Technology companies have become a dominant driver of economic growth, consumer tastes and financial markets in recent years. The largest tech stocks as a group, for example, have dramatically outperformed the broader market over the past decade. That’s because technology has fundamentally changed the way people communicate, consume information, shop, socialize and work.
By and large, companies in the technology scene are engaged in the research, development and production of technology-based goods and services. They create software and design and manufacture computers, mobile devices, and home appliances. They also provide products and services related to information technology.
Below we look at the top technology companies based on TTM revenue. This list is limited to companies that are publicly traded in the U.S. or Canada either directly or through ADRs. The one exception is Samsung, which is far too large to exclude from the list, but unlike many large companies outside the U.S., does not have ADR. Some foreign companies may report semi-annually, and so may have longer lag times. It is important to note that 6 of the largest ten companies are US, illustrating America’s continued dominance in technology. Two are Japanese, one is South Korean, and one is Taiwanese. None of the largest companies are from mainland China.
Apple Inc. (AAPL)
– Revenue (TTM): $268.0 billion
* Net income (TTM): $57.2 billion
* Market Capitalization: $1.4 Trillion
– 1-Year Trailing Total Return: 59.8%
* Stock Exchange: Nasdaq
Apple designs, manufactures and markets a wide range of consumer technology products, including smartphones, PCS, tablets, wearable devices, home entertainment devices and more. Its most popular products include iPhone smartphones and Mac computers. Apple has also dramatically expanded its sales of services. It operates digital content stores and recently launched several streaming services, including Apple+, a platform for on-demand entertainment content.
Samsung Electronics Co. Ltd.
– Revenue (TTM): $197.5 billion.
* Net income (TTM): $18.4 billion
* Market capitalization: $325.4 billion
-Annual trailing total return: 17.2%
Samsung Electronics competes with Apple and other major technology companies worldwide in key product areas. It operates in a wide range of businesses, including consumer electronics, information technology and communications. The South Korean company sells cell phones, tablets, wearable devices, virtual reality products, televisions and home theaters, computers, printers, home appliances and more. Samsung is best known for its popular line of Galaxy smartphones.
Hon Hai Precision Industry Co. Ltd.
– Revenue (TTM): $173.1 billion.
* Net income (TTM): $3.7 billion
* Market capitalization: $36.0 billion
-Annual trailing total return: 0.7%
Hon Hai Precision, also known as Foxconn, is a Taiwan-based multinational electronics manufacturer. The company produces electronics and electronic components for use in the information technology, communications, automotive equipment, automotive, precision molding, and consumer electronics industries. Foxconn is a major supplier in Apple’s supply chain and manufactures a significant portion of its iPhones.
– Revenue (TTM): $138.7 billion.
* Net income (TTM): $46.3 billion.
* Market capitalization: $1.4 trillion.
-Annual Trailing Total Return: 45.5%
Microsoft is a global developer and licensor of software, devices, solutions and services. The company is known for its Windows and Office suite software. The company gets a growing share of its profit and revenue from cloud computing and has developed its own cloud platform called Azure. Microsoft also owns and operates LinkedIn, the popular social networking site for job seekers.
Dell Technologies Inc.
– Revenue (TTM): $92.2 billion.
* Net income (TTM): $4.6 billion
* Market capitalization: $31.2 billion.
-Annual trailing total return: -37.1%
Dell designs, manufactures and distributes hardware, information technology products and services worldwide. The company offers desktop and laptop computers, traditional and next-generation storage solutions, and networking products. Dell also sells a cloud-native platform and cloud management solutions. Dell’s best-known products are its personal computers.
– Revenue (TTM): $79.3 billion
* Net income (TTM): $ 6.0 billion
* Market capitalization: $80.0 billion
-Annual trailing total return: 32.4%
Sony is a Japanese technology company that designs and manufactures electronic products for consumer, professional and industrial markets worldwide. The company sells products such as PCS, cell phones, video game consoles and software, and video cameras. It also produces and distributes recorded music and live-action and animated films. Sony makes and sells PlayStation, the popular video game console.
International Business Machines Corp.
– Revenue (TTM): $76.5 billion.
* Net income (TTM): $9.0 billion.
* Market capitalization: $106.8 billion
-Annual trailing total return: -8.1%
IBM is an integrated solutions and services company, also known as “Big Blue. “The company provides software and IT solutions for a wide range of applications, including healthcare, financial services, Internet of Things (IoT), weather, security, as well as cloud computing services. The company is known for its powerful Watson computer, which offers a range of enterprise-ready AI services, applications and tools.
* Revenue (TTM): $75.7 billion.
* Net income (TTM): $22.7 billion
* Market capitalization: $247.2 billion
– Annual trailing total return: 29.3%
Intel is a leading global manufacturer of computer chips and provider of computing, networking, data storage and communications solutions. The company offers platform products for the cloud, enterprise and communications infrastructure markets. Intel flash memory, programmable semiconductors and processors for notebooks, mobile devices and desktop computers. The company is known for its high-performance processors used in PCs by businesses and consumers worldwide.
– Sales (TTM): $70.4 billion.
* Net income (TTM): $ 2.6 billion
* Market capitalization: $17.4 billion
-Annual trailing total return: -10.6%
Panasonic is a Japan-based developer, manufacturer and service provider of electronic products primarily for the consumer market. The company offers PCS, tablets, projectors, and broadcast and professional AV systems. Panasonic also produces appliances such as air conditioners, televisions, refrigerators, and washing machines.
* Revenue (TTM): $58.7 billion.
* Net income (TTM): $ 3.0 billion
* Market capitalization: $21.3 billion.
-Annual trailing total return: -19.5%
HP manufactures and sells personal computing, imaging and printing products and related technologies, solutions and services. The company offers Pcs, workstations, commercial mobility devices, retail point-of-sale systems and software. HP is perhaps best known for its printer hardware and scanning devices used by consumers and businesses worldwide.