Friday, January 4, 2013

Apple's amazing 2012 profits

From Bloomberg Businessweek

Many were saddenned by the last quarter dip of Apple profits.  But Apple made an astonishing $41.7 on $156.5 Billion revenue.

On the other hand the combined revenue of FB, Yahoo, Microsoft, Amazon,  Google, during the same period - September 2011 to October 2012 was $34.7.  (that is the combined Net Income of the above mentioned companies.  (Apple made $7billion more).  That is why in July 2011, Apple was reported to have more cash on hand than US Treasury.

Intel, HP, Lenovo, IBM made less than half of what Apple made, and so with Walt Disney.  Nokia and HTC only made only $12 billion.  (How about Samsung?)

This  amazing for Apple

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