Last year (in 2023), something big happened in the business world. TIME
magazine and Statista, a research company, worked together to highlight 750 of
the most important companies in the world. These companies are like the
superheroes of business, making a huge impact on how things work and pushing
new ideas forward. [1].
Among them, Big Tech takes precedence, with giants like Microsoft, Apple,
Google (Alphabet), and Meta Platforms (Facebook) capturing the world's
attention through unparalleled innovation and market dominion[1].
This emphasizes not only the sheer scale of these enterprises but also
highlights sectors driving forward economic engines and setting benchmarks in
employee satisfaction, environmental stewardship, and governance[1].
Diving into the essence of these titans, this article
unfolds the narrative of not just technological marvels like Microsoft and
Google but also encompasses diverse sectors represented by Visa, Johnson &
Johnson, and Walmart, divulging into what makes them the top companies of the
world. By exploring their journeys, revenue growth, and the impact of their
corporate strategies on global markets, readers will gain insights into the
anatomy of success—underpinned by rigorous employee satisfaction surveys and
ESG data[1].
From tech to healthcare and retail, the narrative weaves through the fabric of
industries that shape our everyday lives, offering a perspective on the dynamism
and resilience that characterize the world's most influential companies[1][2].
Global Giants: Exploring the Top Companies of the World
Microsoft
Microsoft stands as a towering figure in the global tech
landscape, showcasing a robust financial performance and significant market
influence. Here's a detailed look at some key aspects of Microsoft's
operations:
Financial Overview
- Global
Revenue and Net Income: In FY2023, Microsoft reported a
staggering global revenue of $212 billion USD and a net income of $72
billion USD, underscoring its financial health and profitability [5].
- Segment
Performance: The revenue for Microsoft's Productivity and
Business Processes segment reached $19 billion USD in Q1 2024, while its
Intelligent Cloud segment generated $88 billion USD in FY2023 [5].
- Research
and Development: Microsoft's commitment to innovation is evident
in its R&D expenditures, which totaled $25 billion USD in 2022 [5].
Market Position and Expansion
- Software
and Market Share: Microsoft is recognized as the largest software
company in the world by sales revenue [5]. It dominates the desktop computer
operating system market with a 68.15% share and holds substantial portions
of the productivity software market (30% share in 2024) and the
Infrastructure as a Service (IaaS) market (23% share) [5].
- Cloud
Computing: With 41% of companies running significant workloads on
Azure, Microsoft is poised to rival Amazon in the cloud computing
arena [5][7].
- Strategic
Acquisitions: The acquisition of Activision Blizzard is set to
revitalize Microsoft's gaming division, while enhancements to Bing search
engine with OpenAI's ChatGPT could intensify competition with Google [7].
Future Prospects and Valuation
- Growth
in Dynamics Services: The Dynamics Services Market is expected to
grow significantly, with a projected compound annual growth rate (CAGR) of
15.54% from 2023 to 2031. The market size, valued at USD 5429.42 million
in 2021, is anticipated to reach USD 12918.07 million by 2027 [8].
- Market
Capitalization: As of April 2023, Microsoft's market cap reached
an impressive $2.254 trillion. This positions Microsoft as one of the top
global companies by market cap, with a projection to hit $3.1 trillion in
2024 [6][10].
These figures not only highlight Microsoft's pivotal role in
shaping technological advancements but also its strategic maneuvers to maintain
and expand its market dominance.
Apple
Apple's Market Dynamics and Financial Health
- Market
Capitalization Trends: Apple's journey in market capitalization has
been marked by significant fluctuations and remarkable growth. Starting
from a modest $7.88 billion in 2004, the company reached a peak of $2.994
trillion in 2023, showcasing a staggering increase over two decades [11]. Despite a slight decrease to $2.667
trillion in 2024, Apple remains one of the top companies globally by
market cap [10][11].
- Revenue
and Profitability: In fiscal 2023, Apple reported a revenue of $383.29
billion. Although this was a slight decrease from the previous year, it
underscores the company's substantial scale and business volume. The gross
margin for the first quarter of 2023 stood at 43.5%, indicating healthy
profitability amidst global economic fluctuations [12][15].
Stock Performance and Investor Confidence
- Share
Price Insights: The share price of Apple as of mid-April 2024 was
$169.32, with a minor increase in after-hours trading to $169.75 [13]. Over the past year, Apple's stock
has seen a modest increase of 2.51% [11], with a significant surge of 58% in
2023, highlighting strong investor confidence and market approval [16].
