Money Buzz! Europa

Tag: apple

  • Apple remains the world’s largest company by market capitalisation

    Apple remains the world’s largest company by market capitalisation

    The market capitalisation of the 100 largest listed companies in the world increased by over USD 10 trillion (48%) between April 2020 and March 2021.

    By 31 March 2021, a new record high of USD 31.7 trillion had been reached, according to PwC.

    All sectors represented in the Top 100 list saw substantial increases, ranging from 25% to 75%, in market capitalisation during the year to March 2021.

    Technology continues to be the largest sector in terms of market capitalisation (USD 10.5 trillion). Global Top 100 Technology companies saw a 71% increase from their March 2020 value.

    Industrials and Basic Materials also outperformed other sectors, with increases of 75% and 68%, respectively.

    The worst-performing sectors in the Global Top 100 were Health Care, with 25%, and Energy and Utilities, at 26%.

    United States continues to dominate the Global Top 100. Its 59 companies on the list recorded the highest regional increase in market capitalisation of 57%, compared with China’s 42% and Europe’s 18%.

    Five European companies dropped out of the Global Top 100 in the year to March 2021, including three in the UK and two in France. That was partially offset by two new entrants to the list from Germany – Siemens and Volkswagen.

    The 73 companies on the list from the US and China account for 77% of the total market capitalisation of all Global Top 100 companies.

    Apple is the world’s largest company by market capitalisation

    Apple regained its crown as the world’s largest company by market capitalisation with a March 2021 valuation of 6% and 13% ahead of Saudi Aramco (2nd) and Microsoft (3rd), respectively.

    Apple’s market capitalisation reached an all-time high of USD 2.4 trillion in January 2021.

    Although Amazon’s market capitalisation increased by 61% in the year to March 2021, the company remained in fourth place.

    The top 10 is completed by Alphabet (Google), Facebook, Tencent, Tesla, Alibaba and Berkshire Hathaway.

    China Mobile was the only company in the Global Top 100 that saw a decrease in market capitalisation.

    Tesla recorded the highest increase, of 565%. Food delivery platform Meituan saw the second largest increase in market capitalisation in relative terms (221%).

    Volkswagen returned to the Global Top 100 with a USD 165 billion market capitalisation as at March 2021, with a 165% increase in the year to March 2021, driven by strong investor support and consumer demand for its transition to electric vehicles.

    Given the ongoing regulatory challenges and suppressed demand across the aviation industry due to the pandemic, Boeing made a surprise return to the list with a 77% increase in market capitalisation.

  • 97% of Romanians use a smartphone. Samsung is their favourite brand

    97% of Romanians use a smartphone. Samsung is their favourite brand

    In Romania there are over 26M mobile connections, 135.6% compared to the country’s population, and 97% of Romanians use a smartphone, according to Telekom.

    Samsung is the mobile phones brand used by the majority of the Telekom’s customers, which registered over half of the total options expressed (58.5%).

    In second place is Huawei, with a percentage of 20.9%, followed by Apple with 9.7% of preferences and Xiaomi with 4.2% of votes.

    Others use Nokia phones, Motorola, Oppo, HTC, LG, Allview, Asus, iHunt, Sony, Alcatel, Lenovo.

    When it comes to the period they use the mobile devices, over 40% of respondents said they have owned the current phone for two years or more.

  • 10 most valuable companies worth 12% of Global GDP in 2020

    10 most valuable companies worth 12% of Global GDP in 2020

    Data presented by Bankr indicates that the top ten most valuable companies based on market capitalization are cumulatively worth $10.06 trillion.

    The cumulative value represents about 11.93% of the $84.27 Covid-19 adjusted 2020 global GDP.

    Apple is the most valuable company with a market capitalization of $2.09 trillion or 2.48% of the global GDP.

    Microsoft Corporation is the second most valuable entity at $1.59 trillion in market capitalization.

    E-commerce giant Amazon is the third most valuable company at $1.55 trillion, followed by Alphabet at $1.22 trillion.

    Social media firm Facebook is the fifth most valuable company at $0.79 trillion.

