Microsoft has hit $1 trillion in all-time revenue, and with more profit than Apple
He noticed the milestone while researching a post about Microsoft's tax breaks in the state of Washington.
Microsoft hit the milestone in its last quarter, according to the spreadsheet posted by Reifman.
Apple hit $1 trillion in revenue earlier, in 2015, his research shows.
On the other hand, when it comes to profits, Microsoft has come out slightly ahead of Apple: $261.6 billion in cumulative profits for Apple, and slightly more, $265.2 billion for Microsoft.
Amazon and Google, younger companies than Microsoft and Apple, have not yet hit the $1 trillion revenue mark, but are about half-way there, Reifman reports. Amazon, for instance, came in at $545 billion in all time revenue but only $3.31 billion in profit. (Amazon has famously not earned significant profits for most of its existence.)
As for Google, Reifman's research shows it has so far earned $417.3 billion in all-time revenue with $96.3 billion, cumulatively, in profit.
Microsoft declined comment.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- 2024 LS polls pegged as costliest ever, expenditure may touch ₹1.35 lakh crore: Expert
- 10 Best things to do in India for tourists
- 19,000 school job losers likely to be eligible recruits: Bengal SSC
- Groww receives SEBI approval to launch Nifty non-cyclical consumer index fund
- Retired director of MNC loses ₹25 crore to cyber fraudsters who posed as cops, CBI officers