If you thought that Apple was not such a huge thing as compared so say Google, Microsoft, Facebook, Twitter, Amazon, etc. then you might want to rethink your notions when you check out the facts that we have got for you about Apple.
If you remember the rich Uncle Scrooge from Duck Tales swimming in gold, you can very well switch him with a personified Apple as the situation is nothing different. Apple has a staggering $150 billion in just cash reserves.
Facebook buying Whatsapp seemed such a huge thing then consider this; Apple made $43.7 billion in sales revenue just in the first quarter of 2014 which is more than Amazon, Facebook and Google’s earnings combined in the same period.
Less is truly more for Apple since they have sold half the number of phones compared to Samsung, which is the biggest smartphone company and yet has earned double the income with the same amount of revenue generated. Apple made $13 billion and Samsung just $6.3 billion.
Apple generated $26 billion in the first quarter with just iPhone sales compared to Microsoft which earned $20.04 billion from all its sectors. That gives a clear picture that Apple is growing faster than Microsoft.
If you thought Facebook earns like a breeze, consider this for a change. Facebook made $2.5 billion in the past quarter and $8.9 billion the previous year; all the while Apple made $7.6 billion in the previous quarter only through iPad sales and that too was considered as a slow quarter for Apple.
This is one of the biggest shockers; Apple’s net profit for the first quarter of 2014 is $10.2 billion which is actually more than what Amazon has ever made since its inception 20 years ago till date.
Wondering what Apple might be doing about its $150 billion cash reserve? Here is something that might interest you and tickle your brain. Apple can buy Netflix, Twitter, Dropbox, Tesla, Spotify, Pandora and Facebook, all at their current market valuation and still have $59 billion extra so buy some more.
When you sign up for iTunes using your Credit Card, remember that Apple will be storing this information along with 800 million other users on their database. This is the highest compared to any other company present.
Also iTunes and Apple’s software division combines recorded a total $4.57 billion in sales which is more than Netflix’s $4.37 billion.
If Apple’s figures are be believed, they added 60 million new users from iPhones, iPads, Macs, iTunes, etc. combined in the past 6 months. Twitter on the other hand added 23 million even when it is free.
Apple recorded a record 14th highest net profit in Q1 which is higher than even Exxon’s Q4 profits. And mind you, Exxon is a petroleum company.
So for all those who thought that Apple was a small company that made limited and monotonous products, maybe these figures can help you rethink your notions about it.
Team DainikDisha