Tech Market Caps Entering Earnings Season: Apple Larger Than Microsoft

This is the market capitalization of the Largest USA Tech Companies, as of the close on Friday, October 12, 2012, as we enter the October earnings season. Intel (INTC) and IBM (IBM) report financial results first on Tuesday, October 16. eBay (EBAY) reports on Wednesday, October 17. Google (GOOG) and Microsoft (MSFT) report next on Thursday, October 18. Facebook (FB), VMware (VMW), EMC Corp. (EMC), Apple (AAPL), and Amazon (AMZN) report the week after.

Apple continues to dominate, no matter the drop in price recently. King Apple is firmly seated on the throne. Apple is the clear and continuing leader of all companies in the world with a market capitalization of $589 billion, though at one time it was greater than $650 billion. Exxon Mobil (XOM) is a distant #2 worldwide at $426 billion. In the technology sector, Apple is larger than #2 Microsoft and #3 Google combined!

In the technology sector, Microsoft is #2 at $245 billion and Google is #3 at $243 billion, staying ahead of #4 IBM, continues in fourth at $240 billion. Further back is #5 Oracle (ORCL) ($151 billion).

The next group is led by #6 Amazon ($109 billion), which has moved ahead of #7 Intel ($108 billion). Qualcomm (QCOM) and Cisco (CSCO) are #8 and #9 with market capitalization of $101 billion and $99 billion.

eBay ($62 billion) is #10 and continues ahead of #11 EMC ($54 billion) and #12 Facebook ($41 billion). VMware ($37 billion) is #13, followed by #14 Texas Instruments (TXN) ($31 billion). Struggling HP (HPQ), which reorganizes reorganizations, is #15 and last place at a lower $28 billion, which is 4.8% of Apple’s market capitalization!

I have included Amazon, more of an online retailer, because of the Kindle Fire, streaming, cloud services, and the resulting competition with others listed. I have also included online notables eBay and Facebook. One reason the list of companies reviewed keeps growing is because HP’s market cap keeps shrinking and falling behind other tech companies! Yet HP has $118 billion in total assets, behind only Apple ($163 billion) and Microsoft ($121 billion). Hence, I keep HP on the list, albeit in last place by default, as other tech companies surpass.

The market valuation above is as of the market close on October 12, 2012 and provides a snapshot of value. All prior and expected financial performance and position has been priced into these publicly traded stocks, along with any other financial system, economic, and political uncertainties to-date.