News

Leading tech companies wealthier than most countries, research reveals

Research from MacKeeper suggests that some of the world’s biggest tech companies control a hefty portion of the world’s economy. Analysis of the current valuation of Apple, Microsoft, Amazon, and others, and its comparison to the GDP of different countries on a map, reveals some interesting results.

For instance, Apple, one of the tech giants that has been nearly unaffected by the COVID-19 pandemic, is richer than 96% of the world, with a valuation of $2.2 trillion. Only seven countries currently outrank the maker of the iPhone financially. The report suggests that, given Apple’s current growth trajectory, it could one day overtake the USA’s $21 trillion to become the world’s wealthiest entity.

Microsoft‘s significantly lesser valuation of $1.8 trillion still is enough money to put it on a par with all of Canada. Overall, only nine countries are worth more money than the developer of Windows.

Whilst Facebook does not cut it, when it comes to the companies with the highest value, a market cap of $763 billion still makes it a huge global player on the world stage. Facebook is wealthier than Switzerland, Sweden, and the UAE combined and would rank as the 26th wealthiest country in the world.

Despite providing a service that we all likely use nearly every day, Amazon is valued at “only” $1.6 trillion. This means that the company makes more money than 92% of the world. MacKeeper went a little further and revealed that Amazon makes $351,531 per employee annually, which is more than the world’s highest GDP per capita.

Source: Mackeeper

Read More: Big Tech CEOs release opening statements ahead of Antitrust hearing.

Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Leave a Comment
Share
Published by
Ahsan Zafeer

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago