Top 10 Tech companies in the world

Top 10 Tech companies in the world

Top 10 Tech companies in the world

Everyone knows that tech is where it's at these days in terms of innovation and profitability today we'll be taking a look at the companies that have been able to leverage the technology they offer to become some of the most successful entities in the world Silicon Valley is the proverbial home of the most high-ranking tech companies in the world but there are many tech companies worldwide that have soaring profits and impressive market caps thanks to the technology they offer technology is by far the fastest-moving product in the current global market which in turn makes tech companies some of the most lucrative in the world however their sources of revenue tend to differ from online advertising to the sale of hardware there are numerous ways through which tech companies manage to rack up their billions essentially such companies rely on e-commerce for their survival as such they're ranked in accordance to their market share return on investment capital, capital intensity, estimated operating margin, and profit markup. All these business aspects are factored in and waved to give a detailed breakdown of the richest tech companies known to man their lucrative lines of business with the top ten richest tech companies in the world. 

10. Sony Corporation

Sony Corporation market cap 51 billion dollars the household names Sony is a multinational company that has its headquarters based in Tokyo Japan its interests lie in a wide array of Technology sectors including but not limited to entertainment electronics financial services and gaming as of 2017 it was ranked the third-largest television manufacturer worldwide additionally it's also one of the major players in the semiconductors market today having been ranked amongst the top 20 vendors one of Sony's most popular products is their line of gaming consoles PSP and PlayStation as of 2017 Sony had a revenue margin of approximately 70 billion dollars and had over 120,000 employees it was one of the highest earners of the year with a net income of $658 million.

9. Foxconn Technology Group

Foxconn Technology Group market cap $66 billion this is probably the least well-known name on this list, however, this Taiwan based organization is one of the leading electronics manufacturing companies in the world Foxconn is only its training title with revenue of over 158 billion dollars and a net income of 4.5 billion the company stands out as one of the most profitable tech companies today in addition to this it's by far the largest tech employer globally with over 1.3 million employees as of 2015 currently the company manufactures popular electronic gadgets such as Apple's iPod, iPhone, and iPad moreover it's also the main manufacturer of Kindle by Amazon other electronic devices that it participates in manufacturing include VU by Nintendo, Microsoft's Xbox, and Playstation by Sony. This establishment has made its billions by manufacturing electronic gadgets on behalf of other major companies in the market.

8. IBM (International Business Corporation)

IBM market cap $132 billion the International Business Machines Corporation simply abbreviated as IBM has its headquarters based in Armonk in New York it is primarily a producer and marketer of both computer software and hardware in addition to this IBM also offers to host infrastructure and consulting services it operates in several technology-based fields including mainframe computing and nanotechnology as of 2017 IBM held the record for the highest number of patents held by a single company as has been the case for the past two decades among its most notable achievements is its invention of unique technical advancements such as the ATM, the UPC code, the abre airline system for making reservations, the magnetic stripe, the hard-disk, and lastly the floppy drive. IBM's market cap is a clear manifestation of it being a pacesetter as far as technological improvements are concerned.

7. Cisco System

Cisco Systems market cap $209 billion American tech conglomerate Cisco Systems is famous for its acquisition efforts over the years the company has managed to acquire a number of subsidiaries including web X, Jasper, jabber, and Open DNS it's the brainchild of two computer science majors from Stanford University who came up with the idea to use local area networks to connect computers in different geographical locations by means of a multi-protocol router system from such humble beginnings the company has grown over the years to become one of the most valuable tech companies in the world in 2000 it passed Microsoft to become the most valuable company in the world with a peak market cap of $555 billion after the dot-com bust and other challenges the market cap has now dropped back down to a respectable 209 billion today the company has 70, 2,700 employees and has a revenue margin of 47 billion dollars.

6. Intel Corporation

Intel Corporation market cap $258 billion Intel is one of the biggest players in Silicon Valley ranked as the second most valued semiconductor chip maker by virtue of its revenue Intel is one of the largest corporations in the tech sector it comes a close second only to Samsung in the semiconductor market currently it employs one hundred and six thousand employees most of whom operate in its subsidiaries these include companies such as McAfee here and Wind River systems as of 2017 its revenue margin was sixty two point seven six billion dollars with an operating income of 17 billion.

