The world’s largest corporations by market capitalization operate in a variety of markets, including technology, communication services, energy, consumer cyclical, and financial services. The market cap of a firm is derived by multiplying the total number of outstanding shares by the current market price of a single share. The bulk of the top-10 firms produces hundreds of billions of dollars in yearly sales. However, there are a handful that earns less than $100 billion in yearly sales, indicating that investors are more hopeful about these firms’ prospective development than the others on the list.
Below is the list of the top 10 most valuable companies in the world
- Apple Inc.
Apple creates, manufactures, and sells a wide range of consumer technology products, including smartphones, personal computers, tablets, fitness bands, and home entertainment systems. iPhone devices and Mac computers are among their most popular items. Apple has also significantly increased its service sales. It runs digital content shops, offers cloud and payment services, and just introduced AppleTV+, a streaming platform for on-demand entertainment. Apple’s market capitalization is $2.421 trillion as of May 2022. According to our research, this makes Apple the most valuable corporation in the world by market capitalization. Market capitalization, often known as market cap, is the total market value of a publicly-traded business’s outstanding shares and is widely used to determine the value of a firm.
Microsoft is a software, device, solution, and service provider with a global presence. The corporation is well-known for its Office Suite and Windows software. Bill Gates and Paul Allen started the firm in 1975, and it is best known for its software products, which include Microsoft Windows operating systems, the Microsoft Office suite, and the Internet Explorer web browser. Microsoft is also recognized for its hardware products, including the Microsoft Surface touch screen personal computer and the Xbox video game console series. Cloud computing services, for which the firm is a global leader, are contributing an increasing portion of its earnings and sales. Azure is the name of Microsoft’s primary cloud platform. Microsoft also owns and operates LinkedIn, the prominent job-search social networking site. Microsoft’s market capitalization is $2.043 trillion as of May 2022. According to our calculations, this places Microsoft as the world’s third most valuable firm by market capitalization.
- Saudi Aramco
Saudi Arabian Oil, also known as Saudi Aramco, is a Saudi integrated oil and gas business established in Saudi Arabia. The firm has an upstream and a downstream section. Its upstream business explores for and produces crude oil, condensate, natural gas, and natural gas liquids (NGL). The downstream industry includes refining and petrochemical production, distribution, and power generation. Saudi Aramco also has a chemical division that produces aromatics and olefins as well as more complicated goods like synthetic rubber. Saudi Aramco has a market capitalization of $2.387 trillion as of May 2022. According to our calculations, this places Saudi Aramco as the world’s second most valuable firm by market capitalization. Market capitalization, often known as market cap, is the total market value of a publicly-traded business’s outstanding shares and is widely used to determine the value of a firm. Saudi Aramco’s current revenue (TTM) is $393.92 billion, according to the company’s most recent financial reports. In 2021, the company’s sales were $341.92 billion, an increase from $225.66 billion in 2020.
- Alphabet Inc. (Google)
Alphabet is the holding company of Google, the world’s most popular search engine. Search, the Android smartphone operating system, the Chrome browser, the Gmail email services, the Google Drive online file storage platform, Google Maps, Google Photos, the Google Play app store, and YouTube are among the technologies and digital services provided by the firm. The firm also offers cloud services via Google Cloud, allowing developers to design and deploy apps, as well as a number of workplace collaboration tools. Furthermore, the firm generates money from an expanding range of hardware goods, including the Pixel phones, Fitbit, and the Google Nest home collection. Alphabet also manages the Other Bets category, which includes developing firms like Waymo, a self-driving vehicle company. Alphabet (Google) has a market capitalization of $1.451 trillion as of May 2022. According to our calculations, this places Alphabet (Google) as the world’s fourth most valuable business by market capitalization.
Amazon.com is a global e-commerce store that offers a wide variety of items and services. It is also the world’s largest provider of cloud computing services. Its e-commerce business comprises items and materials purchased from suppliers for resale as well as those sold by third-party sellers. Amazon also provides a variety of subscription services and digital services, such as its cloud computing service and rapidly expanding streaming entertainment business. Furthermore, the firm produces and distributes electronic gadgets such as Amazon Kindle e-readers, Fire tablets, Fire TV, and Echo and Alexa. Whole Foods Market Inc., an Amazon subsidiary, offers groceries. Amazon’s market capitalization is $1.171 trillion as of May 2022. This places Amazon as the world’s fifth most valuable firm.
