Three Companies. Three Months. $50 billion Dollars in Revenue

Article Written By: Editor on April 25, 2012 at DM Confidential

"Time must fly, because it feels like just the other day that we were discussing how the tech behemoths - Facebook, Google, and Apple - faired in their past three months of business. It is yet again earnings season, and if the title is any indication, the three of them put together some numbers that mere mortals have a hard time fathoming. A small company for example generally has no complaints with a yearly take in the seven figure range, a band of revenues that includes quite a few networks. Larger players in the performance marketing space do seven figures per month, and during the heyday of the flogs, quite a few had eight figure months. Of the networks today, we can only think of one that routinely has eight figure months. Compare this to the smallest of the three behemoths, Facebook, whose three month haul of $1 billion implies an average of $30mm per day. The largest company, Apple, earned a staggering $1bn in revenue each day. They just earned $311,000 in the time that it took you read this paragraph."

Read Article...