Welcome to my “ Us companies by market cap”.
Us companies by market cap Google has ranked # 1 in the global market cap. The share price of the alphabet (Google's holding company) recorded $ 538 billion (about 640 trillion won) on the A-type common stock on the first day (local time), a little more than Apple, which recorded $ 536.66 billion (about 645.5 trillion won) I ended up in a sagging state. However, as the alphabetical stocks rose 5.7% one hour after the end of the week, Google took the top spot in market capitalization, outpacing Apple. At last, Google will outnumber rival Apple and Microsoft.
The market cap does not represent the actual value of the firm. It's more like a measure of how the market is seeing the company. Shareholders are evaluating the value of a corporation, taking into account the industry sector in which the company is engaged and the proportion of the company in that sector. Therefore, you can see the current best industry area and the trend of the industry.
Since the 1980s, the era of IT (computer) has opened wide. Many areas such as finance, energy, and health have challenged IT, but the position of IT is firm. So far, many IT (computer) companies have taken the top spot in market capitalization, have been liquidated, and had to yield. Let's look back at the flow of IT through the history of market capitalization.
IBM and mainframe era
In 1980, IBM, the world's first IT company, topped the market cap. The second place was HP's eldest HP, followed by IBM. The 1980s was the age of IBM. The secret is computers and mainframes (high-performance integrated computers). Computers and mainframes have made a big difference in business activities around the world. I began to write documents that I had created by hand using computers, and the work of companies that needed high performance started to be handled by mainframes. All industries are computerized. Not only IBM, but HP also made a variety of computers and led change.
IBM develops IBM-compatible PCs that are the mother of today's PCs, laying the groundwork for computers and even the IT industry. Another big IT company emerged under IBM's embarrassment. It was MS that was developing the operating system for Intel-compatible and IBM compatible PC which developed IBM compatible PC processor. Apple worked hard with Motorola and solidified its position as the maker of Macintosh computers against IBM-compatible PCs.
Taking the success of the mainframe, IBM made a fatal mistake. Computers are just for the enterprise, and the dominance of personal computers is not going to open. Of course, it was a reasonable decision at the time. Computers were expensive and needed more than a decade to decline in price to allow individuals to buy.
By the mid-1980s, IBM was the No. 2 market leader, handing over the top spot to NTT (Japan Telegraph and Telephone Corporation). NTT is Japan's cable telecom infrastructure provider. Compared to the situation in Korea, SK Telecom and KT are a united company. How did NTT drive IBM out of its market cap? The answer is bubble economy. The Japanese bubble economy that hit the 1980s made the value of Japanese companies including NTT extremely overvalued. IBM, GE, Exxon, and Royal Dutch Shell could only stand side by side with Japanese companies.
In 1989, when the bubble burst, IBM took the top spot again. But there was a new king in the market.
Windows era opens
Until the early 1990s, IBM had topped the market cap. Below is a list of Japanese electronics companies, but the high performance from the corporate market has boosted IBM's value. But as the PC became popular with users, everything changed. The mainframe has turned into a ridiculous device that can be found in corporate computing rooms, and the company's activities have been reorganized into PC-centric. In the end, IBM is giving GE the top spot in the market.
In 1995, historical software (SW) appeared before us. Windows 95 is the number one player who instilled a PC in the lives of users. With successive successes of Windows 95 and 98, Microsoft took the top spot in market capitalization over GE in 1998. At that time, Microsoft was the world's best company that could not be denied. Windows was rapidly deployed to businesses and homes around the world, and Microsoft's founder, Bill Gates, is the world's richest man. A year later, Microsoft will have a historic figure of $ 618.9 billion in market capitalization. The current value translates into an enormous amount of $ 879 billion (about 1,061 trillion won). This record has not yet broken any companies.
Intel also ranks second in market capitalization after Microsoft. It was really the 'Wintel' era.
Cisco and Surprise Bubble
Surprisingly, in 2000, Microsoft gave Cisco a top spot in market capitalization. Intel was also pushed to fourth place by Nokia. Cisco is a company that creates communications infrastructure and network facilities. As the Internet was born and dot com (.com) hot air was blowing, demand for communication infrastructure and network facilities surged. The value of Cisco, the number one company in the network industry, has also surged. Nokia also ranks first in mobile phone sales worldwide, pushing Intel away. This suggests that the flow of IT is gradually changing from computer to Internet and mobile.
But Cisco has not done much. As the dot-com craze crumbled like bubbles, many internet companies went bankrupt, and the demand for communication infrastructure and networks decreased. Eventually, Cisco's era ends in one year.
With Windows and Office, there was nothing to fear.
The 2000s was still the era of Microsoft. Windows dominated the IT market with an outstanding office document tool called Microsoft Office. For 10 years, it has ranked number one in market capitalization.
