Top 5 IoT Companies in the World

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 128

Apple Inc. (NASDAQ:AAPL) is the largest consumer technology company in the world. The firm sells smartphones, notebooks, smartwatches, and other products.

Apple Inc. (NASDAQ:AAPL) has the largest market share in the globe when it comes to smartwatches. As of the second quarter of this year, the firm was responsible for 40% of the global smartwatch shipments. The company raked in a whopping $41 billion in revenue from IoT products for the 12 months ending in September 2022.

Apple Inc. (NASDAQ:AAPL)’s largest investor is Warren Buffett’s Berkshire Hathaway. It owns a massive $122 billion stake that comes courtesy of 894 million shares.

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