Which is the world's most valuable company?
Apple has reclaimed the top spot on the list of the world's most valuable companies.
Apple hits record $3 trillion in worth, making it most valuable company | The Hill.
As of June 2023, there are currently five trillion dollar companies on the planet, with other companies touching the valuation, but have since fallen back into the billions.
Apple is nearly $500 billion more valuable than the next-largest company, Microsoft ($2.5 trillion market cap), while Saudi Aramco ($2.1 trillion), Alphabet ($1.5 trillion), Amazon ($1.3 trillion) and Nvidia ($1 trillion) round out the exclusive trillion-dollar club.
What is the 1 largest company in the world? The largest company in the world by revenue is currently the Saudi Arabian Oil Company (also known as Saudi Aramco), a state-owned oil and gas company based in Saudi Arabia.
July 3 (Reuters) - Apple Inc (AAPL. O) became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its expansion in new markets coupled with expectations of a more moderate approach to interest rate hikes by the Federal Reserve.
| Ranking of the companies from 1 to 100 | Market capitalization in billion U.S. dollars |
|---|---|
| Apple (U.S.) | 2,746.21 |
| Microsoft (U.S.) | 2,309.84 |
| Saudi Arabian Oil Company (Saudi Aramco, Saudi Arabia) | 2,055.22 |
| Alphabet (U.S.) | 1,340.53 |
Since then, it has rarely forfeit that title. It first reached $1 trillion in value in mid-2018, and it achieved a $2 trillion valuation in August 2020, making it the first US company to surpass that level, though Saudi Aramco was the first $2 trillion company overall.
Apple Inc. made Wall Street history as the first company with a market value over $3 trillion, the latest sign of big tech's seemingly unstoppable dominance in equity markets.
The iPhone maker also holds the distinction of being the world's first company to reach $1 trillion and $2 trillion. According to analysts, Apple stock still has room to grow in the future.
Which company is a trillionaire?
Companies like Apple, Microsoft, Amazon, and Alphabet symbolize trillion-dollar entities that have achieved remarkable financial success, transformed industries, and impacted our daily lives.
With a value of $200 billion, ByteDance, the Chinese tech which owns TikTok, is officially the most valuable unicorn in the world, according to The CEOWORLD magazine's Top 500 Unicorn Startups 2023.
ByteDance, China
Kohlberg Kravis Roberts, SoftBank Group, Sequoia Capital, General Atlantic, and Hillhouse Capital Group. Bytedance is the most valued startup in the world with a current valuation of $300 billion.
| Rank | Company | Profit per Day |
|---|---|---|
| #1 | Saudi Aramco | $304,039,726 |
| #2 | Apple | $163,098,630 |
| #3 | Industrial & Commercial Bank of China | $123,293,973 |
| #4 | Samsung Electronics | $109,301,918 |
The Biggest Companies in the United States by Market Capitalization (March 24, 2023) As of March 23, 2023, with its market capitalization of $2,514 billion, APPLE INC. is the most valuable company in the United States, according to the CEOWORLD magazine, a list of the world's biggest companies by market cap.
The Government Pension Investment Fund of Japan remains the largest asset owner in the world (US$1.7 trillion) followed by the two largest sovereign wealth funds: Norges Bank Investment Management (US$1.4 trillion) and China Investment Corporation (US$1.2 trillion).
One trillion is equivalent to 1000000 million or in words, we can say that one million million, that is, 1, 000, 000, 000, 000. Therefore, one trillion has 12 zeros.
In the American system each of the denominations above 1,000 millions (the American billion) is 1,000 times the preceding one (one trillion = 1,000 billions; one quadrillion = 1,000 trillions).
/ˈtrɪljɪn/ A trillion is 1,000,000,000,000, also known as 10 to the 12th power, or one million million. It's such a large number it's hard to get your head around it, so sometimes trillion just means “wow, a lot.”
Who is the richest man in the world? As of August 1, 2023, the richest man in the world is Elon Musk, the CEO of electric car company Tesla; he's worth $241.3 billion. He moved into the number one spot in June, overtaking Bernard Arnault of France.
What is the richest country in the world?
Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Luxembourg, one of the smallest countries in the EU has a population of 634,000 and is the richest country in this ranking with a per capita GDP of nearly $130,000.
So what is driving Apple to these unprecedented heights? Quite simply, its profits. This isn't a speculative, Tesla-is-changing-the-future kind of play. This isn't an Amazon-esque stay-at-home standout.
Apple's Growth
As long as Apple continues to innovate, there will be heightened demand for its products and services. This leads to pricing power, expanding profit margins, and improved cash flow, which help drive the stock price higher while also allowing Apple to return capital to shareholders.
Apple is the world's largest technology company by revenue, with US$394.3 billion in 2022 revenue.
It has been riding a Big Tech stock wave that has given the Nasdaq its best first half gain in 40 years. Shares of Apple rose more than 2% Friday at a record $193.97. With 15.7 billion shares outstanding, that stock price pushed Apple to its historic market value.
The cascading trillions have been driven by the technology empire that Apple has built since Jobs returned to the company in 1997 after being pushed aside by then-CEO John Sculley in 1985.
Apple is now worth more than Alphabet, Amazon and Meta put together. Apple's market capitalization reached $2.307 trillion on November 3, making it more valuable than Amazon, Alphabet (Google's parent company), and Meta combined, which stood at $2.306 trillion.
It's also worth noting that while Samsung is currently more profitable, Apple remains a much larger company overall. Samsung is valued at less than $200 billion, while Apple is the world's most valuable technology company with a market cap of nearly $500 billion.
The reason behind that—and behind Apple's success—is that its devices are beautiful to look at and a pleasure to use. That's why the company has such a powerful brand and lofty stock valuation. The marketing helps, and the media and fan frenzy never hurt.
The iPhone is Apple's most popular product, selling 46.89 million units in the fourth quarter of 2018. Apple's other signature products, the iPad and the Mac computer, sold 9.67 and 5.3 million respectively in the same quarter.
Which country uses Apple the most?
Active iPhone units in US
There are just under 150 million active iPhone units in the United States, making Apple by far the most popular smartphone manufacturer and ahead of all Android device manufacturers combined.
The absolute best iPhone is the $999 iPhone 14 Pro. It has all of Apple's newest features, including an A16 Bionic chip, upgraded main camera, the Dynamic Island, as well as tools like Car Crash Detection and SOS via Satellite.
It first reached $1 trillion in value in mid-2018, and it achieved a $2 trillion valuation in August 2020, making it the first US company to surpass that level, though Saudi Aramco was the first $2 trillion company overall.
In its last quarterly filing of December 31, 2023, Apple reported $51.355 billion cash on hand. This is a combination of “cash and cash equivalents” and “marketable securities.” For the reporting period, cash and cash equivalents were $20,535 billion, and marketable securities were $30,820 billion.
