But, which one is worth the most? That depends on how you measure it.
Many investors and financial experts rely on a company’s market capitalization (market cap)—the total dollar value of its outstanding shares—to figure out what it is worth. As noted byInvestopedia, market cap is “calculated by multiplying a company’s shares outstanding by the current market price of one share.” It’s a way to measure size instead of relying on sales or total assets.
To determine what tech companies stand out in terms of market cap, GlobalData compiled a list of the leading firms as of Q1 2018. Here are the top 25 global technology companies by market cap:
- Taiwan Semiconductor Manufacturing
- Texas Instruments
- Tata Consultancy Services
- Micron Technology
- Applied Materials
From the last day of Q4 2017 through the end of Q1 2018, no new companies made it into the the top 10, a press release noted. And the top six companies maintained their spots in the same order as well.
Overall, these companies were valued at a total of roughly $5.7 trillion at the time of the press release, which marks a 4% decline from the previous measurement. Some 56% of these top 25 companies saw a market cap decline, including Facebook, SAP, Qualcomm, and more.
Nine companies saw growth, but Micron Technology, Intel, and Adobe recorded at least 10% growth and moved up in the list in Q1 2018, the release said. Geographic concentration of these companies remained unchanged from last year.
The big takeaways for tech leaders:
- Apple, Alphabet, and Microsoft are the three most valuable companies in terms of market cap.
- 56% of the top 25 tech companies in the world saw a market cap decline over the past year, according to GlobalData research.