Tuesday, May 24, 2016

world's biggest technology company

Drops to Second Place

has becomes the world's biggest technology company, after 2009 sales of its devices hit $117.8 billion.

, who was formally one in the technology sector, managed an impressive but not good enough $114.6 billion for the yr, some three billion less than .

A major drive in the market, camera market and memory chips have shot up the technology charts. It was obvious by its massive presence at CES 2010 that the company was destined to rch the top spot at some point this yr.

Gap in profits

The only sector where seems to have dropped the ball money-wise is in the mobile phone market.

Although its relsing a multitude of on to the market, Jae Lee, of Daiwa Securities, feels this is a place the company could strengthen, telling CNN: "Compare it with . There is still a gap in profit margins of their phone businesses."

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