World s Largest Technology Companies 2020 Apple Stays On Top Zoom And Uber



World’s Largest Technology Companies 2020: Apple Stays On Top, Zoom And Uber


DebutApple held its spot as the top tech company in the world, though it slid toNo. 9 overall. (Photo by … [+] HECTOR RETAMAL/AFP via Getty Images)AFP via Getty ImagesDespite slowdowns in manufacturing in China and tariffs putting pressure onprofit margins, technology’s influence on the global economy continued to growwith a record 161 companies on Forbes’ Global 2000 list measuring the largestpublic companies in the world. While other industries continue to bear thebrunt of the coronavirus crisis, many tech corporations are already emergingfrom the disruption and returning to full strength.Apple AAPL retained its position as the industry leader, though it droppedthree spots overall to No. 9 on the list, and Microsoft MSFT isn’t farbehind, rising to No. 13. Both stocks are nearing record highs again afterdipping with the rest of the market in February and March.Microsoft’s market value of $1.4 trillion was the largest in America andsecond in the world when data was compiled on April 30, and Apple was next at$1.3 trillion. Globally, the duo trailed only oil monolith Saudi Aramco inthat metric, and Google parent Alphabet GOOGL , Facebook and Chineseconglomerate Tencent are also among the top eight companies in the world inmarket value⁠. Although Apple is the only tech company in the top 10 in totalsales—Amazon AMZN is categorized as a retailer—investors are betting big onthe future.Alphabet is tied with Microsoft at No. 13 on the overall list, and Facebookand Tencent both rose into the top 50 behind chipmakers Samsung and IntelINTC . Cloud computing companies IBM IBM , Cisco and Oracle ORCL rounded outthe tech representatives in the top 100. Cumulatively, those 10 tech companiesin the top 100 have gained nearly $800 billion in market value since April2019.That figure is all the more eye-opening given that profits for those 10companies actually slightly declined in the same time frame. Import tariffs onsmartphones, laptops, tablets and other electronic devices made in Chinaloomed large over earnings reports across Silicon Valley last fall and winter.California remains the center of gravity for the tech world: six of those 10companies are based in the San Francisco Bay Area, and 45% of all the techcompanies on the list are headquartered in the U.S., compared with just 29% ofcompanies of the 2,000 companies on the entire list.Dell DELL was one major exception to the trend of stagnant profits and rosefrom No. 469 on last year’s list, shortly after its return to the publicmarkets in December 2018 through a landmark VMware VMW deal, to No. 127 thisyear. Despite a significant decline in its share price that wiped billions offof founder and CEO Michael Dell’s personal fortune, his company posted $4.6billion in profits in the last 12 months after suffering operating lossesthrough 2018 and the first quarter of 2019.Uber UBER is the highest-ranking tech newcomer at No. 712, though it has beenfar from a success story since its IPO a year ago. Its stock fellprecipitously as the coronavirus pandemic upended the sharing economy, and its$8.5 billion in losses in Forbes’ data are the fourth-most of all 2,000companies on the list—and that doesn’t even include the $3 billion in first-quarter losses it reported last week after the list was finalized.Two other companies making their debuts after 2019 IPOs appear to havebrighter outlooks: Zoom and Slack. Neither is very high on the list—Zoom is1,601st and Slack is one of the cabooses at No. 1,990—but both have becomeubiquitous in the last two months for remote workers worldwide. When Zoom’searnings during the coronavirus era are taken into account in its next fewquarterly filings, don’t be surprised to see it make a big leap next year.The World’s Largest Tech Companies 2018: Apple, Samsung Take Top Spots AgainA view of Apple store facade at Hong Kong Times Square on May 24, 2018 in HongKong, Hong Kong…. [+] (Photo by S3studio/Getty Images)Though the U.S. remains on top, Asian companies are slowly inching their wayonto our list of the top technology companies in the world. Seven of thelargest tech companies in 2018 hail from the U.S. — down one from last year.But Apple remains the top player in the tech scene, not only ranking as thelargest tech company in the world, but also the eighth largest company in theworld on Forbes’ Global 2000 list. The company saw $247.5 billion in sales,$53 billion in profit, $367.5 billion in assets and a market cap of $927billion for the past year. Apple also ranked