- Investment
Outlook: Despite challenges like slowing growth and market issues in
China, Apple is viewed favorably by investors due to its robust cash flow,
popular product lineup, and effective shareholder return programs. Less
than 70% of firms tracked recommend buying the stock, reflecting a
cautious but optimistic investment stance [12][15].
Future Prospects and Innovations
- Upcoming
Products and Market Potential: Apple is gearing up to launch the
Vision Pro, a virtual reality headset, in 2024. This marks its first major
new computing platform since the Apple Watch in 2014, potentially opening
new revenue streams [12]. Additionally, the iPhone 15 is
projected to drive strong demand, with estimated sales of 220-230 million
units for the fiscal year, supported by a significant portion of Apple's
user base due for upgrades [16].
- Strategic
Market Movements: Apple's services segment is experiencing robust
double-digit growth and is projected to be worth up to $1.6 trillion
alone. This segment, combined with the anticipated success of the iPhone
15, presents a 'golden opportunity' for investors looking for substantial
growth in the coming year [16].
Amazon
Amazon continues to assert its dominance in the global
market, solidifying its position as one of the top companies worldwide with a
market capitalization of $1.81 trillion in 2024 [10].
Here's a closer look at the diverse revenue streams and strategic expansions
that underscore its market influence:
Revenue Streams and Market Influence
- E-commerce
Leadership: Amazon remains the world’s largest online retailer, offering
a vast array of products including books, clothing, electronics, and
music. In 2023, the company achieved a net revenue of approximately $576
billion, marking an increase from $514 billion in 2022 [17].
- Diverse
Revenue Sources: The bulk of Amazon's revenue comes from online retail
product sales, complemented by third-party retail seller services, cloud
computing services, and subscription services like Amazon Prime. Notably,
online retail product sales were the largest revenue segment in 2022,
generating about $220 billion globally [17][20].
- Geographical
Revenue Distribution: A significant portion of Amazon’s earnings
originate from North America, with revenues reaching approximately $316
billion in 2022. International revenues were comparatively lower at about
$118 billion, highlighting the regional strength of Amazon in the North
American market [18].
Strategic Expansion and Innovation
- Hardware
and AI Innovations: Amazon has successfully expanded beyond e-commerce
with hardware innovations such as the Kindle e-reader and the Alexa
voice-controlled assistant. These products have not only diversified
Amazon's business but also strengthened its presence in the consumer
electronics market [17].
- Global
Expansion Plans: Looking forward, Amazon is set to enter the South
African market in early 2024, a move that involves recruiting local
sellers to broaden its global footprint and market reach [23].
Seller Dynamics and Advertising Growth
- Seller
Profitability and Growth: A remarkable 89% of Amazon sellers reported
profitability, with 37% noting an increase in profits throughout 2022.
This is indicative of the robust platform Amazon offers to third-party
sellers despite rising operational costs [21].
- Advertising
Revenue Surge: Amazon's advertising sector witnessed a 27%
year-over-year growth, reaching $14.7 billion in revenue. This growth is
propelled by the increasing popularity of social media advertising among
sellers, with 41% now utilizing platforms like Facebook and Instagram to
reach customers [22][21].
Amazon's continued growth and innovation across multiple
sectors not only reinforce its position as a leading global giant but also
exemplify its strategic agility in adapting to changing market dynamics and
consumer needs.
Google (Alphabet): Pioneering Innovation and Economic Impact
Economic Contributions and AI Advancements
- Economic
Impact: Google's services have significantly bolstered the U.S.
economy, supporting $739 billion in economic activity for a diverse group
of stakeholders including businesses, nonprofits, and developers [24].
- AI
Tools for Business: Google's AI innovations, such as the Gemini
tool, are revolutionizing the advertising and business sectors by enabling
companies to build effective ad campaigns, reach new customers quickly,
and generate valuable business insights within minutes [24].
- AI
and Productivity: A substantial 82% of small business leaders
utilizing AI technologies believe these tools will enhance their business
productivity over the next two years, indicating a strong trust in AI's
capabilities to transform operational efficiencies [24].
Training Programs and Workforce Development
- Digital
Skills Training: The 'Grow with Google' initiative has
successfully trained over 11 million individuals across the U.S. in
various digital skills, preparing the workforce for the demands of the
modern technology landscape [24].
- Career
Certificates: Google's Career Certificate program has seen over
250,000 graduates in the U.S., with courses focused on critical fields
such as Cybersecurity, Data Analytics, and IT Support, further
contributing to job readiness in high-demand tech sectors [24].
