Apple is bigger than almost any stock market in the world

Re:Apple is bigger than almost any stock market in the world by papertrail-work on Thursday May 11, 2023 @03:36PM (#35907316)

Really makes me wonder what the European tech scene is like. I might be living in my North American tech bubble but I rarely hear about large tech conglomerates coming out of the EU nor any "revolutionary" products.

Is there just no investment? What is the US doing that Europe isn't?

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by uni_rule on Thursday May 11, 2023 @03:39PM (#35907360)

The EU seems to do more "back end" technological developments than it does visible consumer brands. Less Apple or Google, more ASML or Nokia Networks.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by BadTakeAbove on Thursday May 11, 2023 @03:49PM (#35907516)

Regulations stifle anything that deals with consumers directly.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by BadTakeAbove on Thursday May 11, 2023 @03:42PM (#35907401)

You aren't in a bubble, there just aren't many. There are tech companies but they're largely copies of US companies built for the local market (DoorDash -> Deliveroo, Uber/Lyft -> Bolt, etc). Europe has twice the number of people so there should be twice the number of notable companies but it's a small fraction instead.

The US has a history of innovation and a culture of ambition, drive, and seeking financial independence. Europe is more concerned with regulation and bureaucracy.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by Moldoteck on Thursday May 11, 2023 @05:05PM (#35908381)

Nr of people is irrelevant. Nr of people speaking same language and having similar culture is relevant. Also nr of steps to break into markets of each eu country

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by johanvts on Thursday May 11, 2023 @03:42PM (#35907403)

It does happen. Spotify and Unity come to mind, but then they always move to the US. Don’t know why.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by czytaszhakera on Thursday May 11, 2023 @05:36PM (#35908691)

    Spotify (Sweden): Spotify is a leading digital music service that provides access to millions of songs. It was founded in 2006 in Stockholm, Sweden.

    SAP SE (Germany): SAP is a multinational software corporation that makes enterprise software to manage business operations and customer relations.

    Nokia (Finland): Nokia is a multinational telecommunications, information technology, and consumer electronics company, founded in 1865.

    Adyen (Netherlands): Adyen is a global payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments.

    Arm Holdings (UK): Arm Holdings is a leading technology provider of silicon IP and custom SoCs at the heart of billions of devices. Their architecture is key for computing, especially in mobile devices.

    ASML Holding (Netherlands): ASML is a leading supplier of photolithography systems for the semiconductor industry.

    Zalando (Germany): Zalando is a European e-commerce company based in Berlin. The company follows a platform approach, offering fashion and lifestyle products to customers in 17 European markets.

    Klarna (Sweden): Klarna is a fintech company that provides buy-now-pay-later services, which simplify the payment process for consumers and merchants.

    Revolut (UK): Revolut is a fintech company that offers banking services including a pre-paid debit card, currency exchange, cryptocurrency exchange and peer-to-peer payments.

    DeepMind (UK): Owned by Alphabet, the parent company of Google, DeepMind is a world leader in artificial intelligence research and its application for positive impact.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by diarrhea on Thursday May 11, 2023 @05:41PM (#35908766)

Reads like when I prompted ChatGPT for well-known, large and public projects written in C#. Yeah you’ll get a list, but it’s not a very exciting one.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by throwaway22032 on Thursday May 11, 2023 @06:57PM (#35909465)

In the US being wealthy is respected.

In Europe it's embarrassing.

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by kapperchino on Friday May 12, 2023 @10:09AM (#35916609)

Probably because of antitrust laws that are actually enforced

[ Parent | on HN ]

Re:Apple is bigger than almost any stock market in the world by papertrail-work on Monday May 15, 2023 @11:39PM (#35957501)

How is this good if the antitrust laws are stifling innovation. The logical leap is obviously far, but the comment seems to lead a reader to think that antitrust laws is leading to less innovation in Europe..

[ Parent | on HN ]