Right now, tech companies are one of the biggest in the world, and their owners, some of the richest people on this planet. People like Mark Zuckerberg, Bill Gates, Larry Page are all owners or CEOs of tech companies and all three of them are on the 1st ten billionaires list. Tech actually pays.
However, presently a lot of these companies have growth potential which could at least double its current net worth when reached. One of these companies very likely to so that and which would mean becoming the 1st “trillion dollar company” is no one else but Microsoft.
Even though it currently is in third place – as regards its net worth – after Apple and Alphabet, Microsoft will be the first company to have a valuation in excess of one trillion dollars according to Equities.com analyst Michael Markowski. The current valuation of the top five publicly traded tech firms includes:
Apple $617 billion
Alphabet $548 billion
Microsoft $492 billion
Amazon $359 billion
Facebook $333 billion
While apple is closer to a billion than Microsoft, there are a few reasons why people think Microsoft can still grow actively.
First, Microsoft is a software company while apple is a hardware company. You would agree with me that software reaches more people than hardware. Also, talking about hardware, people are more inclined to be loyal to a brand of which Apple isn’t the only available brand which brings up a fierce competition in their market – that alone can hinder growth – while when it comes to software, Microsoft is undoubtedly the best leader.
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Moving further, putting in mind that Microsoft just bought LinkedIn, at just $60 for a subscriber who is likely to be in the working class, – Facebook paid $218 on average for each of its social media users – there is a very remarkable potential in that. In fact, if it had almost the same subscribers as the users on Facebook, then it could be raking in almost double of what Facebook is.
Well well, I am also convinced by Michael Markowski and hoping to Microsoft at the very top. Do you hope for same?