More 'iPhones sold per day (402,000) than people born in the world per day (300,000)' -
When the world’s largest technology company reports its largest quarterly earnings ever, context can be hard to come by.
Analysts were left drooling over Apple Inc. when the company reported record high Q1 revenue of US$46.33-billion and earnings of US$13.87 per share after markets closed Tuesday. Wall Street was not expecting more than US$38.76-billion in revenue or US$10.07 EPS, accounting for much of their subsequent salivation.
Selling 37 million iPhones, 15.4 million iPads and 5.2 million Mac computers also broke records and total cash in Apple’s coffers was nearing US$100-billion by the end of the quarter.
Big numbers to be sure, but what do they mean in concrete, easy to visualize terms. We at FP Tech Desk took to Twitter in hopes of providing a few examples below.
When the world’s largest technology company reports its largest quarterly earnings ever, context can be hard to come by.
Analysts were left drooling over Apple Inc. when the company reported record high Q1 revenue of US$46.33-billion and earnings of US$13.87 per share after markets closed Tuesday. Wall Street was not expecting more than US$38.76-billion in revenue or US$10.07 EPS, accounting for much of their subsequent salivation.
Selling 37 million iPhones, 15.4 million iPads and 5.2 million Mac computers also broke records and total cash in Apple’s coffers was nearing US$100-billion by the end of the quarter.
Big numbers to be sure, but what do they mean in concrete, easy to visualize terms. We at FP Tech Desk took to Twitter in hopes of providing a few examples below.
