Thanks largely to the COVID-19 pandemic that pushed even more activity online the FAATMAN companies have a collective market cap of $8.3 trillion. During that time the billionaire CEO’s of these companies became ever wealthier. The FAATMAN companies are tech titans Facebook (FB), Alphabet (GOOG), Amazon (AMZN), Tesla (TSLA), Microsoft (MSFT), Apple (AAPL), and Netflix (NFLX). The FAATMAN companies generate ridiculous amounts of revenue rate per minute.
| Company | Revenue Per Minute |
|---|---|
| Amazon | $ 955,517 |
| Apple | $ 848,090 |
| Alphabet (Google) | $ 433,014 |
| Microsoft | $ 327,823 |
| $ 213,628 | |
| Tesla | $ 81,766 |
| Netflix | $ 50,566 |
FAATMAN companies
Facebook‘s most recent quarter was a company best, generating almost $214,000 per minute or $27 billion in revenue. It hosted an average of 2.8 billion monthly-active-users on it’s platform. Over 1 of every 3 humans on Earth can be manipulated by Facebook.
Alphabet, the parent company of Google has the third largest market cap, made over $433,000 per minute. That means that Google can a Rolls Royce Phantom is less that 2 minutes. They finished 2020 with $182 billion in revenues. Furthermore, almost 4 billion Google searches occur every single day, making it the most popular website in the world. With the revenue of $433,000 per minute Google can purchase a Rolls Royce Phantom is less that 2 minutes.
Amazon most revenue per minute
Amazon made nearly 1 million dollars per minute. Most of this was made in the U.S. They also do very well around the world. For example, in 2020 they generated $29 billion in Germany, and $20 billion in revenues in Japan.
At this income rate Amazon can pay to send 2 people per minute on a suborbital space trip on Jeff Bezos‘ Blue Origin New Shepard rocket ship. Seats to the edge of space typically cost $500,000.
Tesla‘s almost $82,000 of revenue per minute is being driven by the growing Electric Vehicle (EV) market. The home of Tesla and SpaceX joined the S&P 500, and along the way has made Elon Musk the richest person in the world. This kind of revenue per minute means Tesla can buy nearly two Tesla Model 3’s per minute. How we know where all their sales are coming from.
Microsoft made $327,823 per minute, making it the second largest tech titan with a market cap of $1.75 trillion. Microsoft earned over $168 billion in 2021. Office products and cloud services accounted for close to $40 billion U.S. dollars. Server products and cloud services accounted for the largest share of this revenue, with around $52.6 billion.
In one minute Microsoft makes enough to buy a typical U.S. home. Zillow says the typical home value in the United States is $325,677 and Microsoft makes $327,823 a minute.
Apple has the largest market cap
Apple is currently the most valuable company in the world with a market cap of around $2.6 trillion. In the first quarter of financial year 2022, Apple’s revenue reached $123.95 billion. Apple takes in over S848,000 per minute. Apple is no longer just the iPhone company. in Q1 2022 iPhone brought in $71.6 billion. They have diversified their income. In Q1 of 2021, Apple’s services segment of the business made $19.5 billion in revenue.Apple Wearable, Home and Accessories made $14.7 billion in revenue. Hardware (Mac and iPad) collectively made over 18.2 billion in 2022 Q1.
Netflix has benefited from the pandemic The streaming giant made S50,566 per minute. They wrapped up 2020 203 million subscribers. Netflix is the worst performing FAATMAN member and still made $50,566 per minute, while the average American family income for FY 2021 is $79,900. Netflix brings in the average American household income in less than 2 minutes.
FAATMAN Outlook
To put these numbers into perspective, the FAATMAN companies make more than the GDP of the U.K., India and France combined.
These insane incomes fueled the billionaire space race. Where billionaires spent billions to be the first into space
While the current value may appear bloated, no one can quite rule out FAATMAN getting fatter.
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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.