Quick: name the company that generates the most income from the internet as defined by a contributor at ZeroHedge.
Big Tech companies have quite the influence over our lives. That influence is becoming difficult to ignore, and draws increasing media and political attention. And some see this attention as a plausible explanation for why Facebook changed their name—to dissociate from their old one in the process.
One tangible measure of this influence is the massive amount of revenue Big Tech companies bring in. To get a better sense of this, we can look at Big Tech’s revenue generating capabilities on a per-minute basis as well:
Look at the per-minute revenue gap between:
- #2 and #3;
- #5 and #6
- in each case, not even in the same ballpark.
Two takeaways:
- Amazon is way undervalued; and
- Apple is way, way undervalued.
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