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FAANGs: who are the winners of the future?

FAANGs: who are the winners of the future?

The front runner in the tussle at the top of the global leaderboard of public companies differs depending on metric. Walmart (US:WMT) sells more products than any other company. In the year to January 2019, it reported $514bn (£393bn) of total revenues – more than twice the annual revenues of digital retailer Amazon (US:AMZN). Apple (US:AAPL) tops the profit table, with $13.7bn of net income in the three months to September 2019. For company assets, head to the banking sector where JP Morgan (US:JPM) has $2.8 trillion of total assets.

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