Silicon Valley’s top 150 public companies saw their most profitable year in history as they put the big recession behind them in 2010, according to the San Jose Mercury News’ annual SV150 report published Sunday.
The Merc’s list showed that the combined stock value of those 150 companies climbed to its highest level since the height of the internet boom in 2000. As noted, a kind of perfect storm has enabled a broad recovery among tech companies: the rise of new handheld gadgets such as the iPad, iPhone and Android devices; social networking’s growth; increased use of video online; more e-commerce; and corporations going back into technology-purchasing mode.
To read the full, original article click on this link: SV150 shows Silicon Valley recovery is in full swing — for big companies | VentureBeat
Author: Dean Takahashi
