Gassée on Apple redefining what's possible


Jean-Louis Gassée on Apple's financial and product success

Apple sold 74.5M, + 57% over last year's same quarter. iPhone revenue was $51.2B, + 57%. That's enough iPhones for 1% of the world population, 9.4 iPhones for every second of the past quarter.
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After generating $33B from operations, the company now holds $178B in cash and cash equivalents. To get a sense of the magnitude of this amount, $178B represents $550 for every US citizen, or $25 per human on Earth.

The article goes on to outline the "laws" Apple has time and time again broken in regards to what financial analysts and management experts deem possible. There's also an interesting chart from Wikipedia that shows that Apple owns 5 out of the 10 record quarterly corporate profits of all time.