How much money can American technology giants make per second? Apple makes more than $1700 per second in 2020 From Columns

The following is the How much money can American technology giants make per second? Apple makes more than $1700 per second in 2020 From Columns recommended by recordtrend.com. And this article belongs to the classification: global economy , financial technology.

A new study by financial technology software company tipalti shows that Apple makes more than 1700 dollars (about 11376 yuan) per second in 2020, followed by Google parent company alphabet and Microsoft, which make more than 1000 dollars (about 6691 yuan) per second.

Tipalti created a landing page with a real-time counter showing the profitability of these companies and several major banks since the page was loaded. This list is based on the 2020 Fortune 500 and represents some of the most well-known but not necessarily the most profitable companies.

Data show that apple is one of the most profitable enterprises in the world, generating more than $152million in profits every day, equivalent to $1752 per second. The average weekly salary of the average American worker is $1237, which means that their income per week is less than Apple’s one second profit.

Apple’s profit in the second quarter was composed as follows: iPhone accounted for 53.5%, MAC accounted for 10.1%, iPad and wearable devices / accessories each accounted for 8.7%, and service business accounted for 18.8%. Apple’s daily profit reached a staggering $151386301.

The median household income in the United States is about $79900, which means that a family has to work for 1895 to earn a day’s profit from apple.

Microsoft and alphabet can also make more than 1000 dollars per second, but the company founded by Bill Gates makes 150 dollars more than alphabet, and it can also make 100million dollars a day. This figure is also staggering.

For Microsoft, cloud computing, personal computing and business productivity each account for about one-third of its profits. More than 90% of the profits of alphabet come from advertising and products such as Android, chrome, Google maps and Youtube.

Data map

Other technology companies on the list include Hewlett Packard, NVIDIA, Netflix, eBay, Tesla and Uber, although their money making speed is far behind that of apple and other three giants.

Read more from Netease Technology: the NASDAQ index of U.S. stocks fell by more than 4%, and the market value of the seven major technology giants evaporated 7 trillion yuan in three days. 2017 the Fortune 500: smart car manufacturer Tesla and artificial intelligence chipmaker NVIDIA were shortlisted for the first time in rave reviews: Microsoft, Sony and Tesla are one of the most annoying brands layoff FYI: in May, 2022, global technology companies laid off 16800 people, the highest number in two years EWEEK: top ten reasons for HP’s split into two financial report analysis: eBay’s financial performance in Q1 2012 was better than expected Kantar: in Q1, 2022, British consumers canceled about 1.5 million video subscription accounts, a record level Naifei: estimated “squid game” Netflix with a value of nearly $900million: 1q20 earnings conference call recording Disney + more than 50million users in half a year salute them Netflix: 1q21 net profit increased by 140.8% year-on-year, and 3.98 million new users were far less than expected Netflix: 4q20 revenue was $6.644 billion, up 21.5% year-on-year Netflix: 3q20 revenue was $6.44 billion, up 22.7% year-on-year Netflix: the growth of paid members in the first half of 2020 was comparable to that in 2019 Netflix: 2q20 earnings conference call recording double CEOs helped Faster development in the future Naifei: 2q20 revenue increased by 24.9% year-on-year to USD 6.148 billion, exceeding expectations

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