In recent years, consumer preferences, the financial markets, and economic growth have all been largely driven by technology corporations. Over the last ten years, the largest tech stocks collectively have outperformed the overall market by a significant margin. This is due to the fact that technology has altered the ways in which people interact, communicate, shop, socialize, and work.
In general, businesses in the technology sector work on products and services that are based on technology through research, development, and manufacturing. They develop, design, and produce household appliances, mobile devices, and PCs in addition to offering information technology-related goods and services.
Below we look at the 10 Tech Giants in the technology field,
1. Apple Inc. (AAPL)
Revenue (TTM): $394.33 billion
Net Income (TTM): $99.8 billion
Apple (AAPL) is a company that develops, produces, and sells a wide variety of consumer technology goods. Smartphones, laptops, tablets, wearable technology, home theater systems, and many more are among them. Mac computers and iPhone cellphones are among its best-selling items. Additionally, Apple has significantly increased its service revenue. In addition to running online retailers, it recently introduced a number of streaming services, such as Apple+, a platform for entertainment material that can be seen on demand.
2. Samsung Electronics Co. Ltd. (SSNLF)
Revenue (TTM): $247.7 billion
Net Income (TTM): $33.73 billion
In important product categories, Samsung Electronics competes globally with Apple and other large tech corporations. It works in many different areas, such as communications, information technology, and consumer electronics. The South Korean firm offers a wide range of products, including computers, printers, household appliances, TVs, wearable technology, tablets, virtual reality items, and more. Samsung is most recognized, though, for its well-liked Galaxy smartphone lineup.
3. Hon Hai Precision Industry Co. Ltd. (HNHPF)
Revenue (TTM): $227.1 billion
Net Income (TTM): $5.06 billion
Multinational electronics maker Hon Hai Precision, commonly referred to as Foxconn, is headquartered in Taiwan. For use in the precision molding, automotive, communications, automotive equipment, and consumer electronics industries, the firm manufactures electronics and electronic components. “Services and Products,” Hon Hai Precision Industry Co., Ltd. Foxconn, which produces a sizable amount of Apple’s iPhones, is a crucial supplier in the company’s supply chain.
4. Microsoft Corp. (MSFT)
Revenue (TTM): $203.08 billion
Net Income (TTM): $69.80 billion
Microsoft is a multinational company that develops and licenses hardware, software, solutions, and services. Although the corporation is well-known for its Office Suite and Windows software, cloud computing and its cloud platform, Azure, account for an increasing portion of its earnings. Additionally, Microsoft owns and runs LinkedIn, a well-known social networking platform for job searchers.
5. Dell Technologies Inc. (DELL)
Revenue (TTM): $105.25 billion
Net Income (TTM): $1.83 billion
Dell Technologies is a global manufacturer and distributor of hardware, IT products, and services. The company sells networking products, desktop and laptop computers, and conventional and next-generation storage systems. Dell also offers cloud management tools and a cloud-native platform for sale. Dell’s most well-known offerings are their desktop PCs.
6. Sony Corp. (SNE)
Revenue (TTM): $83.91 billion
Net Income (TTM): $7.6 billion
Sony is a technology corporation based in Japan that creates and manufactures electronics for consumer, business, and professional sectors globally. The company offers a wide range of goods, including as video cameras, video game consoles and software, mobile phones, and personal computers. It also creates and releases movie pictures, both live-action and animated, as well as recorded music. It also manufactures and markets the well-known video gaming system, the PlayStation.
7. Taiwan Semiconductor Manufacturing Co LTD (TSM)
Revenue (TTM): $71.66 billion
Net Income (TTM): $30.53 billion
Taiwan Semiconductor Manufacturing produces semiconductors and microchips that are utilized in a wide range of products, including computer hardware, gaming consoles, medical devices, and cell phones. TSM produced 12,698 items for 532 clients in 2022.
8. Lenovo Group Ltd (LNVGY)
Revenue (TTM): $70.87 billion
Net Income (TTM): $2.11 billion
Lenovo Group Ltd is a technology manufacturer that produces tablets, smartphones, monitors, laptops, and other gadgets to meet contemporary technological demands. The company has production facilities in Argentina, Brazil, China, Germany, Hungary, India, Japan, Mexico, and the United States and services a global market of over 180 nations.
9. Intel Corp. (INTC)
Revenue (TTM): $69.54 billion
Net Income (TTM): $13.30 billion
Leading worldwide manufacturer of computer chips, Intel also offers networking, computing, data storage, and communication solutions. The business provides platform solutions for the markets of cloud, enterprise, and communication infrastructure. Moreover, Intel offers programmable semiconductors, flash memory, and CPUs for desktop, laptop, and mobile computers. The company is well-known for producing high-performance CPUs that are utilized by consumers and companies alike in PCs.
10. Panasonic Corp. (PCRFY)
Revenue (TTM): $63.91 billion
Net Income (TTM): $1.69 billion
Based in Japan, Panasonic develops, produces, and provides services for electronic goods, mostly for the consumer market. Projectors, tablets, broadcast and professional AV equipment, and personal laptops are all offered by the company. In addition, Panasonic manufactures air conditioners, TVs, refrigerators, and washing machines.
