In case you missed it, Apple released their earnings statement for the last 3 months on Tuesday. I won’t bore you with market cap numbers, earning per share, expenditures and all that. But I can put it in perspective for you:
Apple sold more than 37 MILLION iPhones in 3 months. The number of babies born in one day is something like 371,000. Apple sold 416,000 iPhones per day last quarter. It won’t be long till babies are tweeting on their way out. How rude.
That 37 million is just phones. Apple also sold 15 million iPads and 10 million iPad Touches. Just last quarter. All together there are now 315 million apple devices being used worldwide.
Apple alone is worth more than Greece.
Their cash pile is now worth more than every company on Earth minus 52 (mostly oil and gas companies)
They made $3 Billion more in three months than all of Hollywood made for the entire year.
I feel sorry for the Internet giants of the past: Apple is now worth more than 260 times what AOL is worth. Apple made more money from the App Store alone than all of Yahoo.
What does it all mean for you?
If you use an iDevice running iOS 5, you now have 62 million more friends to chat with free of charge through iMessages. Goodbye expensive text messaging plan, and good riddance.
The massive surge in devices sold will probably insure the the best apps and games will continue to be created for iOS before any other.
Apple uses its massive pile of cash to buy interesting technologies and companies in order to incorporate them into their devices. (eg Siri)
Apple also uses its cash hoard to order components in massive quantities. That helps keep the overall cost of your device down while still providing industry leading technologies.
Apple is approaching $1 Billion spent on research and development per quarter. Last year at this time Apple spent roughly $600 million dollars on research most likely associated with the iPhone 4S, iOS 5, and iCloud. Judging by the R&D numbers from this year we could be in for a ridiculously insane 2012 iPad 3? iPhone 5? New and improved AppleTV
Count me in.