These companies are absolutely money printing machines at the scale we have never seen.
Some of the individual standout figures:
Apple’s trailing 12-month net income is around US$99 billion.
Microsoft’s trailing 12-month net income is about US$101 billion.
Alphabet (Google) is estimated around US$111 billion net income.
On revenue, one list shows: Amazon ~$670 billion, Apple ~$408 billion, Alphabet ~$371 billion, Microsoft ~$281.7 billion.
Have you ever read the soverign individual? He kinda predicted this. Tech companies will rise into unfathomably rich while the countries inability to tax foreign revenues will lead to the collapse of the nationstate.
These companies are absolutely money printing machines at the scale we have never seen.
Some of the individual standout figures:
Apple’s trailing 12-month net income is around US$99 billion. Microsoft’s trailing 12-month net income is about US$101 billion. Alphabet (Google) is estimated around US$111 billion net income.
On revenue, one list shows: Amazon ~$670 billion, Apple ~$408 billion, Alphabet ~$371 billion, Microsoft ~$281.7 billion.
Have you ever read the soverign individual? He kinda predicted this. Tech companies will rise into unfathomably rich while the countries inability to tax foreign revenues will lead to the collapse of the nationstate.