Did You Know that the Total Amount Spent by Microsoft on Ads in 2020 is $19.6B?
Founded on April 4, 1975 by childhood friends Bill Gates and Paul Allen, Microsoft is a technology company that develops, licenses, and supports a range of software products, services and devices, which originally based in New Mexico, but later on moved to Washington in 1979 and eventually grew into an international and one of the largest technology companies in the world.
In 2020, the tech giant spent $19.6B on promotions, the company’s highest annual expenditure to date. As a result, it garnered a total of $143B of revenue, $53B operating income, and acquired a massive amount of assets in total of $301.3B as of the year 2020.
With its current revenue of $153.28B and a market capitalization of $1.95 trillion, there’s no doubt it will continue to add a couple of hundred billion technology products in the years to come.