2023's Tech Titans: The World's Top 10 Tech Companies Revealed

NewsPoint

Oct 20, 2023

Apple

Apple, a tech giant founded in 1976 by Steve Jobs, Wozniak, and Wayne, reported $81.8B in quarterly revenue, with a 1% YoY decrease, while earnings per share rose 5% in 2023. It remains a leading job creator in the US, with an enduring reputation as a tech industry powerhouse.

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Alphabet

Alphabet, the conglomerate parent of Google, reported $74.604B in Q2 2023 revenue, a 7.06% YoY increase, and a $289.531B revenue over the last 12 months, up 4.1% YoY. They engage in diverse tech investments and ventures post their 2015 Google restructuring.

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Microsoft

Microsoft, co-founded by Bill Gates and Paul Allen in 1975, achieved $211.915B in 2023 annual revenue, marking a 6.88% YoY growth with 221,000 employees. Renowned for consumer electronics, software, and indispensable tools like MS Office.

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Amazon

Founded by Jeff Bezos in 1994, Amazon boasts a $538.046B 2023 revenue, evolving from an online marketplace to a tech giant with its own devices and cloud services. It's not only one of the world's most valuable companies but also ranks among the top 25 tech firms to work for.

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Samsung Group

South Korean-founded Samsung Electronics, established in 1969, spans divisions in consumer electronics, IT & mobile, and device solutions, driving innovation in smart home and digital health technology.

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Tencent Holding

A Chinese conglomerate founded 23 years ago, encompasses diverse services from web portals and e-commerce to gaming, boasting WeChat with 1.2 billion users. It aims to serve as a digital assistant, offering marketing solutions and cloud services to support various industries.

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Meta Platforms

Launched by Mark Zuckerberg in 2004, Facebook quickly expanded from Harvard to the public, reaching 400 million users by 2010. In 2021, it rebranded to Meta Platforms, emphasizing its metaverse and Web3 focus, with key acquisitions like WhatsApp and Novi Financial.

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Cisco Systems

Nearly 40 years old, Cisco Systems, born out of a Stanford couple's communication needs, thrives in IT and networking, with a booming cybersecurity division that grew 14% last quarter, offering Cisco SecureX for integrated threat detection and response.

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Oracle Corporation

Founded in California in 1977, Oracle, now headquartered in Austin, Texas, serves over 400,000 global clients, offering industry-specific solutions from finance to HR, catering to diverse needs like restaurant management and network security.

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SAP

Founded in 1972 in Weinheim, Germany, SAP leads in business management solutions with its ERP software, SAP S/4HANA, revolutionising data processing through in-memory computing for enhanced efficiency and centralised data insights, optimising productivity and profits.

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