MILANHave more than tripled their turnover in the seven years of the Great Crisis, but have increased the work force by only 1.4 times, breaking through the million workers all over the world. Maintaining profitability is very strong with a roe of 16.9% , higher than the manufacturing companies). For a tax rate, a tax burden, the average of 23% less than 30% of the tax burden on the industry.
Are the 23 software and web company global, creators of the last industrial revolution in which the Internet has been the detonator. The protagonists of the ratio of R&S Mediobanca dedicated to software and web company. Twelve, and could not be otherwise, are american. From Amazon, the first for the turnover (98,3 billion) to Microsoft. From Google to Oracle. From Facebook to Priceline, the conglomerate of global tourism that controls Booking.com and Rentalcars. From eBay to Netflix, a pioneer of online streaming. Four of them are chinese, and this is also a sign of changing times. Above all, the unknown, by us, but with an average annual growth rate dizzy: JD, Amazon china, the rival of Alibaba, this one between the Big23 online. As the anti-Google, the chinese search engine Baidu and the other giant e-commerce Tencent Holdings, which also controls the messaging software the most widespread in the world, which is not WhatsApp but the ch inese WeChat.
Are all centres of soft skills and advanced. Writes Mediobanca, which are the “factories of skills and services”. Ranging from software products to companies and individuals (Oracle and Microsoft), entertainment (Nintendo). From the internet retail based e-commerce (Amazon, eBay, and Expedia) to Internet services (Google and Facebook). The report does not include two other giants such as Apple and Samsung. Cupertino because with a turnover monstre, 214-billion, has a share of the revenues arising from software less than 10%. The giant south Korean because they don’t declare their revenues from physical products. Well see, the Bag has them winning. Above all Wall Street with an average growth of title 35% in the last year. Google is the most capitalised (483,6 billion euro), followed by Microsoft (399,4 billion) and Amazon (353,2 billion).
and Yet there are some critical issues. Although they have overall profitability (compared to equity) is very high resulting in decline in the last six years. Writes Mediobanca that “the substantial cash flows feed many financial investments, such as liquidity and buy-back, but the physical investments are limited and inferior” to the manufacturing companies.
November 8, 2016 (change the 8 November 2016 | 21:03)
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