![]() ![]() The metaverse is the next frontier in connecting people, just like social networking was when we got started.” Mark Zuckerberg wrote in a letter: “In our DNA, we build technology to bring people together. Since its foundation in 2004, Facebook changed the way people connect, and the change in name captures the company’s vision. In October 2021, Facebook’s name was changed to Meta. In 2021, the global fleet of Tesla vehicles, energy storage and solar panels enabled its customers to avoid emitting 8.4 million metric tons of CO2e. Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products. During Q2 FY2022, Tesla reported a total revenue $16.9 billion, growing 42% year-on-year on the back of growth in vehicle deliveries, increased average selling price (ASP), and growth in other parts of the business. Tesla’s revenue swelled by 71% from $31.53 billion in FY2020 to $53.82 billion in FY2021 (January 2021 – December 2021). ![]() BEV market according to July numbers by Morgan Stanley. ![]() ( TSLA )įounded in 2003, Tesla is almost a synonym to electric cars. During FY2021 (January 2021 – December 2021), Amazon’s net sales increased 22% to $469.8 billion, compared with $386.1 billion in 2020. Amazon’s AWS currently captures 33% of the Cloud market. In addition to e-commerce, another market segment which Amazon continues to lead is Cloud. e-commerce market is expected to cross the $1 trillion mark for the first time in 2022. Amazon is the undisputed leader in e-commerce in the U.S., dominating 39.5% of the market share in 2022. While this is an excerpt from Amazon’s 1997 shareholder letter, it remains true till today. This value will be a direct result of our ability to extend and solidify our current market leadership position.” The company once said: “We believe that a fundamental measure of our success will be the shareholder value we create over the long term. Overall, a revenue of $69.7 billion was reported, up 13% versus last year or 16% on a constant currency basis. During Q2 FY2022, Google Cloud surpassed the $6 billion quarterly revenue mark for the first time. During FY2021 (January 2021 – December 2021), Alphabet reported a revenue of $257.64 billion vis-à-vis $182.53 billion in FY2020. A lot has been achieved, and today, Google Cloud ranks third, after Amazon AWS and Microsoft Azure with a 10% market share. Over the past few years, Google has intensified its efforts to catch up with the leaders in Cloud computing. Other Bets include earlier stage technologies that are further afield from the company’s core Google business. The company’s earnings are reported under three segments-Google Services, Google Cloud, and all non-Google businesses collectively as Other Bets. Class C & Class A ( GOOG, GOOGL )Īlphabet is a collection of businesses, the largest of which is Google. In recent years, MSFT has made key acquisitions to help bolster its cloud services. Microsoft has acquired around 227 companies since 1994. ![]() During Q4 FY2022, Microsoft Cloud surpassed $25 billion in quarterly revenue for the first time, up 28% and 33% in constant currency. With research and development efforts, initiatives and partnerships, Azure has more than doubled its worldwide market share from 10% in 2014 to 22% in 2022. Cloud has a growth driver for the company in recent times. Its operating income grew 19% to reach $83.4 billion. Microsoft, under the leadership of its CEO Satya Nadella, has been working under the renewed vision for a “mobile-first, cloud-first, data-powered world.” In FY2022 (July 2021 – June 2022), Microsoft delivered $198.3 billion in revenue, up 18% year-over-year from $168.08 billion in FY2021. Apple spent 6% of its net sales on research and development in FY2021. During the nine months of FY2022 (October 2021 – June 2022), the company reported a revenue of $304.18 billion. As we accomplish these objectives, strong financial results follow.” Apple reported a revenue of $274.51 billion in FY2020 and $365.82 billion in FY2021 (October 2020 – September 2021). Apple has repeatedly said, “Our objective is to make great products and services that enrich people's lives and to provide an unparalleled customer experience so that our users are highly satisfied, loyal and engaged. Two years later, in August 2020, it touched the $2 trillion valuation, and this year in June, Apple briefly touched the $3 trillion market cap during trading hours. company to hit a $1 trillion market cap in August 2018. Apple became the first publicly traded U.S. ![]()
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