Tesla is a renowned electric vehicle manufacturer (EVs). Tesla Energy is a significant installer of a solar energy producing systems in the United States and one of the top global providers of battery energy storage systems. Tesla Motors, which was created in 2003 as Tesla Motors, sold its one-millionth automobile in 2020, marking a significant milestone for the firm. The Model 3 is a four-door, midsize sedan intended and priced for broad appeal; the Model Y is a small sport utility vehicle (SUV) that accommodates seven passengers; the Model S is a four-door, full-size sedan; and the Model X is a midsize SUV that seats up to seven persons. The business intends to build and produce a Cybertruck as well as a Tesla Semi, a commercial EV. Tesla also manufactures solar panels, generates solar energy, and sells energy storage systems. Tesla has a market capitalization of $786.98 billion as of May 2022. This places Tesla as the world’s sixth most valuable corporation.
- Berkshire Hathway
Berkshire Hathaway is a holding firm that owns a number of companies, including GEICO and Fruit of the Loom. Warren Buffett serves as its chairman and CEO. The headquarters of Berkshire Hathaway is in Omaha, Nebraska. Originally, it was a firm made up of textile milling units. Berkshire Hathaway has a significant number of companies involved in a wide range of corporate operations, such as insurance, freight rail transportation, retailing, utilities, and energy development and distribution. Berkshire Hathaway also operates manufacturing enterprises that produce goods for industrial usage, construction, and consumers. As of May 2022, the company’s market capitalization is $695.23 billion. This places Berkshire Hathaway as the world’s seventh most valued firm.
Jen-Hsun Huang, Curtis Priem, and Chris Malachowsky formed the firm in January 1993. Nvidia introduced the NV1 (STG-2000) in May 1995, one of the earliest 3D accelerator processors (GPU). Nvidia was listed on the NASDAQ (NVDA) in January 1999 and produced the ten-millionth graphics chip that same year. NVIDIA Corporation lacks its own production facilities and hence operates on the fabless premise.
It was a forerunner in the creation of the graphics processing unit (GPU), which had its original principal usage in PC graphics and video games. The GPU’s capabilities are currently being used in AI and machine-learning applications. The firm provides hardware, software, services, and other products and platforms to the gaming, professional visualization, data center, and automotive sectors. NVIDIA has a market capitalization of $468.77 billion as of May 2022.NVIDIA creates graphics processors and accompanying applications.
- Taiwan Semiconductor Manufacturing Co. Ltd.
Taiwan Semiconductor Manufacturing Co., or TSMC, is a semiconductor foundry headquartered in Taiwan. The firm was established in 1987. The company’s headquarters and principal operations are in Hsinchu, Taiwan. Based on unique integrated circuit designs given by its clients, the firm manufactures a wide range of semiconductors on silicon wafers. Its semiconductors are utilized in a wide range of electronic goods, including PCs and peripherals, information applications, wired and wireless communication systems, industrial equipment, digital TVs, gaming consoles, and many more. TSMC has a market capitalization of $486.27 billion as of May 2022. TSMC is now the world’s ninth most valuable business.
- Meta Platforms Inc (Facebook)
Facebook Inc. is an American corporation headquartered in Menlo Park, California. The corporation owns the social network Facebook, the video and photo-sharing service Instagram, the messaging app WhatsApp, and the virtual reality gear producer Oculus VR. Facebook, the world’s largest social media network, is owned by Meta Platforms. Meta develops products and digital platforms that allow consumers and companies to communicate with family and friends via mobile devices, personal computers, virtual reality (VR) headsets, and in-home devices. It also has Instagram, a photo-sharing app, and Messenger and WhatsApp, two different messaging applications, in addition to Facebook. Facebook Reality Labs, which provides augmented and virtual reality products, is also run by the business. Meta is also investing in and developing the metaverse, a vast virtual universe.