For someone who came of age when "Apple" was always prefixed with "beleaguered computer maker", this is always very weird to see.
It’s shocking that Apple is the biggest tech company
That's what a cult who buys products and stock does for you.
It's been that way for over a decade
How are Visa and MasterCard IT instead of financials? I realize they use and develop a bunch of tech, but it's all in support of their space in the financial sector
Saudi aramco should never be on these lists because it barely counts as a company if it does at all
I think it made the list based on being publicly traded
Market capitalization, or market cap, is one measure of a company’s value as determined by the stock market. It is easily calculated by multiplying the company’s outstanding shares by its current share price.
In this graphic, we present a treemap chart that visualizes the world’s top 50 publicly-traded companies by market cap, using data as of Aug. 16, 2023.
Correct.
Yes it did. But unlike most publicly traded companies only a small proportion of the company is actually available as shares. The Saudi government controls 98.2% of the shares. So the $2.2tn valuation, while accurate, would likely not be as big if everyone else didn’t have to fight over 1.8% of the company. And unlike normal companies, the laws they follow can be changed if the company wants them to be. Buying shares of Saudi Aramco is like investing directly into the Saudi government.
Compared to the rest of the companies on this list, it is in a hugely different situation.
In what way does it not count as a company?
https://lemmy.ml/comment/3055032
Here is a link to another comment I just made, hopefully expanding what I meant in my original comment.
Based on this list, it’s obvious Tesla is waaay over value.
Permanently Deleted
I thought it was weird that Disney wasn't on there so I looked it up and their market cap is "only" $157B. I thought they'd have been a lot bigger.
Mislabeled 'Health Care' .... that sector has very little to do with 'human health' or 'care'