Financial Performance and Market Influence
- Revenue
Growth: Google Cloud has shown a robust growth, reporting a
revenue of $8.41 billion, which marks a 22% increase from the previous
year, underscoring its expanding influence in the cloud computing
domain [26].
- Stock
Performance: Alphabet's stock experienced a significant rebound
with a 58% surge in 2023, recovering from a 39% decline the previous year,
reflecting strong market confidence and investor interest [25].
- AI
Integration Across Services: Alphabet has seamlessly integrated
AI technology across various products and platforms, including Gmail,
Google Docs, and Google Cloud, enhancing functionality and user
experience [25].
Strategic Focus and Future Outlook
- Generative
AI: The introduction of Gemini AI in Google Cloud showcases a
leap in computational power, being five times more powerful than GPT-4,
setting a new standard in generative AI capabilities [25].
- Market
Cap and Valuation: Alphabet continues to be a formidable force in
the global market with a market capitalization of $1.84 trillion in 2024,
ranking it among the top 10 biggest companies worldwide by market
cap [10].
- Balance
Sheet Strength: Alphabet maintains a strong financial position
with $111 billion in cash and equivalents and a minimal debt load of $13
billion, illustrating robust fiscal health and stability [30].
Google's strategic initiatives and innovations not only
reinforce its position as a technological leader but also demonstrate its
significant impact on global economic activities and workforce development.
Facebook (Meta Platforms): A Comprehensive Overview
Financial Performance and User Engagement
- Market
Capitalization: As of 2024, Meta Platforms ranks seventh among the top
10 biggest companies worldwide by market cap, valued at $1.26
trillion [10].
- Revenue
Growth: The company reported a Q4 2023 revenue of $40,111 million,
marking a 25% year-over-year (YoY) increase, with the full-year revenue
reaching $134,902 million, a 16% YoY growth [31].
- Net
Income Surge: Meta Platforms experienced a significant rise in net
income, with Q4 2023 figures at $14,017 million (201% YoY growth) and
full-year net income at $39,098 million (69% YoY growth) [31].
- User
Base: Daily active people (DAP) across Meta's family of apps reached
3.19 billion in Q4 2023, an 8% increase YoY, while monthly active people
(MAP) stood at 3.98 billion, a 6% YoY growth [31].
Operational Insights and Strategic Initiatives
- Advertising
Dynamics: In Q4 2023, ad impressions increased by 21% YoY, and the
average price per ad rose by 2%. Throughout 2023, ad impressions grew by
28% YoY, although the average price per ad decreased by 9% [31].
- Cost
Management: Meta Platforms reduced its Q4 2023 costs and expenses by
8% YoY to $23,727 million, demonstrating effective cost control
measures [31].
- Investment
in Innovation: The company is enhancing efficiency through investments
in AI tools that assist engineers in faster code development [33].
- Workforce
and Operational Adjustments: As of the end of 2023, Meta Platforms streamlined
its operations, reducing its workforce by 22% YoY to 67,317 employees,
reflecting a strategic shift towards more lean and focused project
management [31].
Future Outlook and Market Strategies
- Financial
Projections: For Q1 2024, Meta Platforms anticipates revenue between
$34.5 and $37 billion. The company expects full-year 2024 expenses to be
between $94 and $99 billion, with capital expenditures projected at $30 to
$37 billion [31].
- Strategic
Focus: Meta Platforms continues to prioritize cost leadership and
market expansion, aiming to broaden its user base and enhance digital
advertising revenues. The company's strategic adjustments include focusing
on high-impact projects and optimizing operational efficiency [35].
- Engagement
and Commerce: Meta Platforms remains a leading platform for social
commerce, with significant user interaction with businesses. Over a
billion people connect with businesses weekly through Meta's platforms,
highlighting its pivotal role in digital commerce and advertising [34].
Meta Platforms' robust financial performance, strategic cost
management, and continued focus on innovation and market expansion underscore
its status as a global leader in social media and digital advertising.
Tencent: A Titan in Technology and Media
Corporate Profile and Financial Health
- Global
Standing: Tencent is prominently positioned at number 147 in the
Global 500 Ranking for 2023, demonstrating its substantial impact on the
tech industry [37].
- Financial
Performance: The company reported robust revenues of $82,440 million
and profits of $27,984 million in 2023, reflecting a strong profit margin
of 33.9% relative to its revenues [37].
