Several weeks ago, i saw a newspaper which said the value of Apple’s brain exceeds CNPC (China Petrochemical Corporation). At first, i was confused that how the paper use Apple’s brain to compare with the energy of CNPC. However, when i finished reading the article, i knew that the market value of Apple exceeded CNPC’s in the world and reaches to No. 3 World’s most valuable company.
As we know, Apple concentrates on the advanced technology. It developed nano, mac, iphone, and ipad. All of these products contain a highly advanced technology. Moreover, Apple’s management didnot only sell their products, they but also spend a lot of money and labour on developing those technologies. Every year, Apple will have new products to attract customers, and stop the production of models. More and more people are buying and using Apple’s products, especially young generations. Thus, Apple occupies a large proportion of IT market share. It goes without saying that its market value will go up.
CNPC is the largest energy corporation in the world. Due to the larget population in China and government’s regulation, CNPC used to be the worlds second most valuable corporation. CNPC control’s all the petro, gas and other energy products in China, and some other Asian countires. However, through my experience, the management of CNPC only aim to profits and self-complacency. They never care the benefits of public. Those staffs in the company usually use the compenstaion resource as much as possible. Furthermonre, nobody in CNPC cares about innovation, new product technology. It goes without saying that its marekt value will falls down. If there is no government regulation, it must bankrupt with one month.
I do not suggest people buy CNPC’s stock.