The group of American tech giants, known as GAFAM, made about $ 300 billion in net profits during the 12 months ending September 30, 2021, after generating $ 1.35 trillion in revenue.
This comes after companies including Google, Amazon, Facebook, Apple and Microsoft have benefited greatly from the booming digital economy since the start of the pandemic, as American tech giants demonstrated great financial strength during the pandemic.
And compared to the previous 12-month period, their profits exploded, as Microsoft’s profits increased by more than 43%, while Amazon’s profits grew by more than 51%, and Meta (formerly Facebook) experienced growth. by 59%, while Apple achieved a 65% increase in profits, and Alphabet (the parent company of Google), was the most in growth with 98% of profits.
While the huge sums these companies make are disconnected from our reality, the German data company “Statista” has reformulated the profits of the tech giants for a shorter period of time, in so that profits are compared to the second.
Based on Apple’s net profit for the period from October 2020 to September 2021, the iPhone maker made a staggering $ 3,000 per second during this period, allowing it to maintain its throne as the most profitable company in the world. questyear, followed by Alphabet and Microsoft, as Earnings $ 2,239 and $ 2,153 per second, respectively, and Meta comes in fourth place with $ 1,278 per second, compared to Amazon’s $ 833 per second.
Compared to famous vaccine companies, which benefited from a vaccine patent boom that dramatically doubled their profits questyear, Pfizer, Biontech and Moderna’s combined profits will be $ 1,000 per second for 2021 before tax.
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