Microsoft Hits $1 Trillion In Total Cumulative Revenue: Reports (mspoweruser.com)
An anonymous reader writes: Microsoft has hit a major milestone: $1 trillion in all-time cumulative revenue. The finding was first spotted by Jeff Reifman, a tech consultant. According to him, Microsoft hit the milestone in its last quarter. Interestingly, Apple also hit $1 trillion in revenue in 2015. As for profits, Microsoft currently leads the chart with $265.2 billion with Apple trying to close in with $261.6 billion. "You might expect a company to announce a milestone like this and bask in this incredible accomplishment -- but not Microsoft," writes Reifman. "It chose to stay silent as it faces increased public scrutiny for holding $108.3 billion in earnings offshore (an incredible 41% of its all-time profit) and its history of tax dodging at home in Washington State."Microsoft blog MSPowerUser says it independently verified the numbers. According to which, Microsoft's total cumulative revenue as of last earnings call is 1001.569 billion.
. "It chose to stay silent as it faces increased public scrutiny for holding $108.3 billion in earnings offshore (an incredible 41% of its all-time profit) and its history of tax dodging at home in Washington State."
Really, that a globally present company might have roughly 41% of it's revenue originate outside of the USA is 'incredible'? I'm surprised it's not higher!
Also, why not attack the horrible state of our laws that this happens in the first place? Does anybody here seriously pay any more taxes than they have to? Tax avoidance isn't the same as evasion - the prior is the art of using legal loopholes, the latter is illegal.
I don't read AC A human right
Remember when people said that MS missed the Internet and was going to die. Good times.
FTFY - Damn kids don't know their history anymore. Now get off my lawn!
Remember when MS said windows would be for consumer PC's and OS/2 would be for professional use? Good times!
How's that Windows Phone thing workin' out for ya?
How much does MS get paid for every Android phone sold?
Even companies who caught the mobile revolution early at various points couldn't prosper.
I remember when Nokia looked unstoppable, and later RIM / Blackberry.
How the mighty have fallen.
Pain is merely failure leaving the body