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Myron McKinley Trio - Man In Mirror

Tech Companies Experience Large Growth

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With new product launches and increased jobs investments, the nation’s largest technology titans are projecting considerable growth in 2018.

With combined revenue growth of nearly 16 percent and over $146 billion in new profits, the ten largest tech companies will exceed $1 trillion in sales. Apple is experiencing the largest profit gains with anticipated sales reaching nearly $300 billion, $44 billion coming from the iPhone X alone.

Amazon will add $51 billion in sales over 2017, accounting for a 29 percent increase. Along with Facebook’s 34 percent growth and Alphabet’s 19 percent growth, the tech industry in adding almost half a billion dollars in new sales each day.

Despite experiencing its largest ever value in 2017, the NASDAQ is anticipated to climb even higher with the added sales in 2018.