Infographic Category Business

How 5 Big Tech Companies Really Make Money

By | source:Here Jan 21st, 2020

Thirty years ago, the internet as we know it was born. Undeniably, our quality of life has improved significantly from the Industrial Age to this Information Age. Now, it’s easy to access a world of information with just a few clicks on our computer. In this modern age, we can study and learn anything from the comforts of our home.

Smart cities and smart factories continue to rise because of the big innovations in digital technology. They use different kinds of technology to provide automation and make our lives efficient. As a result, technology companies are booming.

These tech companies provide technology-based products and services to their consumers. It is also known that they provide the best employee perks and benefits. Google, for example, provides death benefits to their employees’ families. When an employee dies while still employed by Google, their spouse will receive half of their salary for the next 10 years.

Apple, on the other hand, offers egg-freezing benefits to their female employees which allows them to have more freedom in pursuing family planning according to their timeline. This is not cheap as it usually costs more than $10,000 which could make us wonder — How much do these tech companies make to afford to give these perks and how do they achieve these numbers?