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Apple Just Had The Most Profitable Quarter Of Any Company Ever
TechCrunch ^ | January 27, 2015 | by Greg Kumparak

Posted on 01/27/2015 8:12:52 PM PST by Swordmaker

Apple had a pretty good quarter.

And by “pretty good,” I mean it was the biggest quarter in history. And not just for Apple. For any company. Ever.

This page charts the past record holders. Until today, Russia’s Gazprom (the largest natural gas extractor in the world) held the record at $16.2 billion in a quarter.

Apple now holds the record: $18.04 billion in profit, fiscal Q1 of 2015.

Absolutely. Insane.

For reference, that means Apple makes around $8.3 million dollars per hour in profit (24 hours a day).

Of the current Top 20 record holding earners, 15 are Oil/Gas producers — primarily ExxonMobil and Shell. The other five are all Apple, over various quarters.


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: apple; appleearnings; applequarter
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To: The KG9 Kid
If you’ve got all Apple gear but still use a PC desktop, you’re really hobbling yourself for no good reason unless you can think of one right now. Microsoft sure can’t come up with one.

My gaming rig, designed explicitly for flight simulation, is Microsoft. Rather than purchase a Mac with the same hardware, I had one built to my specifications, and it was about a thousand dollars less than the equivalently hardware-d Mac. If I had that kind of cash, I would have considered it, though. I'm going all Mac except for my game rig. My wife is already all Mac, and we also have Apple TV, and two Ipods running around the house on kids' collars.

21 posted on 01/28/2015 3:24:53 AM PST by Big Giant Head
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To: napscoordinator
I have to update my MacBook soon as it is 4 years old.

It's a shame that their products are so good, the old rig is still perfectly good. I bought a mac in 1986, my second mac in 2011, my third in 2012 and sold the 2011 for a good price. I'd love to replace it again, but can't justify it. In between the first and second mac I had a variety of windows boxes, but none were as compelling.

22 posted on 01/28/2015 3:51:21 AM PST by palmer (Free is when you don't have to pay for nothing. Or do nothing. We want Obamanet.)
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To: palmer
I bought a mac in 1986

Was it a Mac Plus? Did you spring for the $$ external SCSI hard drive?
23 posted on 01/28/2015 4:37:48 AM PST by Dr. Sivana (There is no salvation in politics)
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To: Swordmaker
5. Apple, 2014 1Q – $13.10 billion

6. Apple, 2013 1Q – $13.08 billion

7. Apple, 2012 1Q – $13.06 billion

Hmmm.. that looks pretty fishy to me. Who audits their books?

Another observation and comment to all the Apple Fanboys..... Just remember....this type of business is just two bad products away from a 75% correction. And you better hope the IWatch is not a trend.

I like my Ipad and Ipod, but still have to say that much of this run up is emotion rather than sound financial guidance.

24 posted on 01/28/2015 4:44:47 AM PST by catfish1957 (Everything I needed to know about Islam was written on 11 Sep 2001)
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To: biff

All over a stupid cell phone, what is called a smart phone.

Amen. Could not have said it better myself. They have turned its users into extremely rude people. 90% of the time they are used on social media by young people to talk smart to each other. As you said, a huge waste of time and dangerous when used at the wrong times.


25 posted on 01/28/2015 4:46:13 AM PST by reaganbooster (The democrat party symbol should be the grim reaper instead of the donkey.)
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To: ilgipper
Although i have yet to transition from PC to Mac

They need to learn to make this thing with some USB ports. One or two just doesn't cut it for me. On the upside, it seems ios sure has a better record at warding off viruses, malware, rootkits, etc. Seems like an ongoing fight with these issues with PC's.

26 posted on 01/28/2015 4:48:25 AM PST by catfish1957 (Everything I needed to know about Islam was written on 11 Sep 2001)
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To: reaganbooster
Before I retired, I literally saw the transformation of society before my eyes. It got to the point that I had to tell my employees to turn off or leave their phones before entering my office. The under-40 crowd at the time had turned from functioning humans to heads down zombies affixed to their smart phones. The lunch room which a few years earlier was loud and boisterous with talk and chatter had turned into a full room of silent phone junkies.

Don't get me wrong, I love technology, and in fact I had a PC clone in 1984. However, it has now gotten to the point, where that technology is destroying the ability for humans to interact. And that is not good.

27 posted on 01/28/2015 4:56:11 AM PST by catfish1957 (Everything I needed to know about Islam was written on 11 Sep 2001)
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To: Swordmaker

Look at the profit margin. For Exxon and Walmart, it’s like 8% and 2.5% respectively; for Apple (AAPL), it is like 58%.

Where are the liberals screaming, too much profit, tax them more???


