10 Insanely Great Facts About Apple

by Tom Taulli | April 26, 2012 6:30 am

It seems like Apple (NASDAQ:AAPL[1]) isn’t just a tech company — it’s perpetual growth machine. In the latest quarter alone[2], the company nearly doubled its earnings and grew revenues by almost 60%.

Apple’s always a great candidate when it comes to having fun with numbers[3], and that certainly hasn’t changed after its second-quarter earnings report.

Here’s a few crazy facts about Apple after its Q2 earnings:

• Apple is more profitable than Microsoft (NASDAQ:MSFT[4]), Oracle (NASDAQ:ORCL[5]), Google (NASDAQ:GOOG), Facebook and eBay (NASDAQ:EBAY[6]) combined.
• Apple grew its revenues and profits faster than Facebook.
• Apple generated $14 billion in cash flows from operations — enough to buy Finnish tech giant Nokia (NYSE:NOK[7]).
• Apple sold 35.1 million iPhones — enough to give everyone a device in Shanghai, China, with 5 million to spare.
• The iTunes Store posted $1.9 billion in revenues — well more than double the $779 million in revenues generated by recording giant Warner Music in its most recent quarter.
• The iCloud, which launched in October, already has more than 125 million customers. Cloud storage leader Dropbox, established in 2007, has about 50 million users.
• Apple’s stock gained about 9% Wednesday, adding about $50 billion to its market cap — roughly the worth of chemical giant DuPont (NYSE:DD[8]).
• At about $570 billion, Apple’s market cap is larger than the GDP of Switzerland.
• The company’s ratio of market cap per employee is roughly $9.3 million.
• Over the past decade, Apple’s shares are up about 4,700%.

Tom Taulli runs the InvestorPlace blog IPO Playbook, a site dedicated to the hottest news and rumors about initial public offerings. He also is the author of “The Complete M&A Handbook”[9], “All About Short Selling”[10] and “All About Commodities.”[11] Follow him on Twitter at @ttaulli[12] or reach him via email[13]. As of this writing, he did not own a position in any of the aforementioned securities.

Source URL: https://investorplace.com/2012/04/9-insanely-great-facts-about-apple-aapl/

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