Top 10 most valuable tech companies around the world

^Apple

Apple was on the verge of folding up at one point. But since then, it has grown from strength to strength, changing the landscape of music and smartphones forever. The Cupertino-based tech giant retains its top spot with a market value of $1.38 trillion.

^Microsoft

Microsoft reinvented its core products multiple times, and that reflects in its growing market value. The Windows-maker comes in second in the list with a market cap of $1.27 trillion.

^Alphabet

Alphabet, Google’s parent company, hit the $1 trillion market value mark on Thursday. Apart from Google, Alphabet also owns Google X, its “moonshot” project.

^Facebook

Facebook might be next in line to hit the $1 trillion mark. Currently, its market value stands at is $632 billion. Despite being embroiled in one privacy scandals, the Facebook stock seems remain virtually unaffected. Facebook is currently trading at its $221.77, just a shade below its peak of $222.63.

^{Tencent Holdings}

Tencent Holdings, a Chinese conglomerate is the first non-US company in this list so far, with a market cap of $490 billion. Tencent is one of the biggest gaming companies in the world, and also holds Chinese rights to several popular franchises like Star Wars and James Bond.

^Samsung

Samsung is mostly known for its electronic products, but the Korean conglomerate has interests across industries in South Korea. Its market value is pegged at $350 billion.

^Intel

Intel, one of the biggest chip makers in the world, currently has a market value of $259 billion. Although it has seen tough competition from AMD in the recent past, its X86 chips continue to power around 80% of the computers around the world.

^{Cisco Systems}

Cisco’s current market value stands at $208 billion. It is known for its networking gear that caters to the needs of consumers as well as industry players. With Internet of Things (IoT) products expected to become more commonplace in the next decade, there could be a good reason for Cisco to boost to its value.

^Oracle

Oracle is known for its database management systems and enterprise software products. Its current market value stands at $177 billion, growing at a decent rate of 14% year-on-year.

^IBM

IBM is the oldest company on this list. Founded in 1911, IBM currently has a market value of $122 billion. IBM sold its popular ThinkPad consumer computer business to Lenovo in 2005 and now, its primary businesses include cloud computing, artificial intelligence, IoT and internet infrastructure.