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, Russias 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.
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.
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.
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.
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.
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.
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.
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???
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?
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.
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?
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.
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.
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.
now THAT is a milestone.
imagine what sort of sales they could accomplish in a market not hampered by socialism and chaos
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.
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