- Market
Valuation: With a market value of $370,216 million in 2023, Tencent's
financial metrics underscore its significant presence in the global
market [37].
Operational Insights
- Employee
Strength: Tencent employs 108,436 individuals, supporting its
extensive operations and innovative projects across various sectors [37].
- Brand
Value: Despite a slight decrease from 2022, Tencent's brand was valued
at 36 billion U.S. dollars in 2023, ranking it as the seventh most
valuable media brand worldwide [38].
- Key
Financial Ratios: The company's financial efficiency is highlighted by
its profits as a percentage of assets at 12.2% and stockholder equity at
26.8% [37].
Strategic Initiatives and Market Influence
- Diverse
Offerings: Tencent operates popular platforms like Tencent QQ and
WeChat, and owns significant stakes in the music streaming sector through
Tencent Music [40].
- Gaming
Dominance: As the world's largest video game vendor, Tencent has made
substantial investments in the gaming industry, bolstering its portfolio
and market reach [40].
- Controversies
and Challenges: The company has navigated issues related to
allegations of copying, security concerns, and censorship, which are
common challenges in the tech industry [40].
Tencent's strategic positioning and operational achievements
not only highlight its role as a leader in internet services and retailing but
also reflect its adaptability and influence in the dynamic global tech
landscape.
Berkshire Hathaway's: Investment Strategy and Portfolio Composition
Investment Portfolio Overview:
- As
of the end of 2023, Berkshire Hathaway's investment portfolio is
substantial, comprising 41 companies with a total value of about $370
billion [10].
- The
portfolio is heavily weighted towards technology, energy, consumer
staples, and financial sectors, aligning closely with the S&P 500 in
these areas [10].
Key Holdings and Sector Allocation:
- The
technology sector stands out significantly, with Information Technology
constituting about 51% of the portfolio. This is highlighted by Berkshire
Hathaway's major stake in Apple, which is part of the top five holdings
that account for over 80% of the total portfolio [10].
- Other
top investments include Bank of America, American Express, Coca-Cola, and
Chevron, underscoring a diverse range of sectors from financials to
consumer goods and energy [10].
Stock Transactions and Strategic Shifts:
- During
the fourth quarter of 2023, Berkshire Hathaway adjusted its holdings by
reducing its stake in Apple and increasing investments in Chevron and
Occidental Petroleum. This strategic shift emphasizes a stronger focus on
the energy sector, where Berkshire now controls 27.8% of Occidental
Petroleum's outstanding shares [10].
- In
a significant move, the company also divested its entire stakes in D.R.
Horton, Markel Group, StoneCo, and Globe Life, indicating a realignment of
its investment priorities [10].
Financial Health and Market Position:
- Berkshire
Hathaway's investment approach is characterized by a preference for stocks
with a lower price-to-earnings valuation compared to the S&P 500, yet
with higher profitability and lower debt levels [10].
- Despite
a projected long-term earnings-per-share growth rate that is lower than
the S&P 500, Berkshire maintains a strong market position, ranking
eighth among the top 10 biggest companies globally by market cap in 2024,
valued at $883.7 billion [10].
These strategic investments and financial maneuvers not only
reflect Berkshire Hathaway's robust market acumen but also its adaptability in
navigating the dynamic economic landscape.
Visa Inc.: Fiscal Performance and Future Projections
Fiscal Year 2023 Overview:
- Net
Revenues and Income: Visa Inc. reported a total net revenue of
$32,653 million for the fiscal year 2023, with a net income amounting to
$17,273 million, demonstrating a robust financial performance [42].
- Earnings
Per Share: The diluted class A common stock earnings per share
reached $8.28, reflecting strong profitability and shareholder value [42].
- Operating
Expenses: The operating expenses for the year were recorded at
$11,653 million, indicating managed spending relative to revenue
generation [42].
Quarterly Growth and Dividend Increase:
- Fourth
Quarter Revenue: In Q4 2023, Visa saw its net revenues rise to
$8,601 million, marking an 11% increase compared to previous
quarters [43].
- Dividend
Growth: The company's board of directors approved a 16% increase
in the quarterly cash dividend, setting it at $0.520 per share, which
signals confidence in the company's ongoing financial health and
commitment to returning value to shareholders [43].
- Volume
Growth: In the last quarter of 2023, there was steady growth in both the volume of payments and the number of transactions processed. Particularly impressive was the strong growth in cross-border transactions during this period [43].
