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It's worth noting that those companies have trillion dollar stock valuation, but by far less actual revenue. Average revenue per year of these companies is "jus

It's worth noting that those companies have trillion dollar stock valuation, but by far less actual revenue. Average revenue per year of these companies is "just" 159 billions. Amazon has had a revenue of 88 billion. German companies with more revenue than Amazon: Volkswagen, Daimler, BMW, Allianz, Siemens, Deutsche Telekom, Uniper, Bosch. On the smaller end, Germany also has a comparable number of employer firms per capita as the U.S. Empirically it largely is a myth that worker protection and consumer protection stiffles enterprises or innovation.

manigandham 6y ago
Amazon 2019 revenue is $280B, which is greater than every company you listed and tied with Volkswagen. Valuation reflects market sentiment and potential but perhaps I should have left it out. The real focus is the "world-changing" aspect of the products produced. What have been the recent global innovations produced by those German companies? Anything turned into a household name?
- jashmatthews 6y ago
  Every Apple iPhone and Watch uses Bosch's gyroscope and accelerometer tech. They're also the market leader in smaller EV tech used in electric motorcycles, bikes and scooters. It all goes out to consumers without them knowing. Even Tesla use Bosch parts. That's why they're called a "hidden champion".
  - manigandham 6y ago
    The whole is greater than the sum of the parts. It's what you do with that internal tech that matters. We've had gyroscopes for a century. The iPhone is innovative because it used that to implement a new device that changed mobile computing.
- bildung 6y ago
  You're correct regarding Amazon's revenue, I somehow got the 2014 data, sorry. I'm actually not quite sure what you mean with the "global innovations" part, though, could you expand on that? What is it that makes e.g. Microsoft innovative? What I see is the your big four all sell consumer product/ services and thus are more visible. E.G. Bosch is developing electric powertrain components, produces radar/lidar and video sensors for autonomous driving. Bosch also produces the robots used in those mostly-automated factories.

manigandham 6y ago

Amazon 2019 revenue is $280B, which is greater than every company you listed and tied with Volkswagen. Valuation reflects market sentiment and potential but perhaps I should have left it out. The real focus is the "world-changing" aspect of the products produced. What have been the recent global innovations produced by those German companies? Anything turned into a household name?

jashmatthews 6y ago
Every Apple iPhone and Watch uses Bosch's gyroscope and accelerometer tech. They're also the market leader in smaller EV tech used in electric motorcycles, bikes and scooters. It all goes out to consumers without them knowing. Even Tesla use Bosch parts. That's why they're called a "hidden champion".
- manigandham 6y ago
  The whole is greater than the sum of the parts. It's what you do with that internal tech that matters. We've had gyroscopes for a century. The iPhone is innovative because it used that to implement a new device that changed mobile computing.
bildung 6y ago
You're correct regarding Amazon's revenue, I somehow got the 2014 data, sorry. I'm actually not quite sure what you mean with the "global innovations" part, though, could you expand on that? What is it that makes e.g. Microsoft innovative? What I see is the your big four all sell consumer product/ services and thus are more visible. E.G. Bosch is developing electric powertrain components, produces radar/lidar and video sensors for autonomous driving. Bosch also produces the robots used in those mostly-automated factories.