1 last month on our list of


America’s Largest Public Companies, after rewarding its shareholders withplans to return another $100 billion via buybacks.Tech companies account for 130 spots spots on Forbes’ Global 2000, our annualranking of the world’s largest public companies. In total, tech companies from18 different countries are featured on this list. Though the Asia-Pacificregion had 59 companies on the list, the U.S. alone accounted for 54companies.In the U.S., Apple, Microsoft , Alphabet , Intel , IBM , Facebook andOracle made it onto the top 10.South Korea-based Samsung took second place yet again, and also ranked as the14th largest company in the world in 2018. It saw $225 billion in sales, $41billion in profit, $293 billion in assets and a market cap of $326 billion.China’s Tencent Holdings and Hon Hai Precision Industry were the two otherAsia-Pacific tech companies that broke into the top 10.New to the list this year is Spotify, which went public in April. The music-streaming service ranked 108th with a market cap of $27 billion. However, thecompany saw a profit loss of about $1.3 billion in the past year. Othernewcomers include China’s 360 Security Technology Inc., formerly called Qihoo360 before it merged into a shell company earlier this year, at

444 on the global list. The company saw


a loss of $1.4 billion in profits for the past year. Qualcomm also slipped onthis year’s list, falling 390 spots from the global list but still managing tograb the 28th largest tech company spot.The Global 2000 ranking is based on a composite score from equally-weightedmeasures of revenue, profits, assets and market value. The 2018 list featurescompanies from 60 companies that collectively account for $39.1 trillion insales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion inmarket value.For more coverage of the Forbes Global 2000 ranking of the world’s largestpublic companies, see below:Forbes’ Full List Of The Global 2000Global 2000: The World’s Largest Public Companies 2018Top 5 Best Companies For Tech SupportIf you missed it, yesterday I gave you my top 5 companies with the worst techsupport. Upon popular request, I’, going to give you my Top 5 Best CompaniesFor Tech Support. Again, this list is subjective but based on feedback I havegathered along with personal experience.5. LogitechThey make the best mice and keyboards around in my opinion, and their supportis really great. It is extremely easy to talk to a Support Agent or start anRMA. They always seem willing to help, and if you have concerns, they seemvery responsive on Twitter as well.4. KodakWhether it’s a printer or a camera, Kodak has tremendous Tech Support witheven better warranty practices. They are easy to talk to, knowledgable andquick to get the problem resolved. They will send parts to your door quickly,or send a replacement device without needing a signed note from PresidentObama.3. LenovoThey make some of the best PC Laptops in my opinion, and their support backsit up. Their knowledgable support technicians can solve most problems over thephone, but when they can’t they’re immediately ready to get a service orderstarted. Sometimes a little hard to understand for us English dialects, buttheir agents understand that.2. Monster CableThere cables are extremely overpriced, but this premium comes with somebenefits. Their products are reliable and easy to use, and the people on theother side of the phone are friendly and helpful. Plus, if their productfails, they will go above and beyond to make the situation right. Dr.Dre wouldbe very proud!Honorable Mentions: These companies didn’t make the list, but there effortsdeserve a little pat on the back: Nintendo, NewEgg, Epson, Canon, Linksys(Cisco era), Seagate.1. AppleIf you didn’t see this coming, you have never used Apple support. These guysare so good, sometimes I call just to talk. Apple is the best as their tech’sare friendly, responsive, helpful and efficient. To setup a call, you can evengo online and have them call you. You can also type in all the basicinformation so you don’t have to tell them over the phone‘That is Cooke with an ‘E’ AT THE END!”All of this, coupled with reliable products and quick service turn-aroundsmake Apple the hands-down winner. Sorry to all the Apple haters out there, butthis is not even an argument.Got a company that has treated you right? Give them a shout out down below. Iam sure that this list could have a lot of different companies in it, so letshere it!The Top 15 Companies That Sponsor H1B VisasThe H-1B visa is your ticket to staying and working in the US after yougraduate, and H-1B visa sponsorship is a highly coveted route to post-graduateemployment for international students.You can stay in the US for up to three years on an H-1B visa, which can thenbe extended for a further three years.To get an H-1B visa, you need to be sponsored by an employer, who willpetition the United States Citizenship and Immigration Services (USCIS) onyour behalf.The list of the top companies that sponsor H-1B visas is dominated by techcompanies and consulting firms, a sign of how the market for talent isshifting. Tech companies are increasing the number of MBAs they hire year-on-year.Here are the top 15 companies that sponsor H-1B visas*, based on visasapproved in 2020:* * *

