Apple is worth almost $ 2.3 trillion after the stock market soaring last year – making it the most valuable company in the world at the end of 2020. The US smartphone and software giant, whose share has risen 78 percent since the beginning of the year (as of December 29), has replaced the oil company Saudi Aramco at the top of the stock market rankings, according to calculations by the management consultancy EY and Reuters. Seven of the ten most expensive companies in the world are from the United States and two from China.

The major German corporations are falling behind the global giants – measured in terms of market capitalization – despite the upturn in the leading index Dax. Among the global “Top 100” there is SAP in 71st place with a stock market value of 160 billion dollars, just one of which is based in Germany.

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