Apple, Amazon, Microsoft, Alphabet and Facebook had combined 2019 revenue of $899 billion and should have over $1 trillion in revenue in 2020. Most of the revenue gains will be from Amazon. Amazon has a 40% increase over its 2019 revenue. Amazon should have $320-350 billion in 2020 revenue. This would be about $80-100 billion in revenue increase. Apple will also have increased revenues. Apple has become the most valuable company in world and could surpass $2 trillion in market value. The big 5 could hit $7.5 to 8 trillion in combined market value in 2020.
Apple is trading at a market valuation of 1.90 trillion. Saudi Aramco is the number two global public company at $1.76 trillion. Apple is worth more than Shell Oil (115 billion) and Saudi Aramco combined. Apple is almost worth as much as Saudi Aramco and Chevron ($157 billion) combined.
BP (British Petroleum) is worth $73 billion.
Exxon Mobil is worth $177 billion.
China Petroleum is worth $66 billion.
Amazon is at $1.57 trillion. Microsoft is at $1.62 trillion.
Apple and the other big technology companies were 30% lower in February, 2020. Apple was at $1.42 trillion in market value and Microsoft was at $1.4 trillion.
Sources: Google Finance, Visual Capitalist
Written By Brian Wang, Nextbigfuture.com (Brian has index funds and tech shares and some apple shares)
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.