But there was also anxiety about Microsoft. It has not dominated the growing Internet market. The Internet industry was the domain of Google, which survived in the dot-com bubble. I can not collapse like the IBM by ignoring the newly growing market. Microsoft threatened Google's position by launching a variety of Internet services, including MSN and Bing. But I could not take Google's domain.
The fallen king
The corruption actually happened elsewhere. The PC market, which seemed to be eternal, has become, and the era of smartphones has opened. The starting point was Apple, a longtime rival that Microsoft had forgotten. Apple's iPhone was incomparably more convenient than the inconvenient PDA. Microsoft also predicted that the era of smartphones will take place. But the approach was wrong. There are so many things that Microsoft cannot get rid of the old one, eventually falling into the hands of Apple and iPhone.
In 2011, Apple took the top spot in the market with overtaking Microsoft.
Smart era, Apple era
The success of the iPhone and iPad led Apple to take over the smartphone market. With its convenience and sophistication, Apple has emerged as the number one player in the mass market of smartphones and tablet PCs. The iPhone and iPad also took control of the Chinese market, which was considered impregnable.
Apple, however, has not been as influential as IBM or MS in its heyday. The company ranked first in market capitalization based on operating profit, which is larger than market power. If the press and analysts meet, it is also the reason for the Apple crisis. Google and Android are bigger to market power. Microsoft has also recovered its market cap on the back of PC and corporate market forces.
The Secret of Market Capitalization
In the end, Apple will give Google the top spot in the market in four years. The key to Google 's growth lies in its platform grip. Android smartphone, iPhone, PC and other platforms, regardless of whether the same service has secured users. The expansion of its own platform Android also did not neglect. The company has expanded its Android market by involving manufacturers and mobile operators who have felt a sense of crisis in Apple and the iPhone. Launched the Chrome Web browser, drove Internet Explorer, and took control of the PC Internet market. Most PC and smartphone users are using at least one Google platform or service. Investment in the future is not neglected. It is recognized as a key competitor in various future industries such as machine learning, autonomous vehicles, artificial intelligence, and robots.
Of course, Google is also troubled. The area of making money is too narrow. Google, like Apple, Microsoft and other competitors, has a diverse portfolio. If the Internet advertising industry shakes, the company can shake the same.
There is no permanent place. Now, Google is in the top position in market capitalization, but other companies may soon take over. But for at least a while it is clear that the company is an IT-related company. That's evidence that sixteen IT companies are in the top 10 of the market cap. Google, Apple, Microsoft, Amazon, Facebook, GE (GE recently launched a variety of big data/simulation SW, emphasizing that it is not an IT company but heavy industry). These six are higher than the next-generation market cap.
Since the 1980s, the era of IT (computer) has opened wide. Many areas such as finance, energy, and health have challenged IT, but the position of IT is firm. So far, many IT (computer) companies have taken the top spot in market capitalization, have been liquidated, and had to yield. Let's look back at the flow of IT through the history of market capitalization.
IBM and mainframe era
In 1980, IBM, the world's first IT company, topped the market cap. The second place was HP's eldest HP, followed by IBM. The 1980s was the age of IBM. The secret is computers and mainframes (high-performance integrated computers). Computers and mainframes have made a big difference in business activities around the world. I began to write documents that I had created by hand using computers, and the work of companies that needed high performance started to be handled by mainframes. All industries are computerized. Not only IBM, but HP also made a variety of computers and led change.
IBM develops IBM-compatible PCs that are the mother of today's PCs, laying the groundwork for computers and even the IT industry. Another big IT company emerged under IBM's embarrassment. It was MS that was developing the operating system for Intel-compatible and IBM compatible PC which developed IBM compatible PC processor. Apple worked hard with Motorola and solidified its position as the maker of Macintosh computers against IBM-compatible PCs.
Taking the success of the mainframe, IBM made a fatal mistake. Computers are just for the enterprise, and the dominance of personal computers is not going to open. Of course, it was a reasonable decision at the time. Computers were expensive and needed more than a decade to decline in price to allow individuals to buy.
By the mid-1980s, IBM was the No. 2 market leader, handing over the top spot to NTT (Japan Telegraph and Telephone Corporation). NTT is Japan's cable telecom infrastructure provider. Compared to the situation in Korea, SK Telecom and KT are a united company. How did NTT drive IBM out of its market cap? The answer is bubble economy. The Japanese bubble economy that hit the 1980s made the value of Japanese companies including NTT extremely overvalued. IBM, GE, Exxon, and Royal Dutch Shell could only stand side by side with Japanese companies.
In 1989, when the bubble burst, IBM took the top spot again. But there was a new king in the market.
