They are the biggest tech companies, Silicon Valley gods and the five most valuable public companies in the world. The name “Frightful five” was coined by a New York Times writer to refer to Amazon, Apple, Facebook, Microsoft, and Google.
What makes them frightful, first of all, is the fact that they are very big and they play huge roles in our everyday lives, societies and economies at large.
Although, the tag has been met with criticism citing instances of past tech giants such as IBM and Hewlett-Packard who were all labeled to be victims of ‘creative destruction of an innovator’s dilemma’ – a situation which occurs when new technologies causes great firms to fail.
In no particular order, they are:
Amazon is an American electronic commerce and cloud computing company and by Jeff Bezos in 1994.
Its brand value and brand revenue stands at $54.1 Billion and $133 Billion respectively.
Apple Incorporation designs, develops, and sells consumer electronics, computer software, and online services. The company’s hardware products include the fashionable iPhone Smartphones, the iPad tablet computer amongst other Apple brands. It was founded in 1976 by the Late Steve Jobs and his fellow colleagues.
Its brand value and brand revenue stands at $170 Billion and $214.2 Billion respectively.
Facebook is an online social media and social networking service company. It was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students
Its brand value and brand revenue stands at $73.5 Billion and $25.6 Billion respectively.
Microsoft Corporation is a multinational technology company which develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and services. It was founded by Paul Allen and Bill Gates in 1975.
Its brand value and brand revenue stands at $87 Billion and $85.3 Billion respectively.
Alphabet Inc. aka Google
Google is an American multinational technology company that specializes in Internet-related services and products. It was founded in 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University, in California.
Its brand value and brand revenue stands at $101.8 Billion and $80.5 Billion respectively.