5 Most Valuable Technology Companies in the World

Published on April 1, 2021 at 7:04 am by Trish Novicio in Lists, News

In this article, we are going to list the 5 most valuable technology companies in the world. To read our detailed analysis of the technology industry, please go to the 15 Most Valuable Technology Companies in the World.

5. Facebook Inc. (NASDAQ: FB)

Market Cap: $820 billion

Facebook ranks 5th in our list of the most valuable technology companies in the world. California-based social networking company is known for developing social media applications in the entertainment sector. Aside from the Facebook app, the company also runs WhatsApp, Instagram, and virtual reality headset Oculus.

In 2020, the company’s revenue came in at $84.2 billion. Shares of FB increased 85% over the past twelve months.

Pixabay/Public Domain

4. Alphabet Inc. (NASDAQ: GOOG)

Market Cap: $1.38 trillion

Ranking 4th in our list of the most valuable technology companies in the world is Alphabet Inc. Headquartered in Mountain View, California, the multinational tech conglomerate dominates the ad market generating $46 billion alone in ad revenue. Alphabet is the parent company of Google and YouTube. The company also offers cloud services with Google Cloud. Google revealed on Wednesday that it would donate $29.3 million to the newly formed European Media and Information Fund to fight fake news. Google is the first tech corporation to contribute to the European Media and Information Fund.

The company’s total revenue in 2020 was $182.5 billion. Shares of GOOG jumped 87% over the past twelve months.

Pixabay/Public Domain

3. Amazon.com Inc. (NASDAQ: AMZN)

Market Cap: $1.54 trillion

The online retail giant Amazon.com is one of the most valuable technology companies in the world. Headquartered in Seattle, Washington, Amazon.com offers an e-commerce platform, cloud computing services, digital streaming, and artificial intelligence products. The tech company recently unveiled AWS Space Accelerator, a program that will help space startups seeking to use AWS to help solve the biggest challenges in the space industry. On the other hand, to boost Amazon’s operations in India’s retail industry, the company recently purchased Perpule, an Indian retail tech start-up for $14.7 million in cash.

The company’s revenue in the fourth quarter of 2020 came in at $125.6 billion. The stock has gained 62% in the last twelve months.

2. Microsoft Corporation (NASDAQ: MSFT)

Market Cap: $1.749 trillion

Microsoft ranks 2nd in our list of the 15 most valuable technology companies in the world. Founded in 1975, Microsoft built its way up to serve the global software and computer market. Microsoft is the world’s largest cloud computing company, offering intelligent cloud applications, which is advanced computing supported by the public cloud and artificial intelligence (AI) technology for any intelligent application or device. Microsoft’s second-quarter revenue from Intelligent Cloud alone was $14.6 billion.

Based on an article by The Wall Street Journal, Microsoft Corp. is in negotiations to buy Discord Inc., a video-game chat community, for more than $10 billion, to expand its X-box creation community. In a different story, Microsoft was awarded a $22 billion deal to supply its HoloLens virtual reality headsets to US Army combat troops.

The company’s revenue in the second quarter of 2021 increased 17% to $43.1 billion. Shares of MSFT climbed 55% over the past twelve months.

Image by Tawanda Razika from Pixabay

1. Apple Inc. (NASDAQ: AAPL)

Market Cap: $2.013 trillion

Topping the list of the 15 most valuable technology companies in the world is Apple Inc. The two ingredients to the success of the company are simplicity and the continuous effort to develop new technology to improve its line of products. The company that started from humble beginnings in a garage grew steadily and has become the most valuable technology company in the world.

The iPhone 12 series, Apple’s ultrafast 5G smartphone, was launched in October 2020. The more expensive versions of the iPhone 12 series have seen good sales figures, but Apple recently decreased production of the entry-level iPhone 12 Mini. Aside from revenues from its devices, the company’s success was also fueled by Apple services which climbed 24% to $15.8 billion.

In the first quarter of 2021, Apple Inc reached a record revenue of $111.4 billion. The stock has gained 102% in the last twelve months.