HOW DO BIG TECH COMPANIES GENERATE REVENUE?: These Big Four tech groups (Amazon, Apple, Facebook and Alphabet) are a number of the world’s maximum precious publicly traded businesses, with founders like Jeff Bezos and Mark Zuckerberg topping the list of world billionaires.

These tech giants even have a patron-centric factor that takes centre level of their commercial enterprise. With billions of people worldwide the use of the platform, the enterprise leverages consumer statistics to lessen its market share. At the same time, this information is a double-edged sword. This is due to the fact the identical business enterprise is frequently difficulty to mishandling of private statistics.

Ultimately, all of these companies have a similar beginning tale: they have been based or incubated inside the fertile virtual grounds of the West Coast. The organization with the slightest pretence of having such origins might be Facebook, but even Facebook has been based totally in Silicon Valley considering the fact that June 2004. Amazon makes the maximum of its online stores (fifty two.Eight%) and the services of third-birthday celebration dealers (18.Four%). Apple generates a awesome 62.8% of its revenue from the iPhone. READ MORE:- thewikiguide