Despite missing Wall Street Journal expectations for two successive quarters, Apple managed to acquire profits of $41.9 billion throughout the last four quarters.
According to figures deriving from Statista, that figure represents $7 billion more than the combined net profit of Microsoft, Google, Facebook, Amazon, Yahoo and eBay. It was previously revealed that the iPhone by itself managed to generate more revenue than all of Microsoft.
Apple's profits is double the combined $19.4 billion generated by computing firms Intel, IBM, Lenovo, Acer, Asus, HP and Dell. Consequently, the iPhone and iPad creator is twice as profitable as the entire PC industry.
Statista, which gained its statistics from official company filings, compared Apple with key smartphone and tablet rivals, but the Cupertino company is still the clear winner.
Samsung has seen its profits increase ten-fold during the past twelve months, but when it's combined with RIM, HTC, and Nokia, the total equates to just over a quarter of Apple's yearly earnings -- $12.8 billion.
Apple's total sales for 2012 has thus far equaled $156.5 billion, while its cash pile has reached $121.25 billion. It's currently the richest company on the planet.
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Zak Islam is a freelance writer focusing on security, networking, and general computing. His work also appears at Digital Trends and Tom's Guide.
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DearSX hahhahaahaha, Apple already won long ago. Even if the company declines now or in the near future, they are filthy rich.Reply -
echondo I don't understand how this is considered news. I don't care about the profits of the company, I care about the quality of the product and support service that the company provides.Reply
Apple doesn't have quality products and sure as Hell doesn't have quality support. In my opinion, Apple is one of the most rotten and wasteful companies I have ever seen. You know what I do with rotten apples? I throw them away, in the trash where they belong. -
kracker One thing I know, Apple has many minions that they have tricked...Reply
Baaaa! Where's the new iSuck you said would be released? Baaaa -
DearSX 11/28/2012 2:05 AMReply
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hahhahaahaha, Apple already won long ago. Even if the company declines now or in the near future, they are filthy rich.
Why are you happy that a company overcharges for underperforming tech?
Won what? Why do you cheer for corporations than for the consumer? Isheep sure are a dumb lot! -
Ragnar-Kon Whelp.... good for them I guess. A business successfully doing what businesses are supposed to do.Reply
Wonder if they'd like to pay my credit card bills with some of their pocket pennies--and my student loans--and my car loan... what whatever else pops into my mind for the foreseeable future. -
A Bad Day echondoI don't understand how this is considered news. I don't care about the profits of the company, I care about the quality of the product and support service that the company provides.Apple doesn't have quality products and sure as Hell doesn't have quality support. In my opinion, Apple is one of the most rotten and wasteful companies I have ever seen. You know what I do with rotten apples? I throw them away, in the trash where they belong.Reply
What do stock market analysts primarily look at?
Profits. Profits. Profits. And maybe a bit of PR. -
wemakeourfuture echondoI don't understand how this is considered news. I don't care about the profits of the company, I care about the quality of the product and support service that the company provides.Apple doesn't have quality products and sure as Hell doesn't have quality support. In my opinion, Apple is one of the most rotten and wasteful companies I have ever seen. You know what I do with rotten apples? I throw them away, in the trash where they belong.Reply
Apple doesn't have quality support? Are you insane they have really good customer service and access to support. Even if you have a phone on contract from a carrier the Apple store still assists people off warranty.
If you buy a laptop and they come out with a new model in a certain period, no questions asked they replace it. You have questions with anything, book an appointment at the genius bar.
Apple's customer service is unmatched when it comes to smartphones, tablets and computers. -
bigdragon This is why I'm always amused when my friend complains about the 1%'ers and then gets out his iPhone to call someone or look something up.Reply