You can like or dislike some of the largest companies from the technology industry, but we most likely wouldn’t have the devices and convenient services we do today without them. Although some relatively smaller companies are slowly climbing their way up the value ladder, you will most likely be familiar with the majority of companies we mention today. Let’s see which ones are the biggest and what they have achieved and announced in 2018.
With the market cap of just under 920 billion dollars, Apple is the leader when it comes to total value, while Amazon takes 2nd place with the 15% less value. If you are wondering when Apple will hit the magic number trillion, we have the new old news for you — they already did that a couple of times, and the first time in August this year. You don’t have to be a tech guru or an economy expert to realize why they are worth so much, as the chances are that you, or at least someone you know, have one of the Apple products, whether it is an iPhone, iPad, or a Mac.
Wherever you are from and whatever you buy online, Amazon is able to ship it to your doorstep. Shopping online has become a normal thing for everyone nowadays, from youngsters to old people, since it is a lot more convenient, cost-effective, and you can find things which you wouldn’t even be able to see without the web and the Amazon service. The company is currently worth around 780 billion dollars, which is not even close to Apple’s valuation. However, these two companies are doing two completely different things.
This might confuse you, but since it is obvious that you are interested in the technology simply because you are reading this article, then you must be aware of the fact that Alphabet Inc. is the parent company of Google, with Larry Page and Sergey Brin still in leading roles as the company’s founder and CEO. The valuation of 740 billion dollars is pretty close to Amazon’s 780, but again, these two are focused on two different aspects of the industry, and even though both are trying to develop as fast and as much as possible, they rarely get to compete against each other.
Here’s when we see the first serious competitor to one of the companies from the list. Even though there are other operating systems out there, such as Unix, Ubuntu, Linux, BeOS, IRIX and others, the odds of you meeting with either Windows or Mac for the very first time in your childhood are almost 100%. Both are user-friendly, with thousands of useful programs and applications. To be fair, Alphabet Inc. is competing with Microsoft and Apple on the mobile market as well, as they are the ones “owning” the Android platform.
When it comes to social networks, we all know who the king is – Facebook, led by Mark Zuckerberg. The market cap might be half of the previously mentioned ones – 400 billion dollars – but they are managing completely different activities in the technology industry. Of course, hard work and dedication are key to success, but one thing Facebook does extremely well is investing. The most popular apps they bought are: Messenger, Instagram, WhatsApp, Oculus and Masquerade.