In the modern world, for every business to run smoothly and effectively, money is the cause, and incoming money is needed. When you try to spend, earn, or sell money into another activity, you need to keep track of it. Revenue explains how money is brought into the company by business activities. It helps to track, account, receive, and collect funds brought into the company. Revenue is ma used in business activities. Revenue is mainly from four sectors: sales order entry, shipping, billing, and cash collections. In other words, revenue is called sales on the income statement. There are two types of revenues every business has:
- Operating
- Non-operating
Operating revenue is when you receive your money from your main business activities. Non-operating Revenue is when you receive an amount from side activities, not through your main business activity. In this world, everything works on revenue. Many companies generally grow by increasing their revenue value. It is mainly affected by the price of a product or the services offered. Revenues affect a company growth in many ways.
Here are some Top 10 leading IT revenue companies across the world.
- Alphabet Inc.
- Microsoft Corporation
- Apple Inc
- Samsung Group
- Meta platforms
- Taiwan Semiconductor Manufacturing Co.
- Oracle Corporation
- Accenture plc
- Cisco Systems Inc.
- IBM
1. Alphabet Inc.
Alphabet Inc. is an American multinational company based in California, founded on October 2, 2015. Alphabet Inc. is one of the five biggest American technology companies and one of the largest technology companies by revenue in 2023. Google manages this company. This company engages in the business activity and operations of different companies. It has a market share of 91.9%. The Market value of Alphabet company is $ 1.3 trillion, the sale value is $282.8 billion, the revenue is $282 billion, and the employee size is 1,56,500.
2. Microsoft
Microsoft is one of the biggest multinational companies headquartered in Redmond, Washington. It was founded on April 4, 1975, and operates in 190 countries. The main goal of Microsoft is to create software for microprocessors. It aims to develop personal software systems and applications. Microsoft has advanced and developed products like Microsoft Windows and Microsoft Office. Students and professionals mainly use it. The Market value of Microsoft company is $2.3 trillion, the sales value is $207.6 billion, the revenue is $218 billion, and the employee size is 2,21,000.
3. Apple
Apple is one of the biggest multinational companies based in Cupertino, California, incorporated on April 1, 1976. Apple company holds the highest market capitalization in the world. It aims to develop many electronic gadgets like phones, tablets, iPods, computers, and laptops. It was the first successful computer company. The Market value of Apple company is $2.7 trillion, the sales value is $385.1 billion, the revenue is $383.29 billion, and the employee size is 61,200.
4. Samsung
Samsung is a multinational company set in Suwon, South Korea. Samsung Electronics is one of the largest tech companies. It develops many products like Samsung phones, Samsung laptops, and Samsung gadgets. Samsung is the second-largest Mobile production company in the world. The Market value of Samsung is $333.3 billion, the sale value is $220.1 billion, the revenue is $67 trillion, and the employee size is 2,70,372.
5. Meta
Meta is a US multinational company set in Menlo Park, California. Meta owns Facebook, Threads, WhatsApp, Instagram, and many other products. It is responsible for its operations. This company helps people connect by establishing communication and assisting people with small-scale and large-scale businesses. The Market value of Meta is $599.8 billion, the sale value is $117.3 billion, the revenue is $40 billion, and the employee size is 66,182.
6. TSMC (Taiwan Semiconductor Manufacturing Co.)
TSMC (Taiwan Semiconductor Manufacturing) is a multinational design and semiconductor manufacturing company based in Hsinchu, Taiwan. It has manufacturing plants across Taiwan, China, and the United States. It is the Second most valuable semiconductor company in the world. It aims to design and fabricate semiconductor and semiconductor devices. The Market value of TSMC is $432.2 billion, the Sale value is $45 billion, the revenue is $ 73.67 billion, and the employee size is 73,090.
7. Oracle
Oracle is a US-based multinational computer technology company based in Austin, United States. This company sells database software and other related technologies. Oracle was one of the third-largest companies by capitalization and revenue in 2020. The Market value of Oracle is $ 261.8 billion, the sale value is $48 billion, the revenue is $45 billion, and the employee size is 1,64,000.
8. Accenture plc
Accenture is one of the largest companies. It provides professional services like Strategy- Consulting, technology, and operations. It spread across financial services, communications, media, and technology. It offers services like software development, cyber security, and cloud computing. The Market value of Accenture is $ 63.1 billion, the sales value is $176 billion, the revenue is $ 64.11 billion, and the employee size is 7,33,000.
9. Cisco Systems
Cisco is a multinational digital communication technology company based in San Jose, California. Cisco helps to develop, produce, and manufacture hardware components and software types of equipment. It manufactures telecommunication and other related technologies. The Market value of Cisco company is $189.4 billion, the sale value is $ 53.2 billion, the revenue is $56.998 billion, and the employee size is 84,900.
10. IBM (International Business Machine)
IBM, known as International Business Machine, is an American multinational company headquartered in Armonk, New York. It has more than 150 companies spread across the world. IBM’s business consists of Global services, Cloud and cognitive software, and financing. The Market value of IBM is $112.3 billion, the sales value is $60.6 billion, the revenue is $ 61.170 billion, and the employee size is 2,60,000.
