With the holiday shopping season in the rearview (phew), retail and revenues make for timely conversation topics. The dynamics of how and where we shop have shifted significantly, the crowded mall parking lots of yesteryear have given way to stoops crowded with Amazon packages. The concentration of revenue streams have migrated towards a few very large tech companies over the last 20 years, since the advent of the internet. The Big Five – Apple, Amazon, Alphabet, Microsoft, and Facebook – account for the lion’s share of global revenues, more than $800 billion last year.
Let’s take a deeper dive and see where these five giants make their money. In collaboraSave Drafttion with our friends at www.visualcapitalist.com – please enjoy the attached infographic. And we’d like to leave you with some additional optimism as we begin the New Year, so may the toasts you enjoyed as the ball dropped on 2019 be the first of many in 2020.
How Tech Giants Make their Billions
Disclosures
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The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.
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