Apple Inc. (AAPL) Earns $71,523 In Net Profit Every 60 Seconds

Apple Inc. (AAPL) Earns $71,523 In Net Profit Every 60 Seconds
ElisaRiva / Pixabay

Apple Inc. (NASDAQ:AAPL) has a cash hoard of more than $160 billion. That’s no secret. The moment you discover just how much money it makes, you’re going to want a hefty discount on your next iDevice. British payment provider WorldPay Zinc has put together a new, and fun, interactive graphic that show how much money Apple and other tech companies make per second, hour, and day.

Apple is the biggest profit-spinner

Click on this link. It has a clock showing you exactly how much revenue and profit each of the 12 technology juggernauts make by the second. The figures are showed after dividing each company’s revenue and profits for FY 2013 by the second. That’s a simple concept, but an interesting way to illustrate how much money they make.

Apple Inc. (NASDAQ:AAPL)’s $37 billion profit in 2013 works out to $71,523 per minute. Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) follows with $55,184 in net profit every minute. Microsoft Corporation (NASDAQ:MSFT) generates $44,220 in those same 60 seconds. Google Inc (NASDAQ:GOOG) comes in fourth with per minute profit of $23,587, followed by Hewlett-Packard Company (NYSE:HPQ) with $9,874. E-commerce giant eBay Inc (NASDAQ:EBAY) rakes in $5,515 every 60 seconds, followed by Facebook Inc (NASDAQ:FB) with $2897.

Fund Manager Profile: Kris Sidial Of Tail Risk Fund Ambrus Group

invest Southpoint CapitalA decade ago, no one talked about tail risk hedge funds, which were a minuscule niche of the market. However, today many large investors, including pension funds and other institutions, have mandates that require the inclusion of tail risk protection. In a recent interview with ValueWalk, Kris Sidial of tail risk fund Ambrus Group, a Read More, Inc. (NASDAQ:AMZN) earns $1,439 per minute. Interestingly, microblogging company Twitter Inc (NYSE:TWTR) is losing $1,246 every minute. And LinkedIn Corp (NYSE:LNKD) is the slowest earner of them all, with just $52 per minute.

Samsung beats Apple in terms of revenues

But when it comes to revenues, Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) is an absolute beast. The Korean company generates $415,132 in revenues per minute. Apple Inc. (NASDAQ:AAPL) is not far behind with $330,049. Hewlett-Packard Company (NYSE:HPQ) comes third in terms of revenues with $216,162. Microsoft Corporation (NASDAQ:MSFT) is ranked fourth with $150,336 in revenues per minute., Inc. (NASDAQ:AMZN) generates a revenue of $143,776, followed by Sony Corporation (NYSE:SNE) (TYO:6758) with $128,536.

Apple Inc. (NASDAQ:AAPL) shares were little changed at $531.09 at 9:38 AM EDT.

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