A new breakdown of companies which have made $1 Trillion in market capitalization finds that Apple is the leader among the firms in terms of profits per employee, making $435,000.
That’s with only 104,000 workers employed at the iPhone maker, the least in number of all the firms in the trillion-dollar-club.
Amazon, on the other hand with the most employees at 648,500 globally earns the least amount per worker, bringing in only $16,000 for each.
Apple, according to the trillion-dollar-club breakdown compiled by HowMuch.net, also is making the most in profits per employee with $59.5 billion, followed by Google’s parent Alphabet, which makes about $30.7 billion.
A new breakdown of companies which have made $1 trillion in market capitalization, according to HowMuch.net, finds that Apple is the leader among the firms in terms of profits per employee, making $435,000, while having only 104,000 workers, the least number
Tim Cook, chief executive officer of Apple, gestures to attendees at the conclusion of a keynote at the 2019 DreamForce conference in San Francisco. While the company leads firms in terms of profits per employee, making $435,000, it only has 104,000 workers, the least
Alphabet is the latest company to join the club, entering it earlier this month alongside Apple, Amazon and Microsoft.
The four companies have had market caps reach $1 trillion at some point to qualify for the analysis. A market cap refers to the total value of a firm’s shares of stock purchased by shareholders.
All the firms are based in the United States and have their primary business in the technology sector.
Topping the club in market cap value is Apple, with a market cap of $1.4 trillion.
Following next is Microsoft, with a market cap of $1.28 trillion. Alphabet is third with $1.02 trillion and Amazon with $0.93 trillion.
To compare Microsoft, the oldest of the firms has the second highest number of employees, with 144,000 employees workers, and it’s profits per employee are $115,000.
Alphabet, which has fewer employees with 114,000 workers, makes more in profits per employee, bringing in $269,000.
The company entered the breakdown after France suspended its digital tax, ending a possible digital trade war with the US. Both countries agreed to put down a dispute over tariffs until later this year, reports Seeking Alpha.
Satya Nadella, chief executive officer of Microsoft, speaks during a climate initiative event at the Microsoft Corp. campus in Redmond, Washington, on earlier this month. Microsoft has the second largest market cap of $1.28 trillion in a HowMuch.net breakout
Sundar Pichai, chief executive officer of Google parent Alphabet, delivers a speech on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday. Alphabet entered the trillion-dollar-club this month
Apple was the first company to make a market cap of $1 trillion. Its revenues of $266 billion are the highest in the group.
That’s where Amazon comes close with $233 billion in revenues.
The online retailer hit its $1 trillion milestone in November 2018, reports HowMuch.net. Its low profits per employee are due to its large, global workforce.
CEO Jeff Bezos has still reaped the rewards of those profits to become the richest man in the world with an estimated net worth of $115 billion, according to the Bloomberg Billionaire index.
Amazon CEO Jeff Bezos at the Amazon’s annual Smbhav event at Jawahar Lal Nehru Stadium, on January 16, 2020 in New Delhi, India. Bezos has reaped the rewards of the online retailer’s profits to become the richest man in the world with an estimated net worth of $115 billion
Amazon also has the most expensive stock of the firms in the trillion-dollar-club, selling shares at $1,879, as of mid-day trading Thursday.
Alphabet, as far as revenues, reports it makes $137 billion trailed by Microsoft, which reports $110 billion.