{"id":123693,"date":"2022-03-06T15:13:38","date_gmt":"2022-03-06T20:13:38","guid":{"rendered":"https:\/\/rbach.net\/?p=123693"},"modified":"2022-03-17T17:19:55","modified_gmt":"2022-03-17T21:19:55","slug":"faatman-stocks-keeps-getting-fatter","status":"publish","type":"post","link":"https:\/\/rbach.net\/index.php\/faatman-stocks-keeps-getting-fatter\/","title":{"rendered":"FAATMAN Stocks Keeps Getting Fatter"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-115271\" title=\"FAATMAN Keeps Getting Fatter\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money-1-e1636752977485-150x145.jpg?resize=120%2C116&#038;ssl=1\" alt=\"FAATMAN Keeps Getting Fatter\" width=\"120\" height=\"116\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money-1-e1636752977485.jpg?resize=150%2C145&amp;ssl=1 150w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money-1-e1636752977485.jpg?resize=75%2C72&amp;ssl=1 75w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/money-1-e1636752977485.jpg?w=284&amp;ssl=1 284w\" sizes=\"auto, (max-width: 120px) 100vw, 120px\" \/>Thanks largely to the COVID-19 pandemic that pushed even more activity online the FAATMAN companies have a collective market cap of <strong>$8.3 trillion. <\/strong>During that time the <strong>billionaire CEO&#8217;s <\/strong>of these companies <strong><a href=\"https:\/\/www.statista.com\/chart\/22068\/change-in-wealth-of-billionaires-during-pandemic\/\" target=\"_blank\" rel=\"nofollow noopener\">became ever wealthier<\/a>.\u00a0<\/strong> The FAATMAN companies are tech titans <a title=\"Facebook\" href=\"https:\/\/www.facebook.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> (<a title=\"NASDAQ : FB\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-FB\/\" target=\"_blank\" rel=\"noopener noreferrer\">FB<\/a>), <a href=\"https:\/\/abc.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\">Alphabet<\/a> (<a title=\"NASDAQ : GOOG\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-GOOG\/\" target=\"_blank\" rel=\"noopener noreferrer\">GOOG<\/a>), <a title=\"Amazon\" href=\"http:\/\/www.amazon.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Amazon<\/a> (<a title=\"NASDAQ : AMZN\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-AMZN\/\" target=\"_blank\" rel=\"noopener noreferrer\">AMZN<\/a>), <a href=\"https:\/\/www.tesla.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Tesla<\/a> (<a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-TSLA\/\" target=\"_blank\" rel=\"nofollow noopener\">TSLA<\/a>), <a title=\"Microsoft\" href=\"http:\/\/www.microsoft.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Microsoft<\/a> (<a title=\"NASDAQ | MSFT\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-MSFT\/\" target=\"_blank\" rel=\"noopener noreferrer\">MSFT<\/a>), <a title=\"Apple Computers\" href=\"http:\/\/www.apple.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a> (<a title=\"NASDAQ : AAPL\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-AAPL\/\" target=\"_blank\" rel=\"noopener noreferrer\">AAPL<\/a>), and <a href=\"https:\/\/www.netflix.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Netflix<\/a> (<a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-NFLX\/\" target=\"_blank\" rel=\"nofollow noopener\">NFLX<\/a>). The FAATMAN companies generate ridiculous amounts of revenue rate per minute. <\/p>\r\n\n<table id=\"tablepress-83\" class=\"tablepress tablepress-id-83\" aria-describedby=\"tablepress-83-description\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Company<\/th><th class=\"column-2\">Revenue Per Minute<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Amazon<\/td><td class=\"column-2\">$ 955,517<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Apple<\/td><td class=\"column-2\">$ 848,090<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Alphabet (Google)<\/td><td class=\"column-2\">$ 433,014<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Microsoft<\/td><td class=\"column-2\">$ 327,823<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Facebook<\/td><td class=\"column-2\">$ 213,628<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Tesla<\/td><td class=\"column-2\">$ 81,766<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Netflix<\/td><td class=\"column-2\">$ 50,566<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<span id=\"tablepress-83-description\" class=\"tablepress-table-description tablepress-table-description-id-83\">FAATMAN Revenue Per Minute hat tip to www.visualcapitalist.com<\/span>\n<!