Yes, based on market capitalization, Apple is richer than Samsung. As of December 2023, Apple is the largest company in the world, with a market capitalization exceeding $3 trillion, while Samsung has a market cap of over $374 billion.
Market Capitalization Comparison
The following table illustrates the difference in market capitalization between Apple and Samsung:
| Company | Market Capitalization (December 2023) |
|---|---|
| Apple | Over $3 Trillion |
| Samsung | Over $374 Billion |
This significant difference in market capitalization demonstrates that Apple holds a substantially larger overall value compared to Samsung. Apple's value benefits greatly from iPhone sales, while Samsung contributes significantly to South Korea's GDP.
