Those blowout, forecast-beating results from Apple: the number crunchers in overdrive
January 25th, 2012 | Published in Apple
25 January 2012 – The entire tech community has been quick to compare Apple’s blowout figures announced yesterday to a range of other comparators – some more financially insightful than others. FT Techhub scoured the web for reaction and came up with these:
- AppleInsider notes that Apple sold more iPads than HP sold PCs, by Gartner’s estimates.
- Mathew Ingram of GigaOm tweets: “Apple’s revenue for the most recent quarter was more than it made in all of 2009.”
- CNN Money’s Paul La Monica calculates that Apple’s $97.6bn cash pile “is higher than the market value of 476 of the companies in the S&P 500”.
- Horace Dediu of Asymco suggests that at 1.4m units, Apple TV probably outsold Nokia’s Windows phone sales in the same quarter(that’s the “hobby” standalone box, ahead of an anticipated full TV set release sometime this year). Mr Dediu also notes, on Twitter, that Apple’s gross profit margin is at a 15-year high.
David Heinemeier Hansson of 37 Signals tweets a couple of stats: “Apple made more profit this quarter than the entire company was worth in 2004… Last year, Apple sold 93.1m iPhones, slightly more than it did in in 2007, 2008, 2009, and 2010 combined.”
Farhad Manjoo, a writer for sites including Slate and the New York Times, tweets that “Apple’s profits ($13bn) exceeded Google’s entire revenue ($10.6bn)”.
The Next Web reckons that there are now more iPhones sold every day than babies are born, globally.
Finally, the surge in Apple’s share price in after-hours trading on Tuesday put it back ahead of Exxon Mobil as the world’s most valuable company by market capitalisation, worth $422bn.
