A global social media platform that needs no introduction, encompassing even the most remote territories around the world, Facebook absolutely sees to stopping in growth.
Facebook has completely revolutionized the networking space with users across every demographic imaginable. With acquisitions of WhatsApp and Instagram to name a few, Facebook has created a platform where people from around the world can communicate with each other and have removed almost all contingencies with regard to communication.
Facebook has seen an 11% increase in year-on-year revenue, with its operating income increasing by 29%- highly attributed to the requirements satisfied during the COVID-19 crisis.
To make it more simpler, a share of Facebook, that was valued at an average of $24.6729 in 2012 is worth a whopping $250 (value at the time of writing the article).Apple
Speaking with regard to the consumer electronics space, the brand image Apple carries is surreal and Apple products in recent times are viewed as more than just a status symbol.
Apple offers a plethora of products and services, such as the iPhones, iPads, MacBooks, smartwatches, wireless earbuds, Apple care, iCloud and the list goes on.
With their recent valuation of $2 trillion and with the recent share split, Apple stocks have become even more inclusive and the ownership of shares has seen a significant increase.
As of just Q3, the revenue earned from just its products has increased by 9.8%, with overall revenue growing by 10.9% and its net income growing by 12%. To bring more context, a stock valued at $75 in January 2020 is now worth $115 as of October 2020, seeing an overall increase of more than 50%.
Amazon Inc, incorporated as a multinational online retail chain is undoubtedly the market leader in its segment. With its diversification into digital content streaming platform, web-based cloud services, and artificial intelligence, the empire led by Jeff Bezos has become an unstoppable force around the world.
Amazon has signed deals with various multinational corporations to sell their products on the retail platform, with the most noteworthy being Apple products and Samsung products.
Amazon year-on-year revenue pertaining to AWS (Amazon Web Services) has seen an increase of close to 29% whereas the subscription-based service (Prime Video) has seen an increase of 29% as well.
In simple terms, a stock valued at $1705 in October 2019 is worth a whopping $3195 in October 2020. But with the shares being sold at exorbitant prices, investors may often turn a blind eye to this prospect.
Netflix is a subscription-based streaming service company with a user base of over 193 million, having its presence in over 190 countries. The company produces and distributes content from countries all around the world. The company completely revolutionized the content space, with content moving from a digital form (in the form of DVDs) to OTT (over the top). Netflix, being a fortune 500 company, sees no stopping.
With the large spike in demand attributed to the COVID-19 pandemic, Netflix has seen a significant increase in users resulting in a 55% rise in the price of shares.
Despite having major competitors like Amazon Prime and Hulu, the type of content available makes it fairly easy for users to make their choice.
Google is the leading internet search engine company in the world, driving 90% of the global market share. Google amasses revenue from various avenues like advertising, products such as the Google Pixel, and services such as Google suite, Youtube, etc.
Google’s Android platform is also undoubtedly the biggest software platform around the world, with almost every smartphone manufacturer inculcating the same onto smartphones.
Google share price has recently seen increases of about 175%, and as a result of work from home culture, its revenue from Google Cloud and Google Play saw impressive growth of 43% and 25% year on year respectively.