Thursday, December 1, 2022

ਵਾਹਿਗੁਰੂ

spot_img


Apple makes about Rs 1.5L every second, Microsoft pockets Rs 1.1L

New Delhi, Nov 24, 2022- Do you know how much profit Apple makes every second? It is a staggering over $1,820 (over Rs 1.48 lakh), making the iPhone maker the world’s most profitable company — generating about $157 million (more than Rs 1,282 crore) a day.

Fellow tech giants Microsoft and Alphabet (the parent company of Google), as well as Warren Buffet’s Berkshire Hathaway, also draw in more than a thousand dollars each second, which works out at over $100 million a day, according to new research by Tipalti, an accounting software financial technology business.

At second spot, Microsoft makes about $1,404 (Rs 1.14 lakh) per second and Berkshire Hathaway $1,348 (about Rs 1.10 lakh) a second.

“To put this into context, the average worker in the US is projected to earn $1.7 million in their lifetime, meaning the average American will earn less in their lifetime than every company on this list earns an hour,” according to the research.

The average annual salary in the US is $74,738, or $1,433.33 per week, meaning that Apple makes $387 (27.01 per cent) more per second than the average American worker makes in a whole week.

While Alphabet makes $1,277 per second at the fourth spot, Meta Platforms generates $924 in profit every second.

At the other end of the scale, Uber Technologies made a huge loss of $6.8 billion in 2021, equating to $215 every second. Despite being the world’s largest ride-hailing app, Uber has famously never turned a profit.

General Electric saw the biggest increase in year-on-year profits of $10.68 billion, while Meta Platforms (formerly Facebook) is close behind with a profit increase of $10.66 billion, according to the research.

Online retail giant Amazon saw the third largest increase in profits, making $9.74 billion more in 2021 than they did in 2020.  (Agency)

Subscribe to YesPunjab Telegram Channel & receive Important News Updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

spot_img
spot_img

Stay Connected

45,610FansLike
114,073FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Langah case: Giani Harpreet Singh committed ‘contemptuous irreverence and aberration’ towards Sikh doctrine – by Bir Devinder Singh

Chandigarh, November 30, 2022 (Yes Punjab News) Giani Harpreet Singh Head priest of Sri Akal Takht, while pronouncing the religious punishment to Mr. Sucha Singh...

Why India must step up its global campaign to nail Pak-sponsored terror – by Kanwal Sibal

New Delhi, Nov 30, 2022- The 14th anniversary of the gruesome Mumbai terror attacks has gone by without its perpetrators being brought to justice....

Nadav Lapid must meet Kashmiri Pandits, visit Wandhama, Nadimarg – by Deepika Bhan

The first reaction to Israeli filmmaker Nadav Lapid's statement on 'The Kashmir Files' was that of shock and disdain. How could a tragedy be...

SPORTS

Health & Fitness

Simple urine test can reveal early-stage Alzheimer’s disease

New Delhi, Nov 30, 2022- A simple urine test can reveal if someone has early-stage Alzheimer's disease, potentially paving the way for an inexpensive and convenient disease screening. Researchers found that urinary formic acid is a sensitive marker of subjective cognitive decline that may indicate the very early stages of Alzheimer's disease. To reach this conclusion, the researchers tested a large...

Gadgets & Tech

error: Content is protected !!