As the Mag7 release earnings, I’m always blown away by how much money these companies actually make.
And not revenue. Net income.
It’s not “that was a great quarter” type of money.
It’s the kind of money where you pause and ask yourself, “Wait… is that in millions or billions?”
Then you realize it’s billions and just laugh. To me, it’s almost hysterical.
In today’s chart, I broke down the profit generated per minute for Mag7 companies (ex-Tesla)
I excluded Tesla because it was so much lower that it threw off the visual balance. Uneven bars make my eye twitch.
The chart speaks for itself.
While you’ve been reading this post, these companies have already earned more than $1 million in profit.
Its wild.