Projections for Q1 2024:
- Revenue
and Earnings Forecast: Visa is projected to see its earnings
climb to $4.7 billion, or $2.31 per share, with revenue expected to
increase by 8% to $8.5 billion [44].
- Segment Growth Expectations:
- Data
Processing Revenue: Anticipated to grow by 12% [44].
- Service
Revenue: Expected to rise by 11% [44].
- International
Transaction Revenue: Forecasted to increase by 9% [44].
- Volume
and Transaction Projections:
- Payment
Volume: Predicted to grow by 10% to $3.3 trillion [44].
- Transactions: Estimated
to reach 57.6 billion, an increase of 5.1 billion from the previous
year [44].
Visa's continued financial success and strategic forecasts
indicate a strong position in the global payments industry, underpinned by
steady growth in key financial metrics and a proactive approach to expanding
its market presence.
Johnson & Johnson: A Detailed Financial and Operational Analysis
2023 Financial Performance
- Total
Revenue: Johnson & Johnson reported a robust total revenue of
$85.2 billion in 2023, marking a consistent financial trajectory [46].
- Net
Earnings: The net earnings stood impressively at $35.1 billion,
reflecting strong profitability [46].
- Research
and Development Investment: The company dedicated 17.7% of its
sales to research and development, emphasizing its commitment to
innovation [46].
Segment Performance
- Medtech
Segment: This segment alone generated $30.4 billion in revenue,
showcasing significant growth and contribution to the overall financial
health of the company [46].
- Vision
Care and Oral Care Franchises: Vision care sales reached $5.07
billion, while oral care franchise sales were reported at $1.51 billion in
the previous year, indicating strong market performance in specialized
health sectors [46].
Geographical Revenue Insights
- U.S.
Sales: Sales in the United States were the powerhouse of revenue,
accumulating over $46 billion [47].
- European
Market: Europe followed as a strong contributor with sales
amounting to approximately $20.4 billion [47].
Quarterly Growth Analysis
- Q4
2023 Revenue and Growth: The fourth quarter showed a revenue of
$21.4 billion with a 7.3% increase from the previous year. Operational
growth was noted at 7.2%, with an adjusted operational growth of
5.7% [48].
- Earnings
Per Share (EPS): Q4 2023 saw an EPS of $1.70, a significant 39.3%
increase compared to Q4 2022. The adjusted EPS was even higher at $2.29,
marking an 11.7% increase [48].
2024 Projections
- Revenue
Forecast: Johnson & Johnson has set an ambitious revenue
target ranging from $87.8 billion to $88.6 billion for the full year [49].
- EPS
Outlook: The forecasted adjusted EPS is expected to lie between
$10.55 and $10.75, indicating optimism in continued financial growth [49].
Innovations and Market Dynamics
- Pharmaceutical
and Medtech Surge: The pharmaceutical sales increased by 4.2%
reaching $13.72 billion, while medical devices sales surged by 13.3% to
$7.67 billion, driven by robust market demand and innovation [49].
- Future
Sales Growth: Johnson & Johnson anticipates a
"relatively consistent" operational sales growth in the medical
devices business throughout 2024, ensuring a steady market presence [49].
These financial metrics and projections not only highlight
Johnson & Johnson's solid market stance but also its strategic focus on growth
and innovation across its diverse health segments.
Walmart
Walmart, recognized as the largest company by revenue
globally, surpasses even tech giants like Apple in this metric [4].
As a pivotal player in the international market, Walmart's operations extend
across 19 countries, showcasing its expansive reach and influence [4].
International Operations and Strategy:
- Geographical
Presence: Walmart International operates in 19 countries,
tailoring its strategies to be locally relevant and customer-focused in
each market [4].
- Net
Sales: For fiscal 2023, Walmart International reported net sales
of $101.0 billion, accounting for 17% of Walmart's consolidated net sales,
indicating its critical role in the company's overall financial
structure [4].
- Business
Formats: The segment's operations are categorized into retail and
wholesale, providing a diverse range of services and products [4].
Omni-channel Integration and Strategic Divestitures:
- Omni-channel
Experience: Walmart International merges traditional retail stores
with eCommerce, enhancing customer accessibility through over 2,900 pickup
and approximately 2,500 delivery locations as of January 31, 2023 [4].
- Recent
Divestitures: Strategic actions include the divestiture of
operations such as Walmart Argentina, Asda in the UK, Seiyu in Japan, and
certain markets in Africa, reflecting a focus on optimizing its global
footprint [4].
