Meta Generates Over $900 Profit Per Second – Here'S How Much Other Tech Giants Earn

meta-generates-over-$900-profit-per-second-–-here's-how-much-other-tech-giants-earn

By CNBCTV18.com Nov 25, 2022 8:25 PM IST (Published)Switch to Slide ShowSUMMARYBig tech companies like Apple and Microsoft are raking in thousands of dollars in profit per second, a new study by fintech software company Tipalti has revealed. While an average tech company makes profits of $182 per second, tech giants like Apple make a profit of over $1,820 per second. This means that if an average worker in the US earns around $1.7 million in their lifetime, it would be less than what some of the big tech giants earn in an hour, the study said. Here’s a look at how much profit some tech giants earn per second.1 / 5 Meta Platforms |  Mark Zuckerberg-led Meta Platforms, which is the parent company of social media giant Facebook, is fifth on the list generating a profit of $924 or Rs 75,349 every second. (Image: Shutterstock)2 / 5 Alphabet |  In the September quarter, Google’s parent company Alphabet earned a net profit of $13.9 billion, down 27 percent from a year earlier, even as its revenues climbed 6 percent to $69.1 billion. The company bagged the fourth spot on Tipalti’s list, making $1,277 or Rs 1.04 lakh per second. (Image: Shutterstock)3 / 5
Read More

Exit mobile version