Even Without Steve Jobs, Apple Still Most Valuable Tech Company
25 Most Valuable Tech Companies
With recent headlines suggesting that Apple has more cash than the U.S. Treasury and is worth more than the Great Wall of China, it's a good time to examine just how valuable the iOS and Mac giant is compared to other tech companies, based on their market capitalization.
Even with an expected dip following the resignation of Steve Jobs, Apple is still more valuable than many other tech companies put together. The following represents the top 25 most valuable tech companies, based on the 50 publicly-traded companies that CRN regularly follows on Wall Street.
25. Red Hat
Market Capitalization: $7.31 billion
With a market cap of more than $7.3 billion, the Linux giant edged out Western Digital ($6.4 billion) to crack the top 25.
24. CA Technologies
Market Capitalization: $10.50 billion
CA's market capitalization today comes in at just over $10 billion, or almost as much as it spent on acquisitions in the 1990s.
23. Citrix Systems
Market Capitalization: $10.98 billion
Citrix becomes the first 11-figure company on the list at $10.98 billion.
22. Check Point Software Technologies
Market Capitalization: $11.20 billion
Check Point could become even more valuable if it can successfully execute on some of its new SMB Cloud Services.
21. Xerox
Market Capitalization: $11.33 billion
Xerox recently won a big deal to provide print managed services to Cisco Systems, supplanting all legacy HP printers at the networking giant.
20. Juniper Networks
Market Capitalization: $11.63 billion
Rival Cisco recently swiped two executives from Juniper, but the company continues to be one of the most valuable tech firms on Wall Street.
19. Symantec
Market Capitalization: $12.72 billion
As Symantec develops its cloud initiatives, its strong value should continue to hold.
18. NetApp
Market Capitalization: $13.85 billion
NetApp recently missed earnings expectations, but the company is still among the most valuable with technology investors.
17. Motorola Solutions
Market Capitalization: $14.36 billion
Motorola Solutions recently agreed to sell its two wireless broadband networking units to a private equity firm.
16. Salesforce.com
Market Capitalization: $16.68 billion
Perhaps nobody is riding the cloud wave better than Salesforce.com right now.
15. Panasonic
Market Capitalization: $24.67 billion
Panasonic makes a big jump, more than $7 billion more than the previous company on the list.
14. Dell
Market Capitalization: $27.11 billion
Michael Dell has wasted no time looking to capitalize on HP's recent announcement it may shed its Personal Systems Group.
13. Accenture
Market Capitalization: $34.82 billion
The only company defined as a solution provider on the list is Accenture at more than $34 billion. The nearest channel company was distributor Avnet with a market cap of $3.99 billion.
12. VMware
Market Capitalization: $38.31 billion
Like many companies, VMware's value isn't what it was a few months ago, but a lot of vendors wouldn't mind being worth $38 billion.
11. EMC
Market Capitalization: $45.41 billion
EMC must see a lot of value in itself. The company recently said it planned to expand its share buyback program to $2 billion, from $500 million.
10. Hewlett-Packard
Market Capitalization: $53.51 billion
A year ago, HP might have appeared higher on this list, but the departure of Mark Hurd, the hiring of Leo Apotheker and HP's recent announcements about its mobile initiative and the Personal Systems Group have all combined to lower its value on Wall Street.
9. SAP
Market Capitalization: $64.11 billion
Enterprise software is a highly-valued commodity on Wall Street, as SAP joins several other competitors on this list.
8. Cisco Systems
Market Capitalization: $85.62 billion
Like HP, Cisco's value on Wall Street has deflated over the last year or so after a series of announcements including missed earnings expectations and inventory issues.
7. Intel
Market Capitalization: $106.28 billion
Intel becomes the first 12-figure company, one of seven in the tech industry.
6. Lenovo Group
Market Capitalization: $132.54 billion
The quiet giant doesn't garner the channel headlines that the other hundred-billion-dollar companies do, but Lenovo's global brand cannot be ignored.
5. Oracle
Market Capitalization: $141.18 billion
Larry Ellison didn't become one of the world's richest men without owning a sizeable chunk of the $141.18 billion enterprise software giant that he runs.
4. Google
Market Capitalization: $174.59 billion
Google went public seven years ago, Aug. 25, 2004, with a market capitalization of $23 billion. Early investors are still smiling.
3. IBM
Market Capitalization: $206.02 billion
With Big Blue's dominance in many areas of technology, it's not surprising that the company is worth nearly $200 billion.
2. Microsoft
Market Capitalization: $219.76 billion
Microsoft's market capitalization is so much that it's as much as three other software giants, Oracle, SAP and CA, combined.
1. Apple
Market Capitalization: $361.56 billion
Surprise! In addition to being worth more than the GDP of many countries, it was recently reported that Apple has more cash on hand, $76 billion, than the U.S. Treasury. Even with a dip from the sudden resignation of CEO Steve Jobs, Apple is still far and away the most valuable tech company in the world.