Apple Inc. has done it again (see TechMutineers chart). It commands the pinnacle of 2017's Top 15 TechMutineers, our exclusive list of the most influential tech companies in the global media, entertainment and creativity (MEC) sectors.
Based on their enterprise value in December 2017, including market capitalization but excluding their cash piles, the Top 15 TechMutineers are worth a combined US$5 trillion, compared to US$2.4 trillion in 2015.
Apple, which has impacted how consumers worldwide consume music and other entertainment the most via its iPhones, iPads and Mac computers, is valued at US$925bn in the ranking. Apple also landed the crown spot in our inaugural TechMutineers in 2015.
That amounts to 18% of the total Top 15’s worth. Apple’s contribution to the entertainment space looks set to soar following news last August that it is to spend US$1bn on original content.
Then, it surprised its rivals in December when it agreed to pay a reported $400m for Shazam, the UK music and image-recognition tech company.
Another A for Alphabet
The second most valuable 2017 TechMutineer at US$629bn is Alphabet Inc., owner of the search-engine goliath Google and YouTube, the video-sharing platform giving TV networks and streaming platforms like Netflix a run for their money.
The recorded-music labels have attacked YouTube for not compensating rights owners fairly from the advertising cash music videos lure to the platform.
But, in reaching an estimated 1 billion registered users, YouTube is also a hit with artists, who find it effective for connecting with existing and new fans.
Microsoft Corporation came in at No.3 at US$592bn in value. But the creator of the universally used Windows operating systems also knows how to play the video-games business.
Its Xbox line of consoles is a world beater. And with the launch of Xbox One X last November, Microsoft owns what Wired magazine described as possibly the world’s “most powerful console.”
Microsoft Studios, its games-development subsidiary, owns Sweden-based Mojang, the maker of Minecraft, the popular sandbox video game. And there are plans in invest in new games.
To find out more about our Top 15 TechMutineers, download TechMutiny Issue No.16