Enterprise spending on cloud infrastructure services reached approximately $74 billion in Q4 2023, marking a 20% YoY increase and the largest QoQ rise of $5.6 billion. The 'trillion dollar market cap' club, including companies like Apple, Amazon, and Microsoft, is projected to generate $1.78 trillion in revenues in 2024 and over $2 trillion in 2025. Microsoft leads in market capitalization with $3.05 trillion, followed by Apple at $2.87 trillion. Google Cloud's Q4 revenue hit $9.2 billion, contributing to a $36 billion annual revenue run rate. NVIDIA, AMD, and tech giants like Microsoft and Apple have shown remarkable growth over the past decade. The combined revenue of Microsoft, Apple, Amazon, and Google in the latest quarter totaled $437.9 billion, with a net income of $87.1 billion, up from $60.3 billion in the same quarter last year. Over the past decade, Tesla, NVIDIA, Meta, Amazon, Microsoft, and Apple have demonstrated substantial revenue growth, with Tesla leading at +2,926%.
The 4 largest ๐บ๐ธ companies reported earnings this past week Here's what Microsoft $MSFT, Apple $AAPL, Amazon $AMZN and Google $GOOGL combined to report: - Revenue: $437.9 Billion up from $395.2B in the same quarter last year - Net Income: $87.1B up from $60.3B - Free Cash Flow:โฆ https://t.co/oJ5c4iyUgF
Revenue growth in the past decade. Tesla: +2,926% Nvidia: +1,162% Meta: +982% Amazon: +547% Microsoft: +366% Apple: +110%
Last 10 Years... NVIDIA $NVDA: +17,766% $AMD: +5,080% Bitcoin $BTC: +4,954% Tesla $TSLA: +1,454% Microsoft $MSFT: +1,191% Apple $AAPL: +1,087% Netflix $NFLX: +866% Amazon $AMZN: +860% Facebook $META: +659% Google $GOOGL: +382% S&P 500 $SPY: +232% Gold $GLD: +57% US CPI: +32%
.@GoogleCloud stronger than expected in Q4, $36 billion annual revenue run rate https://t.co/T0trsNzgmZ Google Cloud delivered Q4 operating income of $864 million on revenue of $9.2 billion, up from $7.3 billion a year ago. @ldignan @constellationr
MyPOV: @GoogleCloud stronger than expected in Q4, $36 billion annual revenue run rate https://t.co/Ep7yB5kasa Cloud delivered Q4 operating income of $864 million on revenue of $9.2 billion, up from $7.3 billion a year ago. @ldignan @constellationr
Highest market capitalization ๐บ๐ธ Microsoft: $3.05 trillion ๐บ๐ธ Apple: $2.87 trillion ๐ธ๐ฆ Saudi Aramco: $2 trillion ๐บ๐ธ Alphabet: $1.77 trillion ๐บ๐ธ Amazon: $1.77 trillion ๐บ๐ธ NVIDIA: $1.63 trillion ๐บ๐ธ Meta: $1.22 trillion ๐บ๐ธ Berkshire: $0.84 trillion ๐บ๐ธ Eli Lilly: $0.63 trillion
The six members of the โtrillion dollar market capโ club are projected to do $1.78 trillion in revenues in 2024 and more than $2 trillion in 2025. Just massive numbers. #megas $AAPL $AMZN $GOOGL $META $MSFT $NVDA https://t.co/f7TKSSw5lK
Synergy: enterprise spending on cloud infrastructure services was ~$74B in Q4 2023, up 20% YoY, and $5.6B over Q3 2023, the largest QoQ increase ever achieved (@ron_miller / TechCrunch) https://t.co/Wenguzu9F6 ๐ซ Subscribe: https://t.co/OyWeKSRpIM https://t.co/ivnVsA9gHY