The Apple iPhone is bigger than the entire Microsoft business [February 2012]
Written by pinolobu on February 7, 2012 – 9:25 pm -It was reported on 6th February 2012 that Apple’s iPhone division generated USD24.4 billion in revenue in the quarter ending December 2011, after selling 37,040,000 iPhones.
In the same period, Microsoft generated USD20.9 billion.
That means, the iPhone is bigger than the whole of Microsoft – Xbox, Windows and Office all together.
Microsoft’s figures are a company record, yet it’s still beaten by Apple.
Apple now has USD100 billion in cash, enough to buy Facebook, if it wanted to.
In May 2010, Apple’s market capitalisation became bigger than Microsoft, the first time it did so in 20 years.
When it comes to market cap, in the third quarter of 2011 Apple even managed to become the world’s number one company, bigger than even O&G giant Exxon!
Truly remarkable, considering that the iPhone didn’t even exist 5 years ago.
But perhaps the most amazing thing is that it’s now even bigger than “a company that, 15 years ago, was dragged into court and threatened with forcible break-up because it had amassed an unassailable and unthinkable profitable monopoly.”
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