The days of oil companies running the world are quickly coming to an end. Now it’s global tech companies that have the largest market capitalization (value) because they are connecting the world instantly without the need for oil.
Here are today’s market cap ranks of the Top 7 tech companies around the world…
- Apple Market Cap: $888.95B
- Google/Alphabet Market Cap: $723.98B
- Microsoft Market Cap: $645.87B
- Amazon Market Cap: $549.09B
- Facebook Market Cap: $528.45B
- Tencent (WeChat) Market Cap: $522.27B
- Alibaba Market Cap: $488.92B
The Top 3 companies, Apple, Alphabet and Microsoft all produce hardware and software, and they all control the consumer Operating System markets (iOS, Android and Windows respectively). Controlling the OS markets means you also control the payments for products sold on these operating systems.
There are an estimated 3.9B internet users worldwide out of a 7.6B global population. On average, we add another 200MM new Internet users annually as the Internet is brought to developing worlds.
There are over 2.9B worldwide social media users according to the combined reported numbers of Facebook and Tencent. In other words, approximately 75% of global Internet users can be found on Facebook or WeChat. Facebook generated approximately $9B in advertising revenue last quarter alone with their reported 2B daily users across their social apps (Facebook, Instagram, WhatsApp, Messenger).
Of course, Amazon and Alibaba are in a race for controlling the online consumer goods marketplace sector of the Internet among other things. What makes these companies so successful is that they are responsible for transacting a DOUBLE DIGIT percentage of the GLOBAL GDP where they take a cut from every transaction. Pretty powerful when you think of the US GDP, which last year alone was over $18 Trillion.
The irony is that social media apps and marketplace apps are both media companies, only with different revenue models. Both bring businesses together with consumers.
Social media generates revenue through “Cost per Click” and “Cost per Impression” advertising, and marketplaces do it on a commission basis as transaction fees when you make a sale. This is called “Cost per Action/Exchange” or “CPA/CPX”. What makes marketplaces so powerful is the data that itemizes the top selling products. The largest marketplaces are then able to manufacture targeted products and undercut the top vendors, thereby increasing the margins on top selling products from 10%-15% up to and beyond 50%, depending on the manufacturing costs. This model is how Amazon has begun to take business away from companies like Walmart and Target, and is why they are more valuable than Facebook.
There will eventually be several trillion and multi-trillion dollar companies, and even the world’s first TRILLIONAIRE.
However, I believe there will only be two opportunities in the near future for this to happen…
The first company to perfect an augmented reality device (the next-gen iPhone without the phone) will become the dominant player in the hardware/OS sector with the opportunity to reach a $1 Trillion+ market cap.
The first company to successfully merge social and eCommerce (ie. Amazon meets Facebook) using real life relationships to influence product sales will become the dominant player in the social/marketplace sectors with the opportunity to reach a $1 Trillion+ market cap.
I’m not the only one to see these trends and the future of these markets…
Apple launched the iPhone X with facial recognition and AR technology, in attempt to bridge the AR gap, while they are likely slaving away at a new AR device to compete in the next-gen hardware space. Apple recently purchased AR/VR startup Vrvana for $30MM.
Google/Alphabet had a failed launch of their cyborg Google Glass, but that didn’t stop them from competing in the space. Rumor has it that they are working on another AR device, and they have leveraged their bets by investing billions into the AR startup MagicLeap based in Florida
Microsoft has opened the developer platform for their own AR device, HoloLens, which seems to be picking up traction.
Even Facebook spent over $2B acquiring VR company Oculus, but I believe they went into the wrong direction choosing VR instead of AR since VR is fully immersive and not practical for real life applications.
This year Facebook announced Marketplace, which is the first step towards becoming a transaction platform. If my prediction is correct, they will begin offering a platform for people to transact payments within their marketplace in the near future.
Amazon announced this year their new social chat app, Anytime, that they are launching into their marketplace.
WeChat has been a massive social-commerce Super App in China for a couple of years now, which is why they are the largest market cap company on the HK Exchange. They would be a Trillion dollar company if they were popular outside of China.
Up and Coming…
Webtalk is a newcomer in the social-commerce space that has invested years and millions of dollars designing and engineering the next generation patent-pending social-commerce platform that harnesses the power of real-life relationships to conduct more credible transactions with people and businesses inside of close networks. The idea is that close relationships influence all transaction types in real-life through recommendations by people you know and trust, and that should be duplicated online. Doing so would also localize business again and help communities grow together.
Webtalk is also doing something never done before. It is sharing up to 50% of all revenue FOR LIFE back to the users for helping build the network, which could end up being in the billions of dollars.
Watch the video below for more details about Webtalk.
There are many things that make Webtalk better than the competition…
Targeted and more visible communication (stop spamming your network with irrelevant content and save time by getting the content you want when you want it)
Customizable profiles that look and feel like a beautiful responsive website, not a social media profile, that offers the ability to showcase your talent (photos/videos/files) to your profile visitors
Patent-Pending contact management features that finally enable you to give your online social media relationships a value for future uses.
Patent-Pending content management features that allow for mass consolidation of your data with easy-access file folders and search.
Revenue-sharing for life. No other community offers this feature, so no matter if you earn $10/mo or $10K/mo, it’s still more than the competition offers.
Many more benefits are coming in the way of collaboration and commerce.
Webtalk is exclusively invitation-only, and only current users can invite new users as a way of keeping relationships together and tracking referrals.
If you are a current Webtalk user, share this article and place your referral link in the comments after you share it.
If you want to become a Webtalk Beta user, look for the referral link of a current user in the comments. Enjoy and happy inviting!