-- #tablepress-83 from cache -->\r\n<h3>FAATMAN companies<\/h3>\r\n<p><strong>Facebook<\/strong>&#8216;s most recent quarter was a company best, generating almost $214,000 per minute or <strong>$27 billion<\/strong> in revenue. It hosted an average of 2.8 billion monthly-active-users on it&#8217;s platform. Over 1 of every 3 humans on Earth can be <a href=\"https:\/\/www.washingtonpost.com\/technology\/2021\/09\/03\/facebook-misinformation-nyu-study\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>manipulated by Facebook<\/strong><\/a>.<\/p>\r\n<p><strong><a href=\"https:\/\/www.google.com\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-115556 size-thumbnail\" title=\"Google logo\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_Google_logo-e1602289565405-73x75.jpg?resize=73%2C75&#038;ssl=1\" alt=\"Google logo\" width=\"73\" height=\"75\" \/><\/a>Alphabet,<\/strong> the parent company of <strong>Google <\/strong>has the third largest market cap, made over <strong>$433,000 per minute<\/strong>. That means that Google can a\u00a0 <a href=\"https:\/\/www.rolls-roycemotorcars.com\/en_US\/showroom\/phantom.html\" target=\"_blank\" rel=\"nofollow noopener\">Rolls Royce Phantom<\/a> 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 <a href=\"https:\/\/www.visualcapitalist.com\/the-50-most-visited-websites-in-the-world\/\" target=\"_blank\" rel=\"nofollow noopener\">popular website<\/a> in the world. With the revenue of\u00a0 <strong>$433,000 per minute<\/strong> Google can purchase a <a href=\"https:\/\/www.rolls-roycemotorcars.com\/en_US\/showroom\/phantom.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Rolls Royce Phantom<\/strong><\/a> is less that 2 minutes.<\/p>\r\n<h3>Amazon most revenue per minute<\/h3>\r\n<p><strong>Amazon<\/strong> made nearly <a href=\"\/\/www.youtube-nocookie.com\/embed\/jTmXHvGZiSY&quot; title=&quot;YouTube video player&quot; frameborder=&quot;0&quot; allow=&quot;accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture&quot; allowfullscreen&gt;&lt;\/iframe&gt;\" target=\"_blank\" rel=\"nofollow noopener\"><strong>1 million dollars per minute<\/strong><\/a>. Most of this was made in the U.S. They also do very well around the world. For example, in 2020 they generated <strong>$29 billion<\/strong> in Germany, and $20 billion in revenues in Japan.<\/p>\r\n<p>At this income rate Amazon can pay to send <strong>2 people per minute on a suborbital space trip<\/strong> on <a href=\"https:\/\/www.npr.org\/2022\/02\/09\/1079568745\/jeff-bezos-yacht-de-hef-bridge-rotterdam-eggs\" target=\"_blank\" rel=\"nofollow noopener\">Jeff Bezos<\/a>&#8216; <a href=\"https:\/\/www.blueorigin.com\/new-shepard\/\" target=\"_blank\" rel=\"nofollow noopener\">Blue Origin<\/a> <a href=\"https:\/\/www.blueorigin.com\/new-shepard\/\" target=\"_blank\" rel=\"nofollow noopener\">New Shepard<\/a> rocket ship. Seats to the edge of space <a href=\"https:\/\/www.visualcapitalist.com\/the-cost-of-space-flight\/\" target=\"_blank\" rel=\"nofollow noopener\">typically cost $500,000<\/a>.<\/p>\r\n<p><strong><a href=\"https:\/\/www.tesla.com\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-123714 size-thumbnail\" title=\"Tesla logo\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903-75x67.webp?resize=75%2C67&#038;ssl=1\" alt=\"Tesla logo\" width=\"75\" height=\"67\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903.webp?resize=75%2C67&amp;ssl=1 75w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903.webp?resize=150%2C134&amp;ssl=1 150w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903.webp?resize=1024%2C914&amp;ssl=1 1024w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903.webp?resize=768%2C686&amp;ssl=1 