Top 5 tech companies earned over $72 billion in last 3 months, enough to buy a cake for everyone on Earth
India Today
All the major companies are sharing their earnings results for the latest quarter, that is from July to September 2021. And yet again, their profits are soaring. The top 5 -- Google, Facebook, Microsoft, Amazon and Apple -- have earned a little over $ 72 billion in profit within the last three months.
We all have wondered how much money companies like Facebook or Google make. After all, they give away most of their services for free. Or just how much money a company like Apple makes, selling its premium and expensive gadgets. A lot if you take a look at the recent quarterly results of the top tech companies. The five biggest of them -- Apple, Google, Microsoft, Facebook and Amazon -- declared their quarterly results this week and we can see that collectively, they earned over $72 billion (around Rs 5 lakh crore) in just three months.
So just how much is $72 billion? Here is something that will help you imagine it: this is enough money to buy everyone on Earth a cake. Or in other words, if a new-age Marie-Antoinette says "Let them eat cake," the top 5 tech companies can make it happen in an instant.