A new study can today reveal how much profit the world’s biggest companies are making every second, with Apple revealed to be making over $1,820 every second!
New research, carried out by Tipalti has looked at the annual profit figures of 50 of the world’s best-known companies to find those that are making the most money per second.
The world’s biggest companies generate an incredible amount of money each year, with tech giants such as Apple posting annual profits of as much as $57 billion.
That’s more money than most of us will ever see in our lifetimes, so it can be difficult to get your head around the numbers and really visualise just how much the world’s biggest corporations are making.
Where it really hits home is when you see just how much money the world’s richest companies are making, not every year, but every day, hour and even second.
Company |
Sector |
Annual Profit |
Profit per |
Profit per |
Profit per |
Profit per |
|
|---|---|---|---|---|---|---|---|
| 1 | Apple | Technology | $57,411,000,000 | $1,820 | $109,229 | $6,553,767 | $157,290,411 |
| 2 | Microsoft | Technology | $44,281,000,000 | $1,404 | $84,248 | $5,054,909 | $121,317,808 |
| 3 | Berkshire Hathaway | Financials | $42,521,000,000 | $1,348 | $80,900 | $4,853,995 | $116,495,890 |
| 4 | Alphabet | Technology | $40,269,000,000 | $1,277 | $76,615 | $4,596,918 | $110,326,027 |
| 5 | Meta Platforms | Technology | $29,146,000,000 | $924 | $55,453 | $3,327,169 | $79,852,055 |
| 6 | JPMorgan Chase | Financials | $29,131,000,000 | $924 | $55,424 | $3,325,457 | $79,810,959 |
| 7 | Amazon | Retailing | $21,331,000,000 | $676 | $40,584 | $2,435,046 | $58,441,096 |
| 8 | Intel | Technology | $20,899,000,000 | $663 | $39,762 | $2,385,731 | $57,257,534 |
| 9 | Bank of America | Financials | $17,894,000,000 | $567 | $34,045 | $2,042,694 | $49,024,658 |
| 10 | Verizon Communications | Telecommunications | $17,801,000,000 | $564 | $33,868 | $2,032,078 | $48,769,863 |
2021 Biggest Profit Increases
Having carried out this same investigation looking at the profits of Fortune 500 companies in 2020, we wanted to compare our data to see which companies have increased their profits the most in a single year.
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. Online retail giant Amazon saw the third largest increase in profits, making $9.74 billion more in 2021 than they did in 2020.
