In our everyday lives, not much may happen in a minute. But when gauging the depth of internet activity occurring all at once, it can be extraordinary. Today, around five billion internet users exist across the globe.
The following annual infographic (produced every year by Domo) captures just how much activity is going on in any given minute, and the amount of data being generated by users. To put it mildly, there’s a lot.
And I have summarised a few points below the graphic.
BY:
Salvatore Nicci
Technology Analyst / Reporter
PROJECT COUNSEL MEDIA
10 November 2021 (Paris, France) – At the heart of the world’s digital activity are the everyday services and applications that have become staples in our lives. Collectively, these produce unimaginable quantities of user activity and associated data.
Here are just some of the key figures of what happens in a minute:
- Amazon customers spend $283,000
- 12 million people send an iMessage
- 6 million people shop online
- Instacart users spend $67,000
- Slack users send 148,000 messages
- Microsoft Teams connects 100,000 users
- YouTube users stream 694,000 videos
- Facebook Live receives 44 million views
- Instagram users share 65,000 photos
- Tiktok users watch 167 million videos
As these facts show, Big Tech companies have quite the influence over our lives. That influence is becoming difficult to ignore, and draws increasing media and political attention. And some see this attention as a plausible explanation for why Facebook changed their name – to dissociate from their old one in the process.
One tangible measure of this influence is the massive amount of revenue Big Tech companies bring in. To get a better sense of this, we can look at Big Tech’s revenue generating capabilities on a per-minute basis as well:
| Company | Revenue Per Minute | Market Cap ($B) |
|---|---|---|
| Amazon | $955,517 | $1,840 |
| Apple | $848,090 | $2,460 |
| Alphabet (Google) | $433,014 | $1,840 |
| Microsoft | $327,823 | $2,310 |
| $213,628 | $926 | |
| Tesla | $81,766 | $1,010 |
| Netflix | $50,566 | $298 |
Data as of March 2021. Revenue per minute figures based off SEC filings, and market caps from Seeking Alpha.
Milestones Across The Board
Facebook continues to face considerable headwinds as privacy matters garner more political attention. But this is yet to have any material effect on the business.
Their most recent quarter was a company best, generating $27 billion in revenue, and hosting an average of 2.8 billion monthly-active-users (MAUs) on the flagship platform.
Alphabet
Alphabet, the parent company of Google, is a behemoth. They finished 2020 with $182 billion in revenues, with approximately $20 billion coming from YouTube.
Furthermore, almost 4 billion Google searches occur every single day, making it the most popular website in the world.
Amazon
Although the U.S. remains their most prominent market, Amazon does considerably well in other parts of the world. For example, in 2020 they generated $20 billion in revenues from Japan, and $29 billion from Germany.
Tesla
The growing EV narrative is a large part of what’s driven Tesla to new heights. The company graduated to the prestigious S&P 500, and along the way has made Elon Musk among the richest people in the world.
Microsoft
Microsoft is the second largest Big Tech stock with a whopping market cap of $1.75 trillion. Their diversified business holdings include Bing, LinkedIn, Xbox, and their cloud computing service Azure.
Apple
Apple is no longer just about the iPhone. In the first quarter of 2021, Apple’s services segment of the business made $15.7 billion in revenue, greater than both Mac and iPad, which each contributed about $8 billion to the business. In addition, their wearables, home, and accessories category made $12.9 billion in revenue.
Netflix
The pandemic has been kind to Netflix and Reed Hastings. The streaming giant wrapped up 2020 adding 52 million new subscribers—taking the total tally to 203 million.
Netflix’s breadth of content routinely dominates the Golden Globe awards. And with 42 nominations in 2021, this year was no exception. Their original content is a driving factor behind the impressive subscriber growth and revenue generation.
No End In Sight
The combined market cap of the FAATMAN stocks is now over $8 trillion. To put it into perspective, that’s about equivalent to Germany, Canada, and France’s GDP combined.
Despite their gigantic valuations, the growing topline figures from their SEC filings suggests they are not done yet. So while the current value may appear bloated, no one can quite rule out FAATMAN getting fatter.