14. Apple


748 visas approvedApple is one of the biggest tech companies in the world, and you don’t get toa market valuation of more than $1 trillion without top talent in the ranks.With tech companies also on an MBA hiring binge, expect the number of H-1Bvisa petitions to increase in the coming years. Apple consistently hires gradsfrom top schools like the Duke Fuqua, Harvard Business School, and NYU Stern.* * *©PhillDanze / iStock* * *

13. Tech Mahindra


861 visas approvedIndian multinational tech company, Tech Mahindra, has offices across the US.The firm provides information technology and business processing outsourcingservices and is among the top companies that sponsor H-1B visas forinternational MBA talent.The firm states on its LinkedIn page that it’s focused on leveraging next-generation technologies like 5G, blockchain, cybersecurity, and artificialintelligence, perfect for any tech-savvy MBA grads looking to enter the techspace.* * *

12. Wipro Limited


1,003 visas approvedWipro Limited is another Indian multinational looking for international MBAtalent in the US. The firm is a global information technology, consulting, andoutsourcing company.It’s also on LinkedIn’s list of best companies in 2021 to grow your career,with good salary, flexible working, and stock options listed among thebenefits.* * *

8. HCL America


1,303 visas approvedHCL offers computer programming solutions, ideal for MBA graduates wanting toaccelerate or pivot their careers towards cutting edge technology.It works across industries, covering areas like the automotive industry,aerospace and defense, media and entertainment, healthcare, and capitalmarkets.The firm had an initial 1,303 H-1B visa petitions approved in 2020.* * *

7. Capgemini


1,413 visas approvedCapgemini is in the middle of a growth spurt and 2021 has been a good year sofar for the firm. The company is another in the realm of digital solutionsconsulting, and focuses heavily on consulting, digital transformation, tech,and engineering services.* * *

5. Microsoft


1,790 visas approvedMicrosoft hires 200 MBA graduates every year into its leadership developmentprogram alone—Microsoft Aspire Experience.Within the two years, you will mingle with your global cohort, meet mentors inleadership positions, and work across teams to develop future strategy withinthe company.With plenty of leadership positions open for top talent in the firm, it’s nosurprise Microsoft ranks among the top companies that sponsor H-1B visas.* * *

4. Cognizant Technology Solutions US


2,000 visas approvedBy this point you’ve probably realized the thread that runs through the listof top companies that sponsor H-1B visas: technology. Sitting just outside ofthe top three is another business consulting, IT and outsourcing firm,Cognizant.* * *

3. Tata Consultancy Services


2,409 visas approvedKicking off the top three companies that sponsor H-1B visas is TataConsultancy Services.The Indian multinational has a keen focus on app development, capacityplanning, consulting, payment processing, software management, and technologyeducation services.If you’re an international MBA graduate looking to stay in the US afterbusiness school, Tata is definitely a firm worth looking at.* * *©Sundry Photography / iStock* * *

1. Amazon


4,774 visas approvedAmazon hires waves of MBA graduates every year, and it’s no surprise the firmtops the list of companies that sponsor H-1B visas.H-1B visa sponsorship at Amazon is likely to increase in the coming yearstoo—the company plans to hire more than 1,000 MBAs in 2021. International MBAgrads can land jobs at Amazon in an array of areas, from finance and retail toproduct and program management.* * *©Sundry Photography / iStock* * *One thing is clear: tech companies are a good place for international MBAgraduates to look for post-business school careers. Although the H-1B visalottery doesn’t guarantee everyone who applies for a visa will stay in the US,there are clear benefits to targeting the top companies that sponsor H-1Bvisas.And since the Trump administration’s ban has expired, now’s a good time to bean international MBA grad in the US.* * *Next Read:Why Are Tech Companies Hiring More MBAs?* * **Data for this article was sourced from the United States Citizenship & Immigration Services, for the 2020 fiscal year. Figures reported are the number of H-1B petitions granted initial approval.

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