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Yoni Heisler
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It's no secret that Apple has boatloads of cash, but sometimes it can be difficult to truly grasp just how profitable Apple has become over the past few years. Sure, we know that Apple has hundreds of billions of dollars in the bank, and sure, we know that Apple retail stores generate more revenue per square foot than any other store on the planet. These quirky tidbits, however interesting they may be, still fail to illustrate the money-making juggernaut that Apple has become.
In light of that, it might be more instructive to look at some of Apple's competition in the tech space for some requisite context. Trying to make sense of $200 billion in the bank might be a challenge, but comparing Apple's profitability to some of the top tech companies in the world is likely to paint a much clearer picture.
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Apple generated more profit in one quarter than Amazon has in 21 years originally appeared on BGR.com on Mon, 14 May 2018 at 15:45:40 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report
It's no secret that Apple has boatloads of cash, but sometimes it can be difficult to truly grasp just how profitable Apple has become over the past few years. Sure, we know that Apple has hundreds of billions of dollars in the bank, and sure, we know that Apple retail stores generate more revenue per square foot than any other store on the planet. These quirky tidbits, however interesting they may be, still fail to illustrate the money-making juggernaut that Apple has become.
In light of that, it might be more instructive to look at some of Apple's competition in the tech space for some requisite context. Trying to make sense of $200 billion in the bank might be a challenge, but comparing Apple's profitability to some of the top tech companies in the world is likely to paint a much clearer picture.
Continue reading...
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Apple generated more profit in one quarter than Amazon has in 21 years originally appeared on BGR.com on Mon, 14 May 2018 at 15:45:40 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report