Apple Corporation’s current valuation is above $700 Billion; it stands alone as the largest corporation in the United States on the basis of valuation. For perspective, it has twice the value of the second largest corporation, and that means Apple is worth nearly twice the second most valuable company, the global oil giant Exxon Mobil valued at $385.4 billion. Warren Buffett’s Berkshire Hathaway Inc. is third at about $370 billion, and Google Inc. is fourth at $363 billion. Perspective is important since a few major things have happened with Apple in recent years. It has a new CEO, Tim Cook, and since the beginning of his tenure Apple’s stock has risen 104%. It turned in a record high report in the third quarter of 2014 with more than $18 Billion in earnings on $76 Billion in revenues.

Much of the revenue increase was due to opening the China market to the latest generation of the iPhone. Some say Apple cannot repeat this feat. However, it does not yet appear to be the limit, and Apple has more than one route for expanding markets. In addition to further Asian market growth for iPhones, Apple plans to introduce new products and innovations. Users rely on tablets and phones for everyday personal and business functions. Apple has not reached the apparent limits of its growth in the computer and computer-based devices field.

Some major trends are flowing with Apple as a central focus, including wearable devices and smarter iPhones. Personal communication devices must function at high speeds and offer high volume capacity for performing ever more complex arrays of tasks and functions. One must be able to talk, type, message, e-mail and perform basic commercial and business functions on a phone. The personal communication device must connect to the Internet from anywhere and connect with other devices over various platforms. With more computing services available through cloud computing, connectivity and function create a vast range of possibilities. Convenience and portability are remaining frontiers for information technology and mobile devices.

Facebook is another media and tech firm whose stock should reflect and excellent growth track. Facebook has new media advertising streams including Instagram that will provide significant additional revenues. Continued refinements in localization and metrics have made existing advertising and marketing services more productive and customizable. Facebook is well-positioned for a year of growth in 2015. One must consider that Facebook has more than a billion users worldwide with connections to billions more business organizations and persons; it is one of the largest companies on the Internet in terms of market capitalization. Its advertising and marketing platforms are part of the engine that drives a global economy with high levels of user engagement, data, and information. Facebook has mobile technology, and that is the largest growth sector among Internet users. Many analysts predict a substantial rise from its current stock price and a continuation of its overall pattern of growth.

Other Tech stocks to watch include mutual funds that follow some of the broader technology sector indexes. An ideal combination might include the great tech companies like Apple, Google, Microsoft, and others, but also with a mix of media firms. It would add manufacturers of the basic parts like semiconductors and chips. The segments of the tech sector tend to advance and fall in irregular patterns but in the end, a tech boom requires chips, semiconductors, and the machinery to produce them. The markets are global and much of the growth is in China, India, and other Asian markets.

A global tech fund offers opportunities to capture growth in U.S. companies and their allied foreign partners. T. Rowe Price Global Technology Fund (PRGTX) and USAA Science and Technology Fund (USSCX) are two funds that offer yields in the range of 19 percent or more; they provide investors a wide exposure to global technology sector growth. Both have excellent five-year records and past year growth. Their compositions include tech machine makers, and makers of critical parts. They offer exposure to China and Asian markets.