In one year, the situation is almost the same. Apple confirms its status as the second largest company in the world in terms of value. The Cupertino company is worth $352.2 billion. As a reminder, this is not the stock market valuation but a calculation of the companyBrandZaimed at assessing the value of different companies and their brand potential. This analysis is based on extensive data collected during the year. These include financial results but also surveys carried out among consumers.
Towards a market capitalization of 2000 billion dollars?
Among the other large companies cited, we find Amazon in first place in this ranking, Microsoft is third, while Google loses one place compared to last year: 4th. Visa, Alibaba, Tencent and Facebook follow and we have to wait for ninth place to find McDonald's, a firm which does not belong to the field of new technologies.
This list ultimately remains very close tothe one from last year. Notably, Google continues its decline. The Mountain View firm was also in the lead in 2018. We can also see a slight misperformance of Facebook which went from sixth to eighth place.
This track record is quite different from Apple's market capitalization. The latter continues to increase and exceeds 1500 billion dollars. One analyst even recently stated that it could achieve2000 billionby 2024. Based on this forecast, the stock price would then exceed $550.
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By : Keleops AG
