The secrets of big tech
We dig inside the finances of Apple, Amazon and others
AMERICA’S TECH giants make ungodly amounts of money. In 2021 the combined revenue of Alphabet, Amazon, Apple, Meta and Microsoft reached $1.4trn. These riches come from a wide and constantly expanding set of sources, from phones and pharmaceuticals to video-streaming and virtual assistants. Analysts expect the tech quintet’s combined sales to surpass $340bn in the first three months of 2022, around 7% more than in the same period last year.
This article appeared in the Business section of the print edition under the headline “The secrets of big tech”
From the April 30th 2022 edition
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