25 October 2011

10 World's Richest Tech Companies in 2011

Technology is improving every day by producing new tech gadgets loaded with features. All the Tech Companies thrive hard to achieve success by implementing new ideas and bring new waves by generating excessive income. This makes them one among the richest tech companies in the present world.


Here are 10 Most Richest Tech Companies that have made their way to the list by giving freshness in creating tech products with the available technology.

Apple
Apple

Apple's iPhone and iPad have pushed the US technology company to top of the list of the richest technology companies as well as the most valuable global brands in 2011. The computer company has made tremendous growth strides since it introduced the first iPhone in 2007. Worth an estimated $348 billion dollars with a $76 billion dollars cash reserve, makes Apple more financially fit than the US Treasury Dept with an estimate $74 billion in cash reserves.

The company, which is based in Cupertino, California, has been on a roll with the popularity of its iPad tablet computer and strong sales of the iPhone.

Google
Google

Google is an American multinational public corporation invested in Internet search, cloud computing, and advertising technologies founded by Larry Page and Sergey Brin. Google hosts and develops a number of Internet based services and products, and generates profit primarily from advertising through its AdWords program.


Google was named as the strongest brand in 2010 and the company has held the number one position for the last four years. This year, Google's value drop by 2 percent to 111.5 billion.

IBM (International Business Machine)
IBM (International Business Machine)

International Business Machines is an American multinational technology and consulting firm headquartered in Armonk, New York. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.


IBM's value increases 17 percent to over a billion this year mostly due to its ThinkPads which have been claimed as a great deal of the best business laptops. This value helps the company ranks at the third place in the list of the world's richest technology companies.

Microsoft
Microsoft

Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Microsoft's brand is estimated to $78 billion. It is placed as the world's fourth richest technology company.
Amazon.com
Amazon.com

Jeff Bezos founded Amazon.com, in 1994 and the site went online in 1995. The name Amazon.com was chosen because the Amazon River is one of the largest rivers in the world and so the name suggests large size. Amazon.com started as an online bookstore, but soon diversified, selling DVDs, CDs, MP3 downloads, computer software, video games, electronics, apparel, furniture, food, and toys.


Amazon is now the leading retail brand in the world. The value of the world's fifth richest technology company increases 37 percent in comparison to last year and is estimated at billion. 
HP
HP

HP is a technology company that operates in more than 170 countries around the world. Hewlett-Packard or simple called HP is named as the world's sixth richest technology company. Generated revenue of $3.7 billion, up 12%, accounting for 12% of total HP revenue.
RIM
RIM

The value of the world's seventh richest technology company RIM is down 20 percent this year compared to 2010. RIM's listed shares were down 20 percent to $23.58, after touching a low of $22.52 earlier. The sell-off, which wiped out $3 billion of RIM's market capitalization, underscored how bad times have become for the one-time Smartphone leader.
Facebook
Facebook

Facebook is claimed as the world's eighth richest technology company this year. Facebook is now number one in display advertising, which is a $2 billion business for them. Facebook is the enabler of social games, which is now a multibillion dollar industry, and takes a cut through advertising and credits.
Intel
Intel

An exploding market for microprocessors used in cloud computing servers led to a 162% jump in Intel's earnings though the company was late to get into tablets. In addition, its chips strengthen many of the games and tasks used on tablets. With the company's value of over $13 billion, it holds ninth position in the list of the world's richest technology companies in 2011 belongs to Intel.
Samsung
Samsung

Samsung Electronics Co. Ltd., a leading mobile phone provider was mentioned as the world's tenth richest technology company in 2011. It announced revenues of 39.44 trillion on a consolidated basis for the second quarter ended June 30, 2011, a 4 percent increase year on year.


For the quarter, the company posted consolidated net income of 3.51 trillion, representing an 18 percent decrease year on year. Consolidated operating profit for the quarter was 3.75 trillion won.