Forbes revealed World’s Most Valuable Tech Brands of 2017
World’s leading business magazine Forbes have revealed list of most valuable tech brand for the year 2017. With representation from 17 countries, tech companies account for 118 spots on Forbes’ Global 2000, annual ranking of the world largest Public Companies.
Apple took the top spot with $217 billion in sales, $45 billion in profits, $331 billion in assets and a market value of $752 billion making it overall 9th largest company in the world. Samsung came second with $174 billion in sales, $19 billion in profit, $217 billion in assets and a market value of $254 billion. Microsoft took the number three Tech spot with $85 billion in sales, 16.7 billion in profits, $217 billion in assets and a market value of $507.5 billion.
Amidst the pressure from Asian companies, still fifteen of the top 25 largest tech companies are from the US, with eight in the top 10: Apple, Microsoft, Alphabet, IBM, Intel, Cisco Systems, Oracle and Facebook.
Snap is the new entrant to the list due to the biggest social media IPO since Twitter went public three years ago and is now ranked 101the largest tech company and 1,693rd largest company in world.
The list also saw big moves from the likes of NVIDIA , which jumped up 379 spots in the global list and ranked 41st in the tech list, and Nokia , which fell 248 spots from the global list but still managed to grab the 33rd largest tech company spot.
About Forbes Global List:
The FORBES Global 2000 ranking is based on a composite score from equally-weighted measures of revenue, profits, assets and market value. The 2017 list features public companies from 58 countries that together account for $35.3 trillion in revenue, $2.5 trillion in profit, $169.1 trillion of assets, and have a combined market value of $48.8 trillion, up 10% from the year prior.
Click here for complete Forbes Global 2000 list.