768w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903.webp?w=1173&amp;ssl=1 1173w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_tesla-e1646596129903.webp?w=960&amp;ssl=1 960w\" sizes=\"auto, (max-width: 75px) 100vw, 75px\" \/><\/a>Tesla<\/strong>&#8216;s almost <strong>$82,000 of revenue per minute<\/strong> is being driven by the growing <a href=\"https:\/\/www.cnbc.com\/2022\/02\/17\/fords-mustang-mach-e-tops-teslas-model-3-in-consumer-reports-list-.html\" target=\"_blank\" rel=\"nofollow noopener\">Electric Vehicle (EV) market<\/a>. The home of <strong>Tesla and <a href=\"https:\/\/www.spacex.com\/\" target=\"_blank\" rel=\"nofollow noopener\">SpaceX<\/a><\/strong> joined the S&amp;P 500, and along the way has made <strong>Elon Musk the <a href=\"https:\/\/www.forbes.com\/sites\/elizahaverstock\/2021\/10\/26\/elon-musk-nearing-300-billion-fortune-is-the-richest-person-in-history\/?sh=59f775511933\" target=\"_blank\" rel=\"nofollow noopener\">richest<\/a> person in the world<\/strong>. This kind of revenue per minute means Tesla can buy nearly <strong>two <a href=\"https:\/\/www.tesla.com\/model3\" target=\"_blank\" rel=\"nofollow noopener\">Tesla Model 3&#8217;s<\/a> per minute. <\/strong>How we know where all their sales are coming from.<\/p>\r\n<p><strong>Microsoft<\/strong> made $327,823 per minute, making it the second largest tech titan with a market cap of <strong>$1.75 trillion<\/strong>. Microsoft earned over <a href=\"https:\/\/www.statista.com\/statistics\/733960\/worldwide-microsoft-major-product-and-service-revenue\/\" target=\"_blank\" rel=\"nofollow noopener\">$168 billion in 2021<\/a>. 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.\u00a0<\/p>\r\n<p>In one minute Microsoft makes enough <strong>to buy a typical U.S. home.<\/strong> Zillow says the typical home value in the United States is $325,677 and Microsoft makes $327,823 a minute.<\/p>\r\n<h3>Apple has the largest market cap<\/h3>\r\n<p><strong><a href=\"https:\/\/www.apple.com\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-114767 size-thumbnail\" title=\"Apple logo\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_apple_logo.jpg?resize=67%2C75&#038;ssl=1\" alt=\"Apple logo\" width=\"67\" height=\"75\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_apple_logo.jpg?resize=67%2C75&amp;ssl=1 67w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_apple_logo.jpg?resize=135%2C150&amp;ssl=1 135w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/logo_apple_logo.jpg?w=300&amp;ssl=1 300w\" sizes=\"auto, (max-width: 67px) 100vw, 67px\" \/><\/a>Apple<\/strong> is currently the <a href=\"https:\/\/companiesmarketcap.com\/\" target=\"_blank\" rel=\"nofollow noopener\">most valuable company<\/a> in the world with a market cap of around $2.6 trillion. In the first quarter of financial year 2022, Apple\u2019s 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 <a href=\"https:\/\/www.businessofapps.com\/data\/apple-statistics\/\" target=\"_blank\" rel=\"nofollow noopener\">$71.6 billion<\/a>. They have diversified their income. In Q1 of 2021, Apple\u2019s services segment of the business made <strong><a href=\"https:\/\/www.businessofapps.com\/data\/apple-statistics\/\" target=\"_blank\" rel=\"nofollow noopener\">$19.5 billion<\/a><\/strong> in revenue.Apple Wearable, Home and Accessories made<strong> <a href=\"https:\/\/www.businessofapps.com\/data\/apple-statistics\/\" target=\"_blank\" rel=\"nofollow noopener\">$14.7 billion<\/a> <\/strong>in revenue. Hardware (Mac and iPad) collectively made over <a href=\"https:\/\/www.businessofapps.com\/data\/apple-statistics\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>18.2 billion<\/strong><\/a> in 2022 Q1.<\/p>\r\n<p><strong>Netflix<\/strong> has benefited from the pandemic\u00a0\u00a0 The streaming giant made<strong> S50,566 per minute<\/strong>. They wrapped up 2020 <strong>203 million<\/strong> <a href=\"https:\/\/www.visualcapitalist.com\/which-streaming-service-has-the-most-subscriptions\/\" target=\"_blank\" rel=\"nofollow noopener\">subscribers<\/a>. Netflix is the worst performing FAATMAN member and still made $50,566 per minute,\u00a0 while the <span id=\"page335R_mcid47\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">a<a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il21\/Medians2021.pdf\" target=\"_blank\" rel=\"nofollow noopener\">verage American family income<\/a>\u00a0 for FY 2021 is $79,900. <strong>Netflix brings in the average American household income in less than 2 minutes.