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How Well Our Favorite Tech Companies Fared This Year?

By SiliconIndia   |   Tuesday, 25 December 2012, 11:32 Hrs   |    1 Comments
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Bangalore: This year has been a high octane ride for the tech companies. There were many high profile releases, be it the products or services. Statista, an online statistics portal, had come up with list of the ten favorite tech giants according to their performance this year; considering their income, revenue and stock performance. While Apple and Samsung ruled the roost in terms of net income, LinkedIn has emerged as a golden child in terms of year-over-year growth, with whopping 89 percent revenue increase.    

#10 Facebook:

Net Income: lost $11 million through the period January to September.
Revenue Growth: 36 percent growth from Q1 to Q3 in 2012 over Q1 to Q3 in 2011
Stock Performance: Was lying between -50 and -100 percent category of value index, as recorded on the first day of trading in 2012
Overall Performance: 12 out of 30 (On 10 point scale; Net Income: 2, Revenue Growth: 8, Stock Performance: 2)

Facebook comes last on this list with the lowest overall performance. The world’s largest online social networking company which opened its gates for IPO this year, has also come up with services like paid posts that increase its visibility on the friends notification page. The company had come up with offers to attract the non-Facebook user to get registered on Facebook from their mobile, and get about a dollar worth of talk time. It also acquired the biggest photo sharing site Instagram.

Also read: 12 Tech Titans Struggling To Survive Doomsday

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Reader's comments(1)
1: Congratulations to those who were very successful and accumulated hundreds of millions. This has proven that they have the expertise and ability to earn and accumulate wealth.

Now I hope and pray that they also use the same expertise and ability to use the excessive wealth to benefit humanity and those in need. The benefits will be the prayers and good wishes of the millions who will benefit and be able to improve the quality of lives.

Further it will have domino effect where those who benefit to-day and become rich will help others later.

This is the best legacy for which they should be remembered and not for just accumulation.
The honey bees are remembered for the honey which provides health to those who take it and not for the accumulation.
Posted by:Gursharan Singh - 26 Dec, 2012