12 American Companies That Control Tech

Print Email

Source: Daniel L. Lu (user:dllu) / Wikimedia Commons

1. Apple Inc. (NASDAQ: AAPL)
>Market Cap: $947.59 billion
>Revenue: $229.23 billion [fiscal year ends in September]
>Net Income: $48.35 billion
>Shares outstanding: 5.134 billion
>Employees: approximately 123,000

Apple is not only the most valuable U.S. company, but also the world’s. Although Apple’s share of the smartphone market trails Samsung’s, the company’s share of global revenues from smartphone sales reached 51% of total 2017 sales of $120.2 billion, or $61.4 billion. The company announced in early May a share buyback of $100 billion, which should further lift its stock price. For the current fiscal year, analysts forecast revenue of $261.22 billion and have a 12-month consensus price target on the stock of $195.31 — which would be enough to make Apple the world’s first publicly traded $1 trillion company.

Source: JurgaR / Getty Images

2. Amazon.com Inc. (NASDAQ: AMZN)
>Market Cap: $777.85 billion
>Revenue: $177.87 billion [December]
>Net Income: $3.03 billion
>Shares outstanding: 484.11 million
>Employees: approximately 566,000

To say that Amazon has disrupted the retail sector is, perhaps, barely adequate. With its twin focuses on growth and customer service, the company has turned the brick-and-mortar retail sector inside out. But Amazon is more than shopping. Its Echo devices have captured more than 80% of the market for voice-controlled devices, and Amazon Web Services posted 2017 revenue of $17.5 billion. For the current fiscal year, analysts forecast revenue of $236.96 billion and have a 12-month consensus price target on the stock of $1,820.20.

Source: Jijithecat / Wikimedia Commons

3. Alphabet Inc. (NASDAQ: GOOGL)
>Market Cap: $755.33 billion
>Revenue: $110.86 billion [December]
>Net Income: $12.66 billion
>Shares outstanding: 298.49 million
>Employees: 80,110

The parent company of the world’s dominant search engine also owns YouTube, arguably the world’s leading online streaming video platform. The company rakes in about 36% of all U.S. online ad spending. The company said in April that its total purchases of renewable energy exceeded the amount of electricity used by all of its operations around the world. For the current fiscal year, analysts forecast revenue of $136.16 billion and have a 12-month consensus price target on the stock of $1,254.30.

Source: jejim / iStock

4. Microsoft Corp. (NASDAQ: MSFT)
>Market Cap: $751.73 billion
>Revenue: $89.95 [June]
>Net Income: $21.2 billion
>Shares outstanding: 7.7 billion
>Employees: approximately 124,000

Microsoft is locked in a battle with Amazon and IBM to be the top provider of commercial enterprise cloud services. In the March quarter Microsoft beat both companies, posting revenues of $6 billion and a preposterous 93% year-over-year revenue increase in its Azure business. The 2-in-1 Surface and the Xbox game console are both selling well, and the company’s operating system and productivity software continue to grow. For the current fiscal year, analysts forecast revenue of $107.29 billion and have a 12-month consensus price target on the stock of $105.74.

Source: Stephen Lam / Getty Images

5. Facebook Inc. (NASDAQ: FB)
>Market Cap: $538.2 billion
>Revenue: $40.65 billion [December]
>Net Income: $15.93 billion
>Shares outstanding: 2.4 billion
>Employees: 25,105

Recent headlines about Facebook mostly focused on the company’s issues with data privacy. But the social media giant’s performance as an advertising platform cannot be overlooked. Facebook’s share of the online advertising market is 19%, second only to Google’s share. Combined, the two companies account for about 56% of the market. Ir remains arguable that the duopoly be able to navigate the brewing regulatory storm. For the current fiscal year, analysts forecast revenue of $56.55 billion and have a 12-month consensus price target on the stock of $219.83.