The OP data is wrong, which you probably already know. Apple’s net income (AKA Profit) for 2023 was ~$96B while Walmart’s was ~$11B. Walmart is the largest corporation by revenue but retail is a low margin, high overhead business. Their operating costs are much higher than Apple’s.
Also, as another commenter mentioned, share price is not linked that closely to profitability. There are other factors that influence the share price. Hell, share price isn’t even tied that closely to it’s actual value.
See “Book Value” vs. “Market Value”.
The OP data is wrong, which you probably already know. Apple’s net income (AKA Profit) for 2023 was ~$96B while Walmart’s was ~$11B. Walmart is the largest corporation by revenue but retail is a low margin, high overhead business. Their operating costs are much higher than Apple’s.
Also, as another commenter mentioned, share price is not linked that closely to profitability. There are other factors that influence the share price. Hell, share price isn’t even tied that closely to it’s actual value. See “Book Value” vs. “Market Value”.