{"id":184817,"date":"2017-07-12T13:26:56","date_gmt":"2017-07-12T11:26:56","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=184817"},"modified":"2017-07-12T13:28:53","modified_gmt":"2017-07-12T11:28:53","slug":"here-are-the-20-largest-companies-in-the-world-by-market-cap","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/184817\/here-are-the-20-largest-companies-in-the-world-by-market-cap\/","title":{"rendered":"Here are the 20 largest companies in the world by market cap"},"content":{"rendered":"

Apple is still the world\u2019s most valuable company, pulling ahead of Alphabet – ex-Google – in 2017, having temporarily been dethroned in early 2016.<\/p>\n

This is according to PwC’s Global Top 100 companies ranking for 2017 which noted that the US is the largest contributor to the list with 55 companies which contribute 63% of the overall market capitalisation.<\/span><\/p>\n

All companies in the Top 10 are US companies powered by Facebook, Bank of America and JPMorgan Chase.
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The market capitalisation of the 100 largest companies increased by $1,861 billion or 12% compared to March 2016, according to PwC\u2019. This increase more than reversed the dip in 2016 and is the highest value on record.<\/p>\n

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Apple retains pole position for the sixth year in a row, and this year again clearly pulled ahead of the second ranked Alphabet, managing to double the valuation gap to $175 billion from $86 billion in 2016.<\/p>\n

“It is particularly remarkable as Apple also returned more cash to shareholders, with another $29 billion handed back to investors in dividends and share repurchases in calendar year 2016 – $42bn was distributed in calendar 2015). Alphabet only returned $4 billion in 2016,” the report said.<\/p>\n

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Technology continued to be just ahead of the financial sector for a second year, underlining the lasting attractiveness of tech companies, PwC said.<\/p>\n

The global top three remain technology companies: Apple, Alphabet, Microsoft, closely followed by Facebook in sixth position.<\/p>\n

“These giants have an unequalled global reach and have changed our lives and the way we communicate and interact,” PwC said.<\/p>\n

\"\"<\/a><\/p>\n

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Read: How South Africa\u2019s biggest companies have performed in 2017 so far<\/a><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Apple is still the world\u2019s most valuable company, pulling ahead of Alphabet – ex-Google – in 2017, having temporarily been dethroned in early 2016.<\/p>\n","protected":false},"author":10,"featured_media":65538,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26,2407],"class_list":["post-184817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline","tag-pwc"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=184817"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184817\/revisions"}],"predecessor-version":[{"id":184831,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/184817\/revisions\/184831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/65538"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=184817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=184817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=184817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}