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Microsoft hits $1tn in all-time revenue


By Doug Zanger, Americas Editor

May 10, 2016 | 2 min read

While looking at Microsoft’s Washington state tax breaks, writer, technologist and activist Jeff Reifman noticed something: the company hit $1tn in cumulative revenues this past quarter.

According to Reifman and Statista, the Redmond, Washington-based company has socked away $108bn in earnings in offshore accounts and is receiving around $776m in state tax breaks due to 2010 legislative action, a state royalty tax redefinition led by former Microsoft executive Ross Hunter, who was a state representative at the time. Reifman further noted that, since 1997, Microsoft’s opening of offices in Nevada, a state with no corporate income tax, has lessened its tax burden.

By comparison, Reitman’s research indicates that Apple reached the $1tn in revenue mark in 2015, with a cumulative profit of $261.6bn. Microsoft nudges slightly ahead with $265.2bn in cumulative revenue.

Another large Seattle-based company, Amazon, is on track to the $1tn mark with $545bn in all-time cumulative revenue and $3.31bn in profit, according to Reifman's data. Additionally, Google has earned $417.3bn in all-time revenue and has a cumulative revenue of $96.3bn.

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