Top Tech Companies and Their Net Worth

There’s no doubt that tech companies are on the top of their business game, especially with everyone’s dependence on gadgets and social media accounts for their day to day activities. In the Fortune 500 list, it’s no longer a surprise for Apple to emerge as no. 1. Social media giant, Facebook, is rising to the top, too, as Samsung follows Apple from a considerable distance.

Apple

Apple took the top spot with a net worth of $752 billion. The iPhone sales weren’t as impressive as the previous ones. Regardless of the weak sales in iPhone, Apple had $45 billion in profit, $217 billion in sales, and $331 billion in assets, for a total of $752 billion in net worth. The tech giant isn’t showing signs of slowing down, as it may reach a trillion-dollar net worth with their future iPhone and other releases.

Image source: forbes.com

Samsung

Samsung is the main competition of Apple. It follows Apple from a safe distance with a net worth of $254 billion. The South Korea-based tech company saw $174 billion in sales, $19 billion in profit, with $217 billion in assets, making the $254 billion net worth possible. Samsung did make Asia proud, being the only Asia-Pacific company to have broken into the top 10.

Along with the two tech giants is Facebook. The social media star soared 69 spots on the Global 2000 list. These companies have made their way to the top with their innovations and expertise. I’m looking forward to their net worth growth. These companies just keep getting heavier and heavier in the market.

Image source: info7.mx

Steve Sorensen here. A graduate of the Iowa State University with a business degree on business, I’ve become a business blogger and an investment strategist. The growth in net worth of successful companies has inspired me to look deeper into their strategies. Follow me on this blog as I discover their secrets.

Stock Market Jargon: Commonly Used Terms You Should Know

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If you’re thinking about starting to trade, the first thing you’ll notice are the jargons used by traders when they communicate. For them, it’s their first language, but for the untrained ear, it’s ciphered. You need to know these words if you want to be a successful trader. Below are some of the most common stock market trading terms you should know.

Averaging Down: When an investor buys more of a stock as the price goes down. They do it, so the average purchase price decreases.

Bear Market : The opposite of a bull market, this is when stocks are on a downtrend.

Blue Chip Stocks : These are large, industry-leading companies. They offer a stable record of significant dividend payments. The term came from the blue chips used in casinos, which have the highest denomination of chips.

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Day Trading : People who do this are often called “active traders” or “day traders” where they buy and sell stocks within the same trading day, before the close of the market on that day.

Sector : A group of stocks within the same category of business. “Technology sector” includes Apple and Microsoft.

Hi, I’m Steve Sorensen. I keep track of companies’ success through their net worth. And I usually write about them on Facebook.

Know Your Value: Here’s How to Calculate Your Company’s Net Worth

A company’s net worth is its overall value in a specific time and date. Calculating it is not as hard as it seems. The calculation applies to sole proprietorship, large corporations, and other kinds of companies. Business leaders and owners must remember, however, that the value of a company changes. A particular net worth value is only true at a specific point in time.

Here’s a guide on how to calculate a business’ net worth.

Image source: time.com

First, add all of the company’s asset. Current assets include investments, account receivables, cash, and other kinds of assets that can be converted into cash equivalents. When doing this, the current value should be used in the computation.

After adding all the current assets, add all short- and long-term liabilities. Bills, accounts payables, and loans are included here.

Image source: martabrisco.com

Subtract the total value of liabilities from the assets. The result is called the company’s net assets or net worth during the time of computation. If the company has common stocks or a good investment portfolio, its net worth can change only hours or minutes after this is done. For easier tracking, net worth calculations do not need to be too detailed. For corporations, the net worth result should be compared with its stock value and retained earnings.

Hi, I’m Steve Sorensen. I write a lot about companies’ net worth, investments, and other business topics. Follow me on Twitter for the latest business news.