Most Profitable Companies in America 2011

2011/08/13 |672 views|0

Most Profitable Companies in America 2011

August 11, 2011 marked a great day of Apple when this large enterprise officially surpassed the "giant" oil U.S. Company named Exxon Mobil's to become the nation's largest and most valuable enterprise with the market cap of $337 billion. Here is the list of American most profitable companies we assembled. Let’s take time to discover why they are on the list.

Criteria to estimate the value of a company based on factors such as fixed assets that companies own, earnings, and future business prospects. Along with Apple to be shortlisted top 10 American most valuable companies, there are a series of "giant" companies in technology field such as Google, Microsoft, IBM and AT & T.

Apple

Industry: Consumer electronics

Market cap: $337 billion

Current stock price: $363

Its stock has increased 125% in just two years. Currently, Apple's profits every quarter are about $11 billion like Exxon Mobil’s

Its stock has increased 125% in just two years. Currently, Apple's profits every quarter are about $11 billion like Exxon Mobil’s

Exxon Mobil

Industry: Oil

Market cap: $330 billion

Current stock price: $68

Exxon is the world largest oil company, and in a good quarter, $10 billion in net income is the number this enterprise gains

Exxon is the world largest oil company, and in a good quarter, $10 billion in net income is the number this enterprise gains

Microsoft

Industry: Software

Market cap: $202 billion

Current stock price: $24

Microsoft was the No.1 Company a decade ago in terms of market cap but for 10 years, its stock seems to be fixed at 2001 levels

Microsoft was the No.1 Company a decade ago in terms of market cap but for 10 years, its stock seems to be fixed at 2001 levels

IBM

Industry: Technology

Market cap: $194 billion

Current stock price: $162

IBM has carried out its diversification of its traditional hardware business into services, software, and financing of customer purchases

IBM has carried out its diversification of its traditional hardware business into services, software, and financing of customer purchases

Chevron

Industry: Oil

Market cap: $181 billion

Current stock price: $90

Chevron company landed the number five in this list by making $11 billion last quarter and has a huge cash balance

Chevron company landed the number five in this list by making $11 billion last quarter and has a huge cash balance

Google

Industry: Internet

Market cap: $177 billion

Current stock price: $549

Google Company still rules the search engine market in nearly three quarters of the U.S. and most of Europe

Wal-Mart

Industry: Retail

Market cap: $168 billion

Current stock price: $48

Wal-Mart is the world's largest retailer getting $415 billion and also the biggest single employer in the U.S.

Wal-Mart is the world's largest retailer getting $415 billion and also the biggest single employer in the U.S.

Berkshire Hathaway

Industry: Conglomerate

Market cap: $169 billion

Current stock price: $67

Warren Buffett's Berkshire Hathaway is placed the eighth position in this list

Warren Buffett's Berkshire Hathaway is placed the eighth position in this list

AT&T

Industry: Telecommunications

Market cap: $165 billion

Current stock price: $27

AT&T is one of the largest telecom companies in the world and also one of the most valuable enterprises in America

AT&T is one of the largest telecom companies in the world and also one of the most valuable enterprises in America

Procter & Gamble

Industry: Consumer products

Market cap: $163 billion

Current stock price: $58

The world's largest consumer product company P&G expands its business in more than 100 nations with a large range of products: from razors to soap to skin care

The world's largest consumer product company P&G expands its business in more than 100 nations with a large range of products: from razors to soap to skin care

Most Profitable Companies in America 2011: Procter & Gamble

Most Beloved Companies in America

World’s Most Admired Companies 2011

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Jolie Crussel has 323 articles online and 7 fans

Jolie Crussel, an economic expert, is keen on analyzing the economic situations in the world. Currently, she often delivers lectures on economic solutions to students and provides advice for many firms.

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Most Profitable Companies in America 2011

Most Profitable Companies in America 2011 most valuable companies largest enterprises 2011 most appreciated companies top 10 most valuable enterprises in U.S Apple Exxon Mobil Google Microsoft IBM

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