Well Apple recently announced their mind-boggling results. Even without an iPhone 5 they were able to shake the markets and tremble competitors. At one point of time, Steve Jobs said that he wanted to emulate Sony’s model of product development and marketing. And it is 2012, when Sony posted a net loss of a $1 billion and announced that they would like to emulate Apple’s product development & marketing model. What an irony!
Anyhow, Apple announced a result which would put any global giant into envy. They went on to become the largest corporation in the world based on market capital outstripping Exxon and if I remember correctly, it was a whopping $450 billion. Apple posted revenues of $46.3 billion for the last quarter of 2011 and an astonishing $13 billion profit. Amazingly, Apple’s profit alone was more than Google’s Q4 revenues which was at $10 billion and was more than double the annual revenue of Facebook. Microsoft has done very well too but clocked $17 billion in revenues. Keep in mind that these are all giants and not to be undermined just because they were overshadowed by Apple on earnings. These are all huge corporations with great talent and ideas. They are in the same league. However, we can say that Apple is in a league of its own!
This gargantuan result could be easily attributed to the 37 million units of iPhones sold by Apple. With rumors around the Apple TV doing the rounds, who knows where Apple would land.
Perhaps, I should blog next on the success factors of Apple…
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