama prasad mukherjee

    From Sacrifice to Sovereignty: How Modi’s India Is Realizing Shyama Prasad Mukherjee’s Vision

    Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Karnataka’s Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Kamakhya Devi Temple- Ambubachi Mela

    Where the Goddess Bleeds: Inside the Sacred Mysteries of Kamakhya Temple

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    A Deep Look into Mucormycosis and Throat Cancer

    A Deep Look into Mucormycosis and Throat Cancer

    How to Store Your Tennis Outfits Properly

    How to Store Your Tennis Outfits Properly

    The Digital Gaming Wave and Its Role in India’s Economic Growth

    The Digital Gaming Wave and Its Role in India’s Economic Growth

    mistakes to avoid during yoga

    6 Common Yoga Mistakes to Avoid for a Better Practice

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Apple dethroning Saudi Aramco proves that data is indeed the new oil and tech giants, the new cartel

 Owing to the pandemic, Apple has consciously diversified its platforms by betting big on digital services.

Yash Joshi by Yash Joshi
2 August 2020
in Opinions
Apple, Saudi Aramco, data, oil
Share on FacebookShare on X

Ever since the turn of the century, it has been predicted that data will eventually overtake oil and become the most valued asset. It seems that this moment has arrived as Apple has overtaken oil giant Saudi Aramco to become the world’s most valuable publicly-traded company with a market valuation of 1.84 trillion dollars on the back of strong third-quarter fiscal earnings.

Ever since Saudi Aramco’s market debut last year, it had been the most valuable publicly listed company. However, the pandemic has resulted in Apple overtaking the oil giant, as on Friday, its shares closed up by 10.47 per cent with its market valuation of a staggering 1.84 trillion dollars. Saudi Aramco has a market valuation of 1.76 trillion dollars.

RelatedPosts

The Hidden Cost of The India- US Trade Deal

Finance Ministry instructs employees not to use ChatGPT, DeepSeek for official purposes

NVIDIA to collaborate with India to make custom AI chips

Load More

Apple has registered an 11% year-over-year growth with its shares up by more than 44% this year. Morgan Stanley Analysts observed, “Despite Covid-19 headwinds, Apple grew revenue in every segment and geography, beating consensus revenue by 14 per cent as ecosystem engagement rises.”

The pandemic has caused a sharp slump in crude prices, considering the historically low demand, which has deeply affected Saudi Aramco. According to Bloomberg, in all probability, the company’s second-quarter revenue dropped to approximately $37 billion from $76 billion a year earlier.

While oil is currently out of favour, data has emerged as an undisputed king. Owing to the pandemic, people locked in the shelter of their homes consumed and generated more data than ever. Apple has aggressively strengthened its market positioning as it has gained the first mover’s advantage; thanks to its accelerated shift to the digital services.

It is important to note that in March, the gap between Apple and Saudi Aramco was more than $500 billion, which now Apple has leapfrogged.

The technology giant while continuing to aggressively push its most profitable lines of business in iPhone, iPad and Mac, has consciously diversified its portfolio as it sensed a slowing down of sales of its hardware devices.

Apple through Apple Music, Apple Card and the recently launched Apple TV+ is betting big on content and emerging as a strong competition to OTT giants like Netflix and Amazon Prime. This diversification is part of Apple’s plans to transform itself into one of the world’s leading providers of digital services.

Currently, the tech giant’s services segment makes up approximately 17.7% of its revenue.

Apple is betting big on data and is reaping the rewards for the same. It will not be far-fetched to say that data indeed is the new oil and technology is the new oil cartel.

Tags: AppledataOilSaudi Aramco
Share115TweetSend
Previous Post

China wanted to lock India in a two-front war but India and Japan can team up for a bigger two-front war against China

Next Post

‘Stop the Baloch Army or pay the price,’ China’s message to Pakistan is clear as BLA hurts CPEC

Related Posts

way ahead of G7 summit
Opinions

When The Summit Became A Stage: The G7, Trump’s Exit, And Fractured World

17 June 2025

In the crisp alpine air of Kananaskis, nestled amidst the brooding Rockies of Alberta, world leaders gathered to forge...

The Tale of how Operation Sindoor Silenced Satyapal Malik and His Echo Chamber
Opinions

Operation Sindoor Success: Satyapal Malik and ilks disappears into abyss of silence

8 May 2025

On May 6, former Jammu and Kashmir Governor Satyapal Malik appeared in a much-publicised interview with controversial journalist Karan...

Operation Sindoor
Defense

Why Operation Sindoor? Because No One Touches the Sindoor of an Indian Woman Without Consequence

7 May 2025

In a rapid and decisive response to the Pahalgam Islamist attack that claimed the lives of 26 innocent tourists...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

India's Rise: Defense and Diplomacy in 2047 Vision

India's Rise: Defense and Diplomacy in 2047 Vision

00:22:51

1975 emergency: India's 21 month dictatorship.

00:10:29

poverty crushed! Modi delivers india's biggest upliftment ever.

00:06:19

Right time for release? Sardar ji 3 drops amid tragedy

00:05:33

India' s oil and ethanol market at risk? Rural industries dear US flood

00:04:14
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited