Here Are The 20 Most Profitable Tech Companies In Fortune Global 500 List, 2017
With an annual profit of $45.6 billion, Apple was ranked as the world’s most profitable tech company, according to the Fortune Global 500 2017 list. Alphabet, with an annual profit of $19.48 billion, ranked No 2 on the elite list of the most profitable tech companies, closely followed by Samsung Electronics, with an annual profit of $19.32 billion.
Rounding out the top 10 most profitable tech companies slots below Apple, Alphabet, and Samsung are: Microsoft ($16.80 billion), IBM ($11.87 billion), Cisco ($10.74 billion), Intel ($10.32 billion), Taiwan’s TSMC ($10.28 billion), Facebook ($10.22 billion), and Oracle ($8.90 billion).
In the 2017 edition of the Fortune Global 500 list, Asia is now home to 197 companies, followed by North America (145 companies) and Europe (143 companies), and the rest of the world has a mere 15 companies on the list.
The 20 Most Profitable Tech Companies In Fortune Global 500 List, 2017
- Apple
Fortune 500 Rank: No. 9
2016 Profits: $45.69 billion - Alphabet
Fortune 500 Rank: 65
2016 Profits $19.48 billion - Samsung Electronics
Fortune 500 Rank: 15
2016 Profits $19.32 billion - Microsoft
Fortune 500 Rank: 69
2016 Profits $16.80 billion - IBM
Fortune 500 Rank: 81
2016 Profits $11.87 billion - Cisco Systems
Fortune 500 Rank: 187
2016 Profits $10.74 billion - Intel
Fortune 500 Rank: 144
2016 Profits $10.32 billion - Taiwan Semiconductor Manufacturing (TSMC)
Fortune 500 Rank: 369
2016 Profits $10.28 billion - Facebook
Fortune 500 Rank: 393
2016 Profits $10.22 billion - Oracle
Fortune 500 Rank: 280
2016 Profits $8.90 billion - Alibaba Group Holding
Fortune 500 Rank: 462
2016 Profits $6.49 billion - Tencent Holdings
Fortune 500 Rank: 478
2016 Profits $6.18 billion - Qualcomm
Fortune 500 Rank: 460
2016 Profits $5.70 billion - Huawei Investment & Holding
Fortune 500 Rank: 83
2016 Profits: $5.71 billion - Honeywell International
Fortune 500 Rank: 260
2016 Profits: $4.81 billion - Hon Hai Precision Industry
Fortune 500 Rank: 27
2016 Profits: $4.61 billion - Accenture
Fortune 500 Rank: 305
2016 Profits: $4.11 billion - SAP
Fortune 500 Rank: 443
2016 Profits: $4.03 billion - Hewlett Packard Enterprise
Fortune 500 Rank: 181
2016 Profits: $3.16 billion - HP
Fortune 500 Rank: 194
2016 Profits: $2.50 billion
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