There’s no doubt that tech companies are on the top of their business game, especially with everyone’s dependence on gadgets and social media accounts for their day to day activities. In the Fortune 500 list, it’s no longer a surprise for Apple to emerge as no. 1. Social media giant, Facebook, is rising to the top, too, as Samsung follows Apple from a considerable distance.
Apple took the top spot with a net worth of $752 billion. The iPhone sales weren’t as impressive as the previous ones. Regardless of the weak sales in iPhone, Apple had $45 billion in profit, $217 billion in sales, and $331 billion in assets, for a total of $752 billion in net worth. The tech giant isn’t showing signs of slowing down, as it may reach a trillion-dollar net worth with their future iPhone and other releases.
Image source: forbes.com
Samsung is the main competition of Apple. It follows Apple from a safe distance with a net worth of $254 billion. The South Korea-based tech company saw $174 billion in sales, $19 billion in profit, with $217 billion in assets, making the $254 billion net worth possible. Samsung did make Asia proud, being the only Asia-Pacific company to have broken into the top 10.
Along with the two tech giants is Facebook. The social media star soared 69 spots on the Global 2000 list. These companies have made their way to the top with their innovations and expertise. I’m looking forward to their net worth growth. These companies just keep getting heavier and heavier in the market.
Image source: info7.mx
Steve Sorensen here. A graduate of the Iowa State University with a business degree on business, I’ve become a business blogger and an investment strategist. The growth in net worth of successful companies has inspired me to look deeper into their strategies. Follow me on this blog as I discover their secrets.