Ownership Enhancements and Digital Expansion:
- Increased
Ownership in Digital Platforms: Walmart has upped its stake in
PhonePe, a leading digital transaction platform in India, signifying a
push towards enhancing its digital transaction capabilities [4].
- Strategic
Focus: The overarching strategy for Walmart International
involves making everyday activities easier for families, increasing
digital integration, and leveraging trust as a competitive advantage [4].
These strategic elements not only underline Walmart's robust
international presence but also highlight its adaptability and forward-thinking
approach in the dynamic global retail market.
Conclusion
Throughout this exploration, we've delved into the
operations, financial health, and strategic maneuvers of the world's leading
companies, spanning varied sectors from technology to retail and healthcare.
These giants, including Microsoft, Apple, Amazon, Google (Alphabet), Facebook
(Meta Platforms), Tencent, Berkshire Hathaway, Visa, Johnson & Johnson, and
Walmart, have not only emerged as behemoths in their respective fields but have
also set the pace for innovation, market expansion, and sustainability in the
global business landscape. Their achievements underscore the dynamic
intersections of technology, consumer demand, and strategic foresight,
illuminating pathways to resilience and growth in a competitive environment.
The significance of their contributions extends beyond mere
financial metrics, influencing the future direction of global commerce,
technology, healthcare, and consumer experiences. As these companies continue
to navigate challenges and seize opportunities, their actions will likely shape
economic trends, technological advancements, and market dynamics, resonating
with businesses and consumers alike. This examination offers a comprehensive
snapshot of their current standing, while also projecting a gaze towards the
future implications of their endeavors. Ultimately, the narrative woven by
these global giants serves as a testament to the transformative power of
innovation and strategic vision in the ever-evolving tapestry of global
commerce.
FAQs
1. Which company holds the title of the largest in the world?
Apple Inc. is currently the largest company globally when measured by market capitalization.2. Can you name the top three most influential companies worldwide?
The three most powerful companies globally, based on market capitalization, are Microsoft, Apple, and Saudi Aramco, each with a market cap exceeding $2 trillion.3. Who are the leaders in global market share among companies?
Microsoft, Apple, and Saudi Aramco are the leading companies worldwide by market share, with each having a market capitalization of over $2 trillion.4. What are the biggest international businesses by market capitalization?
The largest companies globally by market cap are:- Apple:
$2.95 trillion
- Microsoft:
$2.52 trillion
- Saudi
Aramco: $2.09 trillion
- Alphabet:
$1.59 trillion
- Amazon:
$1.33 trillion
- NVIDIA:
$1.06 trillion
- Tesla:
$813.2 billion
- Meta
Platforms: $739.9 billion
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[35] - https://panmore.com/facebook-inc-generic-strategy-intensive-growth-strategies
[36] - https://www.facebook.com/business/news/reinventing-business-models
[37] - https://fortune.com/company/tencent-holdings/
[38] - https://www.statista.com/statistics/1324426/tencent-brand-value/
[39] - https://companiesmarketcap.com/tencent/marketcap/
[40] - https://en.wikipedia.org/wiki/Tencent
[41] - https://investor.visa.com/news/news-details/2023/Visa-Inc.-Fiscal-Fourth-Quarter-and-Full-Year-2023-Financial-Results/default.aspx
[42] - https://annualreport.visa.com/financials/default.aspx
[43] - https://finance.yahoo.com/news/visa-inc-v-reports-strong-213634070.html
[44] - https://www.investopedia.com/visa-s-quarterly-results-likely-will-reflect-broad-based-growth-8547630
[45] - https://csimarket.com/stocks/competitionSEG2.php?code=JNJ
[46] - https://www.statista.com/topics/1517/johnson-and-johnson/
[47] - https://www.statista.com/statistics/266429/revenue-of-johnson-und-johnson-since-2006-by-world-region/
[48] - https://www.investor.jnj.com/news/news-details/2024/Johnson--Johnson-Reports-Q4-and-Full-Year-2023-Results/default.aspx
[49] - https://www.cnbc.com/2024/01/23/johnson-johnson-jnj-earnings-q4-2023.html
[50] - https://www.pharmaceutical-technology.com/news/johnson-q2-2023-sales/
[51] - https://www.forbes.com/sites/bernardmarr/2022/10/03/the-5-biggest-business-trends-for-2023/
[52] - https://www.uschamber.com/international/top-6-global-business-trends-to-watch-in-2023
[53] - https://explodingtopics.com/blog/business-trend