Windows era opens
Until the early 1990s, IBM had topped the market cap. Below is a list of Japanese electronics companies, but the high performance from the corporate market has boosted IBM's value. But as the PC became popular with users, everything changed. The mainframe has turned into a ridiculous device that can be found in corporate computing rooms, and the company's activities have been reorganized into PC-centric. In the end, IBM is giving GE the top spot in the market.
In 1995, historical software (SW) appeared before us. Windows 95 is the number one player who instilled a PC in the lives of users. With successive successes of Windows 95 and 98, Microsoft took the top spot in market capitalization over GE in 1998. At that time, Microsoft was the world's best company that could not be denied. Windows was rapidly deployed to businesses and homes around the world, and Microsoft's founder, Bill Gates, is the world's richest man. A year later, Microsoft will have a historic figure of $ 618.9 billion in market capitalization. The current value translates into an enormous amount of $ 879 billion (about 1,061 trillion won). This record has not yet broken any companies.
Intel also ranks second in market capitalization after Microsoft. It was really the 'Wintel' era.
Cisco and Surprise Bubble
Surprisingly, in 2000, Microsoft gave Cisco a top spot in market capitalization. Intel was also pushed to fourth place by Nokia. Cisco is a company that creates communications infrastructure and network facilities. As the Internet was born and dot com (.com) hot air was blowing, demand for communication infrastructure and network facilities surged. The value of Cisco, the number one company in the network industry, has also surged. Nokia also ranks first in mobile phone sales worldwide, pushing Intel away. This suggests that the flow of IT is gradually changing from computer to Internet and mobile.
But Cisco has not done much. As the dot-com craze crumbled like bubbles, many internet companies went bankrupt, and the demand for communication infrastructure and networks decreased. Eventually, Cisco's era ends in one year.
With Windows and Office, there was nothing to fear.
The 2000s was still the era of Microsoft. Windows dominated the IT market with an outstanding office document tool called Microsoft Office. For 10 years, it has ranked number one in market capitalization.
But there was also anxiety about Microsoft. It has not dominated the growing Internet market. The Internet industry was the domain of Google, which survived in the dot-com bubble. I can not collapse like the IBM by ignoring the newly growing market. Microsoft threatened Google's position by launching a variety of Internet services, including MSN and Bing. But I could not take Google's domain.
The fallen king
The corruption actually happened elsewhere. The PC market, which seemed to be eternal, has become, and the era of smartphones has opened. The starting point was Apple, a longtime rival that Microsoft had forgotten. Apple's iPhone was incomparably more convenient than the inconvenient PDA. Microsoft also predicted that the era of smartphones will take place. But the approach was wrong. There are so many things that Microsoft cannot get rid of the old one, eventually falling into the hands of Apple and iPhone.
In 2011, Apple took the top spot in the market with overtaking Microsoft.
Smart era, Apple era
The success of the iPhone and iPad led Apple to take over the smartphone market. With its convenience and sophistication, Apple has emerged as the number one player in the mass market of smartphones and tablet PCs. The iPhone and iPad also took control of the Chinese market, which was considered impregnable.
Apple, however, has not been as influential as IBM or MS in its heyday. The company ranked first in market capitalization based on operating profit, which is larger than market power. If the press and analysts meet, it is also the reason for the Apple crisis. Google and Android are bigger to market power. Microsoft has also recovered its market cap on the back of PC and corporate market forces.
The Secret of Market Capitalization
In the end, Apple will give Google the top spot in the market in four years. The key to Google 's growth lies in its platform grip. Android smartphone, iPhone, PC and other platforms, regardless of whether the same service has secured users. The expansion of its own platform Android also did not neglect. The company has expanded its Android market by involving manufacturers and mobile operators who have felt a sense of crisis in Apple and the iPhone. Launched the Chrome Web browser, drove Internet Explorer, and took control of the PC Internet market. Most PC and smartphone users are using at least one Google platform or service. Investment in the future is not neglected. It is recognized as a key competitor in various future industries such as machine learning, autonomous vehicles, artificial intelligence, and robots.
Of course, Google is also troubled. The area of making money is too narrow. Google, like Apple, Microsoft and other competitors, has a diverse portfolio. If the Internet advertising industry shakes, the company can shake the same.
There is no permanent place. Now, Google is in the top position in market capitalization, but other companies may soon take over. But for at least a while it is clear that the company is an IT-related company. That's evidence that sixteen IT companies are in the top 10 of the market cap. Google, Apple, Microsoft, Amazon, Facebook, GE (GE recently launched a variety of big data/simulation SW, emphasizing that it is not an IT company but heavy industry). These six are higher than the next-generation market cap.
No comments:
Post a Comment