Microsoft hit another milestone during the first quarter of 2016 earning $1 trillion in revenue, something its rival Apple achieved in the last quarter of 2015. However, Microsoft's party does not end with that, as the Redmond tech titan currently boasts additional profits.

In terms of profits, Microsoft has emerged slightly ahead of Apple. Though the two companies are the only members of the $1 trillion dollar club, Microsoft has eventually taken over in terms of profits. While Apple earned a cumulative profit worth $261.6 billion, it was slightly more for Microsoft at $265.2 billion, Business Insider reported.

Considering the fact that Microsoft has not been in the hardware business for long, it is not very surprising, CNet quoted the spreadsheet posted by Jeff Reifman, a former employee of Microsoft. On the other hand, Windows continues to be the most popular operating system worldwide, while the Redmond tech giant provides some incredibly productive services - both earning large profit margins for the company.

However, in recent years, Microsoft has experienced more hiccups compared to Apple. Particularly the company's $7.2 billion acquisition of Nokia proved to be a major failure. On the other hand, Apple enjoyed some of its most flourishing quarters ever, but witnessed a significant drop in earnings during the first quarter of 2016.

On the other hand, Amazon and Google, which are younger than Microsoft and Apple, are yet to hit the $1 trillion revenue mark. However, they are already about half-way there. For instance, Amazon's revenue earnings at $545 billion was an all time best for the company, but the online retail giant only managed a meager $3.31 billion in profit.

As far as Google is concerned, Reifman's research showed that the Mountain View tech giant has earned $417.3 billion so far, which is all-time best revenue for the company. Google's profits stood at $96.3 billion, cumulatively.