5. Samsung Technology

Samsung technologies market cap 344 billion dollars most likely most if not all of you have used Samsung gadgets at one point or another today Samsung mobile phones and other electronics have been ranked as some of the most purchased technological appliances worldwide with 61 billion dollars in consolidated revenue in 2017 based in swooned South Korea this multinational electronics company has managed to establish assembly production plans in over 61 countries in addition to this it's also ranked as the largest television LCD and mobile phone manufacturer worldwide additionally it's also ranked as the top smartphone vendor globally despite being involved in a legal showdown with another tech giant Apple, Samsung remains one of the leading technology companies in the world. 

4. Alphabet Inc.

Alphabet Inc market cap $754 billion based in California alphabet Inc is a multinational conglomerate that came about after the major restructuring of powerhouse Google back in 2015 alphabet became the mother company to several industries in the technology sector including Chronicle, Capital G, Calico G V X, Google, and Google Fiber. Larry Page and Sergey Brin the two cofounders of Google assumed leadership of alphabet with a former becoming CEO while the latter serves as the company president the company has been a top player ever since it was established and in 2017 it had an operating income of $25.7 billion and a net income of 12.5 billion its total assets are valued at $197.2 billion while its revenue margin is 110 billion as of 2017 the company had an employee base of 80,000 110 which makes it one of the largest employers in the tech industry.

3. Microsoft Corporation
 

Microsoft Corporation market cap $772 billion this American based company is by far one of the most valuable companies in the world in addition to this it's also the biggest producer of computer software globally based on its accumulated revenues over the years founded in 1975 Microsoft has managed to dominate the personal computing operating system market for decades it's the brainchild of Paul Allen and Bill Gates two of the most prominent figures in the tech industry included in its diverse portfolio is its popular productivity suite Microsoft Office which offers users custom presentations documents and spreadsheets it's also a big player in the gaming industry with the Microsoft consoles Xbox and Xbox 360 having great market shares it's only formidable competition is Sony's PlayStation. In 2017 Microsoft had nearly $90 billion in revenue and 21 billion in net income.

2. Amazon

Amazon market cap $792 billion ranked as the largest internet retailer Amazon is one of the largest and most valuable electronic eCommerce sites in the world dating back to the Year 1994 when it was founded by Jeff Bezos it initially began as an online bookstore as of 2017 its revenue was $177 billion with an operating income of 4.1 billion it's one of the largest business establishments in the United States with an employee base bigger than that of Apple with 566 thousand employees its headquarters is based in Seattle Washington with Bezos and Vogel's Warner serving as the chairman and CTO respectively also says he regrets not taking part in the internet business at a time when it was booming but you can't argue with the success he's achieved prior to founding Amazon Bezos served as the vice president of a Wall Street organization Shaw and company.

1. Apple Inc.

Apple Inc market cap $933 billion here we have at 1 position it's no surprise here the top tech company in the world is Apple with a massive $229 billion in revenue in 2017 alone with its headquarters based in California Apple is today known for its cutting-edge technologies and groundbreaking mobile technology designs its main products include iPad, Mac PC, iPod music players, and the all too popular iPhone. Its software systems are considered to be some of the best including the Safari web browser I work, I live. iTunes, OS X, and iOS. The company currently has over 70,000 employees in addition to another 3,000 temporary recruits surprisingly the company managed to make $65 billion in 2010 alone one of the highest-grossing margins by any tech company in recent times and it stands as the undisputed leader in the tech world today with a market cap that is set to exceed $1 trillion in the very near future. 


The top 10 tech companies in the world right now a lot of these companies are continuously growing since it's impossible to exhaust technological innovations you can expect high revenue margins and increasing market caps for the years to come now that you've learned some more about these companies we'd like to know do you think any of these companies will ever be able to surpass Apple as the most valuable tech company let us know what you think in the comments.


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