Apple: Apple top vendor with $218 billion IT revenue in 2016 - News Summed Up

Apple: Apple top vendor with $218 billion IT revenue in 2016


MUMBAI: Apple was the largest vendor in 2016 with over $218 billion in IT revenue -- approximately $79 billion larger than Samsung (with $139 billion) at second spot, Gartner said on Tuesday. Google with $90.1 billion was third, Microsoft with $85.7 billion at fourth spot, and IBM with $77.8 billion was at fifth position when it came to IT revenue in 2016. CEOs are focused on growth and are more focused on realising business outcomes from their IT spend," said John-David Lovelock, Vice President and Distinguished Analyst at Gartner. "The 'Nexus of Forces' has been the focus of attention for many years. However, the impact of digital business is giving rise to new categories," he added.


Source: Economic Times June 20, 2017 07:52 UTC



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