The year 1970 was particularly interesting because it was the year “The Beatles” broke up. It was also the year U.S. President Richard Nixon ordered an invasion of Cambodia, widening the war in Vietman. In the same year, a Palestinian revolt erupted in Jordan, resulting in PLO being expelled from the country by the King Hussein.
The year 1970 was also important in the business world because since that year, U.S. has given birth to 7 technology companies which are worth more than US$100 billion each today. So, which 7 U.S. tech companies founded after 1970 that are worth such a mind-boggling market capitalization?
Three of them were founded in the 1970s, one in 1980s, two in 1990s and one in 2000s. Can you name them? Listed in order of market capitalization, they’re Apple (1976), Google (1998), Microsoft (1975), Facebook (2004), Amazon (1994), Oracle (1977), Cisco (1984). Interestingly, Amazon is one of very few tech companies that had actually survived the “Dot Com” bust.
So, how much do they worth today? The most expensive of them all, Apple is worth close to a staggering US$700 billion, whereas the least expensive networking company Cisco is worth US$143 billion. Below is a glance of the financial information on the 7 tech companies that made it to the US$100 billion club since their foundation in 1970.
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July 30th, 2015 by financetwitter
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