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