<\/strong><\/span><\/span><\/p>\r\n<h3>FAATMAN Outlook<\/h3>\r\n<p>To put these numbers into perspective, the FAATMAN companies make more than the <a href=\"https:\/\/statisticstimes.com\/economy\/projected-world-gdp-ranking.php\" target=\"_blank\" rel=\"nofollow noopener\">GDP of the U.K., India and France<\/a> combined.<\/p>\r\n<p>These insane incomes fueled the <a href=\"https:\/\/www.latimes.com\/business\/story\/2021-07-06\/jeff-bezos-richard-branson-elon-musk-space-race\" target=\"_blank\" rel=\"nofollow noopener\">billionaire space race<\/a>. Where billionaires spent billions to be the first into space<\/p>\r\n<p>While the current value may appear bloated, no one can quite rule out FAATMAN getting fatter.<\/p>\r\n<p style=\"text-align: center;\"><em><strong><a href=\"https:\/\/www.obama.org\/updates\/help-ukraine\/\" target=\"_blank\" rel=\"nofollow noopener\">How you can help the Ukraine!<\/a><\/strong><\/em><\/p>\r\n<p><strong>Related article<\/strong><\/p>\r\n<ul>\r\n<li><a title=\"Apple, Microsoft and Other Tech Companies Stop Sales in Russia\" href=\"https:\/\/www.cnet.com\/news\/apple-microsoft-and-other-tech-companies-stop-sales-in-russia\/\" target=\"_blank\" rel=\"nofollow noopener\">Apple, Microsoft and Other Tech Companies Stop Sales in Russia<\/a>\u00a0(<a title=\"CNet\" href=\"https:\/\/www.cnet.com\/\" target=\"_blank\" rel=\"nofollow noopener\">CNet<\/a>)<\/li>\r\n<\/ul>\r\n<p>&nbsp;<\/p>\r\n<p><em><a title=\"Ralph Bach\" href=\"https:\/\/rbach.net\/index.php\/new-resume\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ralph Bach<\/a>\u00a0has been in IT long enough to know better and has blogged from his\u00a0<a title=\"Bach Seat\" href=\"https:\/\/rbach.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bach Seat<\/a>\u00a0about IT, careers, and anything else that catches his attention since 2005. You can follow him on\u00a0<a class=\"broken_link\" href=\"http:\/\/www.linkedin.com\/in\/rb48334\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/www.facebook.com\/ralph.bach.14\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/rbach48334\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>. Email the Bach Seat\u00a0<a href=\"mailto:\/\/bach.seat@gmail.com\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/em><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>The FAATMAN companies have a collective market cap of $8.3 trillion. They are tech titans Facebook Alphabet Amazon Tesla Microsoft Apple and Netflix<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[3627,420,2868,392,1023,101,32,2015,3633,104,536,92,3634,3441,82,421,533,2086,1207,1107,2465],"class_list":["post-123693","post","type-post","status-publish","format-standard","hentry","category-business","tag-3627","tag-aapl","tag-alphabet-inc","tag-amazon","tag-amzn","tag-apple","tag-business","tag-elon-musk","tag-faatman","tag-facebook","tag-goog","tag-google","tag-income-equality","tag-jeff-bezos","tag-microsoft","tag-msft","tag-netflix","tag-nflx","tag-space","tag-tesla","tag-tsla"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/posts\/123693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/comments?post=123693"}],"version-history":[{"count":20,"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/posts\/123693\/revisions"}],"predecessor-version":[{"id":126894,"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/posts\/123693\/revisions\/126894"}],"wp:attachment":[{"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/media?parent=123693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/categories?post=123693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rbach.net\/index.php\/wp-json\/wp\/v2\/tags?post=123693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}