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At the top, It is Apple which was established on 1 April 1976 by Steve Wozniak, Ronald Wayne, and Steve Jobs. The company logo is recognised by many people, as Apple became the most successful brand, indeed. Its value is estimated at $1.88 Trillion by experts from rating agencies.
After the successful issue of shares on the stock exchange, Saudi Aramco (Saudi Arabian Oil Company) became the most expensive company in the world. Today, Saudi Aramco is considered one of the world’s leaders in oil production and reserves. It holds the 2nd spot in Top 10 most valuable companies in the world with an estimated value at $1.76 Trillion
The Third Most Valuable Company in the World is Microsoft. The internationally famous corporation was founded in 1975 by Bill Gates, who is one of the richest men in the world by now.
Today, Microsoft is one of the leading companies in the PC software market as well. It releases new-generation Windows operating systems, a set of applications to work with documents called Microsoft Office, and many other software programs. Besides, Microsoft produces its own mobile devices and accessories, video, audio, and office equipment.
The company is headquartered in Redmond, Washington, USA.
How these companies are ranked ?
Using market capitalization to show the size of a company is important because the size of a company is the main factor determining the various characteristics investors are interested in, including risks.
As market capitalization is the number of shares multiplied by their value, it is not the price at which the owner will necessarily sell their company.
Despite the companies might be over- or undervalued by the market, to get the real value of a company, we should consider its activity from a fundamental point of view.