Apple earned a massive profit of $419,528 per employee in the past 12 months. That beats Google, Microsoft, Intel and a bunch of other big tech companies by quite some margin. Pingdom calculated the yearly profit per employee for a selection of big tech companies that are publicly traded on NYSE and NASDAQ: Apple, Google, Microsoft, Intel, Cisco, eBay, Adobe, Yahoo, Oracle, IBM, Amazon, HP, Dell.
In this article we look both at the current situation and compare it with the very different situation back in 2008.
In 2008, Google was leading this list, but now Apple has surpassed it by quite some margin. This isn’t because it’s not going well for Google, but rather because it’s going spectacular for Apple.
A few observations on the numbers:
- Apple’s profit per employee has grown 2.8x since 2008.
- Intel’s profit per employee has doubled since 2008.
- Google’s profit per employee has grown 1.8x since 2008.
- Microsoft’s profit per employee has grown 1.3x since 2008.
- Yahoo actually seems to have become more profitable the past couple of years, in spite of all the bad press.
- Some of these companies have lower profits per employee now than in 2008: Cisco, eBay, Adobe, Amazon (barely) and Dell.
An Apple employee has earned the company about $420,000 in profits over the past twelve months. This compares to about $336,000 for a Google staffer, $245,000 per Microsoft employee and about $130,000 for an Intel employee. And because the profit-per-employee metric is relatively independent of a company size, “it’s easy to compare companies of different sizes”, Pingdom noted.
To put things into perspective, Apple has 46,600 employees versus 89,000 for Microsoft and 26,316 for Google. Yearly profit at Amazon was a little over $31,000 per head while HP’s employees were worth to their bosses just $28,096 a pop. In other words, an HP employee is worth to its company one fifteenth of its Apple counterpart even though the former employs barely seven times more folks than Apple.