Last year, Apple announced, for the first time in over a decade, that iPhone sales revenue growth came to a crashing halt, it was largely due to the soft iPhone sales and the slowdown in China. But that didn’t make Apple turn over its crown as the most valuable company in the world.
In recent years, tech giants have been dominating the market with the emergence of affordable hi-tech smartphones. There was one time in May 2016 when the top 5 most valuable companies were all tech companies. It was unprecedented; with tech companies beating oil companies, retail, health care, energy.
The following are the top 7 publicly traded companies you may want to bet your money in.
Market capitalization: $625.9 billion
Year founded: 1976
Market capitalization: $553.9 billion
Year founded: 1998
Market capitalization: $468.9 billion
Year founded: 1975
Market capitalization: $380.2 billion
Year founded: 1994
Market capitalization: $379.8 billion
Year founded: 2004
6. Johnson & Johnson
Market capitalization: $315.7 billion
Year founded: 1886
Market Capitalization: $182.2 billion
Year founded: 1892