Apple’s Massive Numbers And Some Context

Simply looking over the numbers, it might be hard to wrap your head around what Apple just announced for their Q1 2012 results. A company this big is not supposed to be able to nearly double revenue year-to-year. Nor are they supposed to more than double profit. But Apple did both. The numbers are so big that they almost seem like they should be typos — especially coming after a quarter that was a "miss" (though we can now clearly see what a joke that "miss" was). So perhaps it's best to point out some bigger numbers and to frame some of them in ways to make them easier to understand. That's what all of Twitter seemed to be doing anyway during the earnings call this afternoon. Apple's profit of $13.1 billion was equal to their revenue in Q4 2010, as Jordan Golson notes. To be clear, that was just a year and a quarter ago. That's how quickly Apple is growing.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ONe3wV7AyIg/

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