Apple has become the world's market capitalization leader, beating 33 Huawei?
The Hurun Research Institute recently released the "2023 Hurun Global 500".) became the world's most valuable company, with a market value of $19,229. In comparison, the market capitalization of Huawei, a Chinese technology company, is only 572 billion yuan. As soon as these data were released, they attracted widespread attention and heated discussions.
Some people even cheered up Apple, saying that Apple's value is 33 times that of Huawei, which means that Apple's strength is stronger than Huawei. But isn't that more reasonable? Is it only looking at market value and profits, but ignoring the company's core capabilities and technical strength?
In fact, Huawei's strength is far stronger than Apple's.
That's right, Apple's market capitalization is 33 times that of Huawei, and let's not forget that Huawei hasn't gone public yet. In other words, what if Apple's market capitalization is 33 times higher than Huawei's? But so what, Huawei hasn't gone public yet, and its market value is zero, how can it be compared with Apple?
In addition, it is important to remember that market capitalization and profitability are only part of a company's strength. If you really want to look at the market value of a company, you have to calculate its debt ratio, which is said to be over 80% for Apple, which is much higher than Huawei.
In addition, the value of a company is not only market value and profit, but also core competitiveness and technical strength. In these areas, Huawei is a global leader.
As a representative of China's national technology companies, Huawei has invested heavily in R&D in communications, 5G, artificial intelligence, chips, etc. In the face of pressure and constraints from various quarters, Huawei is firmly committed to independent innovation and continues to increase R&D investment.
According to data, by 2023, Huawei will invest more than 160 billion yuan in R&D, equivalent to 22% of revenue8%。This proportion of investment is the highest among both domestic and foreign companies. So far, no company has been able to maintain such a high level of R&D investment for several consecutive years.
In contrast, Apple, which is also a technology giant, still has a big gap with Huawei in terms of its core competitiveness and technical strength.
Despite its large market size and high profits, Apple invests much less in R&D than Huawei. According to reports, Apple will spend $2.9 billion on R&D in 2023, with R&D spending accounting for 76%, compared to sales revenue of $83.3 billion. Compared to Huawei, this proportion is significantly lower.
In addition, Huawei has also demonstrated strong product innovation capabilities, including mobile**, communication equipment, cloud computing and other product lines, which are well received by users.
Apple has done a good job in product design and user experience, but not so well in product innovation. Looking at the entire iPhone 15 series, there are no breakthrough innovations overall, except for some new features and new technologies.
Therefore, the strength of an enterprise cannot only look at market value and profits. Although market capitalization and profit are only part of the company's strength, core competence is just as important as technical strength. Only those companies that do well can be called truly world-class enterprises.
According to estimates by the Hurun Research Institute (Hurun Research Institute), Apple Inc., the world's most profitable apple) is the world's most profitable company, at $19 trillion. Because since Cook became Apple's CEO, Apple has become a "profit-driven" company rather than focusing on innovation and R&D.
However, this 969The $9.5 billion net profit came from a large number of Google employees, including those from different countries.
Some people believe that Apple is better than Huawei because it has a market capitalization of up to 33 times, so we want to remind them that it is unfair to measure a company based solely on market capitalization.
In terms of market capitalization, Huawei is not as good as Apple, but Huawei's heritage and technical strength are not inferior to Apple, or even above Apple. Especially in the fields of 5G, communications, artificial intelligence, and chips, Huawei can be said to be at the forefront of the world.
Therefore, the evaluation of a company should not only be based on market value or profitability, but also from many aspects. After all, some companies just want to make money from fans, and in the creative part, there will always be someone who pays for it.