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Apple became the leader in per-second revenue among the largest IT companies in 2023, earning $3 074 USD every second. During the year, the corporation earned $96.9 billion USD, according to the AltIndex report. This is reported by gazeta.ru.
IT giants demonstrated a strong recovery from the recession in the second half of 2022. This was made possible thanks to a significant reduction in operating costs.
By the end of 2023, the combined revenue of Google, Apple, Amazon and Microsoft was $1.6 trillion, and net profit was $290 billion. More than a third of this profit came from Apple.
Apple also outpaced its competitors in terms of revenue per second:
Microsoft:$2443
Alphabet:$2115
Amazon: $636
Apple's share price also increased by $390 billion over the past year. The company's market capitalization in February 2023 was $2.41 trillion, and now it has increased by 16%, reaching $2.8 trillion.