That's a lot of electricity too...
We have had abnormally low interest rates for so long that a lot of people have literally forgotten, or never experienced in their adult life, interest rates of 5-> 8% which weren't considered high, but routine and normal.
How much of that tech spending is owned revenue versus borrowed money, I do wonder.
I do think there is more inflation than the media seems aware of also. At least when I go grocery shopping, or through Lowe's for hardware or tools.
Apple did raise their new Macs and iPads 20% recently too.
18 billion for ~340 million US citizens works out to about $53 per person man women and children if my math is not defective. Or maybe $47 per person if we include Canadian citizens as well. Huge amounts of money, but maybe affordable on a per person basis - if the cost were paid by each of us. But of course it isn't.
If I don't use Google, how much does their spending cost me, or benefit me, I wonder. I really don't know.
How much do we each send Wikipedia every year for its continued services. Or the Red Cross?
Similar thoughts occur to me regarding Apple, Intel, et al