The most expensive 5 technology companies in the world for 2017
Forbes Magazine has unveiled a list of the most valuable brands worldwide for 2017. Not surprisingly, the top five companies on the list are technology companies, with Apple leading the list for the seventh time in a row.
"Apple is selling iPhone phones at an average selling price of up to $ 700, which helps them make a big profit," said Forbes magazine editor Kurt Badenhausen.
The full list consists of 100 brands with a combined value of $ 1.95 trillion.
The most expensive 5 technology companies in the world for 2017
- Apple
For the seventh time in a row, Apple, the world's largest technology giant, topped the list with $ 170 billion. The company recorded a 10% increase over last year.
The most famous search engine, Google, came second with a value of $ 101.8 billion, a value that increased by 23% last year.
- Microsoft
Microsoft came in third with $ 87 billion. Bill Gates showed modest growth of 10 percent from last year.
Facebook, the social media giant, ranked fourth in terms of the most valuable companies in the world, with 73.5 billion dollars. The company posted huge gains of 40% from last year.
- Amazon
E-commerce portal Amazon has stood fifth on Forbes’ list of most valuable tech brands, with the online shopping website bearing a brand value of $54.1 billion. Amazon’s growth rate was phenomenal as it registered a staggering 54 percent growth in the last year!