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24 Aug 2021

Market Metrics: Market Cap

Market Cap (market capitalisation) refers to the total dollar market value of a company’s shares.

The first company to reach US$1 trillion valuation was Apple back in August 2018 and today, only 3 years later there are 6 listed companies worth US$1 trillion plus.

In order of market cap they are- Apple, Microsoft, Saudi Aramco, Alphabet, Amazon and Facebook with both Apple and Microsoft already having moved past US$2 trillion.

Interesting only one is a non-tech company which reminded me of a line I read earlier this century and that was… ‘software will consume the World‘.

Click for chart.

The valuations just keep on punching higher and higher which why it is so important to remain invested according to your appetite for volatility and when fear and panic do take hold, react by buying more quality assets at discounted prices.


At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.

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