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Ever wondered how much the companies you own earn every second? Speculate no further because our friends at Statista have answered the question for us.
The FAMGA group of companies made $300 billion in net profits from $1 350 billion of revenues over the past year. This is thanks to an increase in profits of 59% for Meta Platforms (Facebook), 51% for Amazon, 43% for Microsoft, 98% for Google, and 65% for Apple. Absolutely incredible!
The infographic below shows how much net profits are generated per second by these selected tech companies in 2021. For comparison purposes, the biggest winners of Covid-19, the vaccine makers Pfizer, BioNTech, and Moderna combined, only made $1 000 in profits per second.
You will find more infographics at Statista