Well now. If you had any doubts about Apple’s financial status, this infographic will eradicate them: Apple is coining it. The Cupertino-based giant announced its latest results yesterday — a cool US$8.8-billion in profits this quarter thanks to the sale of 26-million iPhones and 17-million iPads — so it’s clear the company is not exactly filing for bankruptcy. But a yearly revenue equal to the GDP of New Zealand? Ef.
Ok, so some sources put the GDP of the Australasian country at US$161.9-billion, so maybe not. But it’s still a lot of money — more than the GDPs of other countries like Hungary, Iraq, Bahrain and Vietnam. Let’s delve into the millions and billions associated with the fruity tech company, shall we? First up, cash reserves: a nice US$110-billion. Let’s put that in perspective… it could buy RIM. Or Nokia. Or, the way things are going, maybe even Facebook. It’s no secret that Apple’s shares are among the priciest in the business.
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What about the future? All signs point to an increasing focus on China — after all, the country was responsible for US$5.8-billion of sales last quarter and it’s become the second biggest brand in the region. Apple recently announced it would be integrating Chinese search engine Baidu and a host of local social networks in the latest version of the OS, which may make even more than 21% of Chinese consumers want their next computer to be a Mac.
Underwhelmed? There are more stats in the infographic below.