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Microsoft Hits $1 Trillion in All-Time Revenue, and With More Profit than Apple

They also beat Apple in cumulative profits

Key Speakers At The Microsoft Corp. Build Developers 2016 Conference
Satya Nadella, chief executive officer of Microsoft Corp., speaks during a keynote session at the Microsoft Developers Build Conference in San Francisco, California, U.S., on Wednesday, March 30, 2016. Nadella said his company is committed to playing a key role in the emerging market for artificial intelligence-based chat software, one week after the company’s first Internet chat bot in the U.S. was so manipulated by users that it had to be pulled down within a day of its introduction. Photographer: David Paul Morris/Bloomberg via Getty Images

Last quarter, Microsoft hit a major milestone: $1 trillion in all-time cumulative revenue reports technology consultant Jeff Reifman.

He noticed the milestone while researching a post about Microsoft’s tax breaks in the state of Washington.

Microsoft hit the milestone in its last quarter, according to the spreadsheet posted by Reifman.

Apple hit $1 trillion in revenue earlier, in 2015, his research shows.

On the other hand, when it comes to profits, Microsoft has come out slightly ahead of Apple: $261.6 billion in cumulative profits for Apple, and slightly more, $265.2 billion for Microsoft.

Amazon and Google, younger companies than Microsoft and Apple, have not yet hit the $1 trillion revenue mark, but are about half-way there, Reifman reports. Amazon, for instance, came in at $545 billion in all time revenue but only $3.31 billion in profit. (Amazon has famously not earned significant profits for most of its existence.)

As for Google, Reifman’s research shows it has so far earned $417.3 billion in all-time revenue with $96.3 billion, cumulatively, in profit.

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Article from: time.com

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Microsoft Hits $1 Trillion in All-Time Revenue, and With More Profit than Apple

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