28 posted on 01/28/2015 5:14:34 AM PST by CincyRichieRich (We plan to endure. 3%)
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To: The KG9 Kid

I don’t understand the virtual Windows 7 on a Mac.

I bought Office for Mac and I get it all. Word, Excel, Powerpoint, etc. I can send any file that I originate on my Mac to any PC and vice versa.

So why the virtual Windows?


29 posted on 01/28/2015 6:01:45 AM PST by Not gonna take it anymore (If Obama were twice as smart as he is, he would be a wit)
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To: catfish1957

The minimal # of USB ports are my complaint as well. Though my Mac mini has 4 USB ports and an ethernet and HDMI port.

I bought a Belkin 4 port hub which works out great for all the other stuff I need to charge, etc.


30 posted on 01/28/2015 6:07:25 AM PST by Not gonna take it anymore (If Obama were twice as smart as he is, he would be a wit)
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To: Dr. Sivana

It was the mac plus. I had to wait for a couple weeks on backorder. Later I got an external hard drive. I think it was 30MB for about $1200. I had to have some sort of connector installed in my mac plus, and SCSI makes sense but I don’t remember. Did you have one?


31 posted on 01/28/2015 6:09:59 AM PST by palmer (Free is when you don't have to pay for nothing. Or do nothing. We want Obamanet.)
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To: palmer
I had to have some sort of connector installed in my mac plus, and SCSI makes sense but I don’t remember. Did you have one?

I was a Mac admin at a college in CT. The Plus had built in SCSI. Reasonably fast, but quite expensive. The connecting cable (25 pin to 50 connector flat edge) was good for $50 (from Apple). Plus, you had to have a terminator in most cases, sometimes two.
32 posted on 01/28/2015 6:14:34 AM PST by Dr. Sivana (There is no salvation in politics)
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To: Not gonna take it anymore
So why the virtual Windows?

There is a whole galaxy of products that are available just for Windows, or at least not for Mac. A lot of ERP products (Sage MAS 200 for instance), and a bunch of financial programs. The world runs on more than Office and FileMaker Pro (which I love).
33 posted on 01/28/2015 6:16:26 AM PST by Dr. Sivana (There is no salvation in politics)
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To: Dr. Sivana

Yes, that all makes sense. Pretty sure I had a DB25 to centronix cable for the SCSI and a centronix terminator on the drive. I am still trying to remember what I had done to the mac. Some sort of internal connector for something brought out to the back of the case. I can’t think of what that would be.


34 posted on 01/28/2015 6:27:09 AM PST by palmer (Free is when you don't have to pay for nothing. Or do nothing. We want Obamanet.)
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To: Not gonna take it anymore

I have to keep a couple of Windows machines around for specific Windows rip software for my t-shirt printers and embroidery digitizing software. I also need a specific version of Quickbooks that isn’t available on Mac, which I run virtually using VMware Fusion. Everything else is Mac.

Just compare the price of setting up a ten user Windows server vs a ten user Mac server. I just Googled “Windows Server” and I can’t even figure out what I would need, but I’m pretty sure it is hundreds if not thousands of dollars for just the software. Mac server is $29 with unlimited user licenses.


35 posted on 01/28/2015 6:34:25 AM PST by Crusher138 ("Then conquer we must, for our cause it is just")
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To: palmer
Some sort of internal connector for something brought out to the back of the case.

Mac Pluses were not supposed to be opened (if you insisted, you needed a 10" torx shaft and a case spreader). The Mac SE was the first on with a slot and the possibility of an internal HD. A user might open the Mac Plus to upgrade the miserable stock 4x256K SIMMS to 2x1M or 4x1M.


36 posted on 01/28/2015 6:39:44 AM PST by Dr. Sivana (There is no salvation in politics)
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To: Swordmaker

I’m sure the moonbats think it is racist and unfair for Apple to make all this money when everyone doesn’t have an iPhone.


37 posted on 01/28/2015 6:40:14 AM PST by IamConservative (If fighting fire with fire is a good idea, why do the pros use water?)
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To: Swordmaker

now THAT is a milestone.

imagine what sort of sales they could accomplish in a market not hampered by socialism and chaos


38 posted on 01/28/2015 6:53:43 AM PST by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: Not gonna take it anymore

If you simply must have it, and some people do, it’s an option. Usually some workplace-related commitment.

That’s all I can think of, really.


39 posted on 01/28/2015 7:27:16 AM PST by The KG9 Kid
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To: cynwoody
In other news, Microsquish down 9.25% on the day.

It will take a while, but they seem to be slowly righting the ship and have their act together. The more time/distance they can put between themselves and Steve Ballmer, the more successful they will be. He made some really boneheaded moves that cost them a lot of money, but more importantly, cost them time and therefore marketshare.
40 posted on 01/28/2015 8:41:15 AM PST by af_vet_rr
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