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12 Mind-Blowing Facts About Apple That Will Remind You Just How Gigantic The Company Really Ishttps://www.businessinsider.in/12-mind-blowing-facts-about-apple-that-will-remind-you-just-how-gigantic-the-company-really-is/apple-generated-43-7-billion-in-sales-during-the-first-three-months-of-2014-thats-more-than-google-amazon-and-facebook-combined-/slidelist/34412863.cms2017-08-19T12:21:45+05:30

12 Mind-Blowing Facts About Apple That Will Remind You Just How Gigantic The Company Really Is

Aug 19, 2017, 12:21 IST

Apple generated $43.7 billion in sales during the first three months of 2014. That's more than Google, Amazon, and Facebook COMBINED.

Apple's iPhone business generated $26 billion in revenue. Microsoft's ENTIRE business generated $20.04 billion over the same period. The iPhone is growing faster than Microsoft, too.

The iPad generated $7.6 billion. It was considered a down quarter. Facebook did $2.5 billion last quarter. For further context, in the past 12 months, Facebook has generated $8.9 billion in revenue.

Apple's iTunes/software division did $4.57 billion in sales in Q1. For the last 12 months, Netflix did $4.37 billion in sales.

Apple's net profit was $10.2 billion for the first quarter. That's more than what Amazon has earned in its entire 20-year existence.

Apple's net profit was the 14th highest in history. It was also higher than Exxon's fourth-quarter profits. (Exxon hasn't yet reported Q1 earnings.)

Apple has $150.6 billion in cash. It could buy Facebook at Facebook's current valuation with its cash. Or, it could go on a shopping spree and buy Netflix, Tesla, Twitter, Dropbox, Pandora and Spotify. When it was done buying those companies, it would still have $59 billion in cash to spend on anything else it wants.

Apple isn't going on that shopping spree. Instead, it authorized $130 billion share buyback program. For context, Amazon's market cap is ~$137 billion right now.

Apple did $9.3 billion in China revenue, which is how much it was doing in the U.S. three years ago. By next quarter, Apple might do more in sales in China than it does in Europe.

Apple now has 800 million iTunes accounts. That's 800 million credit cards on file, which is more than any other company in the world.

Samsung sold twice as many phones as Apple, but generated about the same amount of revenue, and much less profit. (Samsung did $6.3 billion versus Apple's $13 billion.)

Apple says it added 60 million new users in the last six months. Twitter, which is free, only added 23 million new users in the last six months.

What's going to keep these numbers going?

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