Top 10 Largest Companies in the World by Market Cap
Microsoft is the largest company in the world in terms of market capitalization. The entire value of a publicly traded company’s share price multiplied by the number of outstanding shares is known as market capitalization. Market capitalization, once calculated, may be used to evaluate a company’s net worth. Eight of the world’s ten largest corporations by market capitalization are headquartered in the United States, with the other two in China. Furthermore, at the end of the first quarter of 2019, all ten of the largest companies had a market value of more than $300 billion. The greatest market capitalization corporations are those in technology and consumer services. Some of these establishments are listed below.
The 4 Largest Companies by Market Capitalization
Microsoft
In the first quarter of 2019, Microsoft’s market value was $904.86 billion, making it the world’s largest company. Microsoft is a multinational technology company based in Redmond, Washington, with operations all over the world. Bill Gates and Paul Allen founded the company in April 1975, and by the 1980s, it dominated the PC operating system market. Furthermore, at the turn of the century, Microsoft was the largest business and continues to rank among the world’s top corporations in a variety of criteria. The corporation’s goods and services include computer software, personal computers, consumer electronics, and related services.
Apple Inc.
Apple Inc. became the first firm to attain a $1 trillion market capitalization in 2018. Its market value, however, has subsequently decreased, hitting US$ 895.67 billion in the first quarter (Q1) of 2019. The drop has been attributed to weak iPhone sales. The California-based company designs, develops, distributes, and sells computer software, consumer electronics, and internet services. Each month, Apple’s services and products, such as the App Store, produce billions of dollars in revenue.
Amazon
Amazon is one of the “Big Four” technology companies, along with Apple Inc., Facebook, and Google. With a market value of $874.71 billion in the first quarter of 2019, Amazon is the world’s third biggest corporation. The technology business established in Seattle specializes in e-commerce, digital streaming, artificial intelligence, and cloud computing. Amazon’s technological innovations have impacted long-established industries. The corporation is presently the country’s second largest employer.
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Alphabet Inc.
Alphabet Inc. is Google’s parent company, which was established in 2015 as a result of Google’s organizational restructuring. With a market capitalization of $818.16 billion in the first quarter of 2019, it is now the world’s fifth largest technology enterprise and the fourth largest corporation. Alphabet Inc. was formed in order to segregate Google’s core activities, such as advertising and Google Search, from new projects like Verily Life Science and Calico. Google has grown substantially since it went public in 2004.
Why Do American Companies Dominate the List of the World’s Largest Companies by Market Cap?
Historically, Japanese-based organizations led the list of the world’s largest companies in terms of market capitalization because the yen, Japan’s currency, was more valuable. However, American-based businesses presently lead the list of the world’s largest corporations, which may be ascribed to a number of factors, including the strength of the US dollar.
List of the 10 Largest Companies in the World by Market Cap
| Rank | Company | First Quarter Revenue (Billions of Dollars, 2019) |
|---|---|---|
| 1 | Microsoft | $904,860 |
| 2 | Apple Inc. | $895,670 |
| 3 | Amazon.com | $874,710 |
| 4 | Alphabet Inc. | $818,160 |
| 5 | Berkshire Hathaway | $493,750 |
| 6 | $475,730 | |
| 7 | Alibaba Group | $472,940 |
| 8 | Tencent | $440,980 |
| 9 | Johnson & Johnson | $372,230 |
| 10 | ExxonMobil | $342,170 |