2024 has been a great year for some of the biggest brands around the world. Apart from the tech corporations, the Walmart, Toyota Motor, Volkswagen and many other top brands have done a great business worldwide. So, it’s been a prosperous year for companies worldwide.
There are several parameters, by which the wealthiest companies are ranked. The brand value, market cap, profit, and revenues are the things to consider. There are many companies like the Forbes and the statista.com that calculate these things and then publish a ranking of the top brands in a year. These lists include the top corporations and how they have made it big in the stock market in that particular year.
Here we are going to talk about top 3 companies grounded in their revenue, profit and brand value based on 2023.
As we said, there is no prize for guessing the top spot right. Apple is the world’s most profitable company publicly trading. And they’ve been secured their spot on the top of most of the ranking list for almost a decade now.
Apple has been operating with their 478 stores in 17 countries, and they are currently trying to boost their operations in India. With their iPad, iPod, MacBook, iOS and the most famous product, the iPhone, they have been set to the leading position on the list of the most profitable company publicly trading for 9 straight years now. In spite of being the second highest provider of the mobile phones after Samsung, Apple has managed to get a whopping $215.6 billion revenue in the year 2023.
Fun Fact: One of the Oldest Food Chain’s in the USA, McDonald’s missed the mark by a small margin and could not make it to Top 3.
Samsung, when founded in 1938 was a groceries and noodles maker. Soon they started to sell insurances too. In the year 1947, they became the present-day corporation with the help of joint investment by Samsung Mulsan Gongsa. The HQ is situated in Seoul.
Samsung has been the largest maker of mobile phones around the world, beating Apple in the race. In 2023 Samsung’s profit reached an astonishing number of $222 billion in revenue.
Tesla motor‘s revenue has been growing astonishingly from the fiscal year of 2024 when they managed to reach $14.8 million. In 2023 Tesla motors has been able to reach $11.8 billion revenue which is a record-breaking in the history of the company.
Tesla revealed that there was a bit of a downfall related to Model 3 production but the company has been successful in recovering from it.
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