    Alibaba Group ranked sixth with a market cap of $0.72 trillion, followed by Tesla at $0.59 trillion.

    Berkshire Hathaway ranks in the eight spots with a valuation of $0.55 trillion, followed by Visa at $0.49 trillion.

    Taiwan Semiconductor Manufacturing Company Limited is the tenth most valuable company with a market capitalization of $0.47 trillion.

  • COVID-19 pandemic has reduced the market capitalisation of companies

    COVID-19 pandemic has reduced the market capitalisation of companies

    The market capitalisation of the 100 largest listed companies in the world declined by 15%, representing USD 3,9 trillion în Q1 2020, because of the COVID-19 pandemic, after an increase of 20% in March – December 2019, according to PwC’s Global Top 100 companies.

    The companies in the Oil & Gas sector were hit hardest.

    As a result of this evolution, between 31 March 2019 and 31 March 2020, for which the ranking is made, the market value of the 100 largest listed companies in the world reached USD 21.5 trillion, 2% up from the previous corresponding period.

    Energy and the financial sector, the biggest declines. At the opposite pole, utilities, technology and health

    In the first three months of 2020, all sectors declined. The most affected was oil and gas, down 37%, followed by finance by 23%.

    The smallest decreases were registered by the utilities companies, of 1%, technology, which lost 11% of the market capitalization, and by the consumer service companies, with minus 6%.

    The latter’s evolution was supported by the 16% (USD 23 billion) growth of Netflix, one of the ten companies whose market value increased during that period.

    Top 10 most valuable companies. Saudi Aramco ranks first

    Saudi Aramco joined the Global Top 100 this year having undertaken the largest IPO in history in December 2019. Saudi Aramco entered the list in first position and has retained this position ever since, with a market capitalisation at 31 March 2020 of USD 1,6 trillion.

    Saudi Aramco has thus surpassed last year’s leader, Microsoft, which is now on second place, followed by Apple.

    Even with the COVID-19 disruption, the market capitalization of Microsoft and Apple each exceeded USD 1 trillion as of March 2020. The performance of Amazon, placed on fourth place, was boosted by a surge in demand created by movement restrictions.

    The world’s top 10, made up mainly of technology and e-commerce companies, is completed by Alphabet, Alibaba, Facebook, Tencent, Berkshire and Johnson & Johnson.

    Even with the impact of COVID-19, Tesla was the biggest riser in the three months to March 2020, of 28%, at the opposite pole is Citigroup, with a decrease of 49%.

    The US continues to dominate at the regional level

    For the sixth consecutive year, the US ranks first, having more than half (57) of the companies in the top followed by Europe, with 21 companies, China and its regions, with 12 companies.

    By region, European companies in the global Top 100 experienced the most significant reduction in Q1 2020, by 25% (USD 956 billion).

    The market capitalization of American companies in the ranking decreased by 14% (USD 2.2 trillion), and that of Chinese companies by 11%. Brazil, Australia and South Africa no longer appear in the ranking, after the exit of Petrobras, BHP and Naspers.

    Unicorns value is growing

    Regarding the unicorns, the value of the Top 100 Unicorns grew by 5% to USD 853 billion as at 31 March 2020.

    The outlook for unicorns remains positive in the medium term. Some public companies have seen a surge in demand since COVID-19 took hold which has translated into valuation growth, particularly technology / technology enabled and health care businesses – sectors where unicorns are well represented.

    Similarly to the Global Top 100, the US dominates the Top 100 unicorns, representing half of the list in terms of number of companies and value, China ranks second with 26 companies and Europe is on third place, with ten companies, of which six from Great Britain and three from Germany.

  • First European Apple store to reopen, in Wien

    First European Apple store to reopen, in Wien

    On May 5, Apple is opening its store in Vienna on Kärntnerstrasse. It is the first Apple store in Europe to reopen, according to Heute.

    The daily opening times are temporarily from 11 a.m. to 6 p.m.

    In response to the COVID-19 outbreak, Apple has closed down its stores across the globe, except for mainland China. 

    For now, Apple will continue to encourage customers to shop online while the stores will focus more on services and support.