The world’s top 10 richest tech companies
Despite the ailing economy, it appears many tech companies in Silicon Valley are doing just fine, as reported by Valley Wag.
Despite the ailing economy, it appears many tech companies in Silicon Valley are doing just fine, as reported by Valley Wag.
Before you read this list of the world’s biggest tech companies, think about your annual salary for a moment. Do you have that magic number in your head? Great. Now think about your net worth by adding up all your assets, such as your house, your investments, and such. Got it?
Now, without getting depressed, take a look at the following value of the top 10 tech companies. What recession? Note: All dollar values are in U.S. funds.
1. China Mobile: $31 billion
2. Cisco Systems: $26.2 billion
3. Microsoft: $21.2 billion
4. Apple: $20.7 billion
5. Google: $12.7 billion
6. Intel: $12 billion
7. Nokia: $10.8 billion
8. Dell: $9 billion
9. Motorola: $7.2 billion
10. Taiwan Semiconductor: $7 billion
So, where’s HP? Yahoo? IBM? Sony? Panasonic? Nintendo? Any surprises with this list?
Well Hp did lay off a huge sum of employees not too long ago. I personally don't buy from HP, IBM, Sony, or Panasonic nor Nintendo. All my money goes into Asus whenever i need a new computer/laptop.
^
no one cares, stfu.
HP make great printers. Everyone should stick to what they know best
nihga WATCH YO SELF
arent they all telecom companies like companies that deal with communications and informations?
I have no idea what these numbers are supposed to be – they aren't cash, current assets, market cap, issued share capital, or net tangible assets, so what are they? Now look at net tangible assets and see which one has lots, and which is swamped by debt:
net tangible assets:
China Mobile $46 billion
Intel $36 billion
Microsoft $22 billion
Google $20 billion
Apple $19 billion
Cisco $19 billion
Nokia $16 billion
Taiwan Semiconductor $14 billion
Motorola $9 billion
Dell $0
cash:
China Mobile $26 billion
Microsoft $10 billion
Apple $9 billion
Dell $9 billion
Intel $8 billion
Google $7 billion
Cisco $5 billion
Nokia $3 billion
Taiwan Semiconductor $3 billion
Motorola $3 billion
all these companies are ones that are ones in det
Your List is way out of line. Microsofts net worth is at least five times higher than amount shown.
You have to take those figures with a grain of salt. Every source you research will give you a different value and a different way of calculating that value.
Is General Electric not a tech company? They manufacture everything tech-related from jet engines to Cat and NMRI scanners. GE has a market capitalization of US$195.38 Billion. That makes it the eighth richest company in the world by market capitalization. China Mobile places thirteenth in this list.
Mitsubishi Industries has a market cap of US$77.16Trillion! That's right, trillion! I would consider them a very high tech company. They are the highest valued company in the world.
Mokey Titas: "all these companies are ones that are ones in det".
1.) Debt, not det.
2.) Microsoft has never been in debt. They recently negotiated a debt to buy back stock, however the amount is significantly less than cash on hand.
I have not analyzed the other companies in the list.
Sleepy: Excellent point. "Rich companies" vs. "value of companies" doesn't make sense, especially since, as you state, value can be calculated many different ways: Book, net asset, DCF, the list goes on. Cheers!
The story should have mentioned that this show the "cash-in-the-bank." The headline seems misleading as to allude to the value of the companies!
The most recent profits for Nintendo were close to 20 billion Candian dollars. Why are they left off?
To Joseph: I don't think Nintendo made close to that (ever). I could of course be wrong but my sources (Google) put the profit at close to $3 billion US for the year (essentially the same as Canadian currency, give or take a few hundred million dollars). Maybe you were looking at revenue?
Oh yeah sorry, guess I was looking at the wrong thing silly me :P
AS mentioned by one of the previous posters – this list appears completely meaningless.
There is no definition of "richness", only a dollar value without underpinning.
This is way out of whack with market cap valuations or cash balances… Yahoo turned down an offer in excess of $40bn only a couple of months ago from a company that apparently (according to your list) cant afford them.
What a load of rubbish. Why is it that MSN repeatedly publishes the very poorest of financial commentary?
U know what none of these comp, sleeps Do you really care . dont u have better things to do
Could you tell me the source where you get this ?
thank you