Apple rolling in cashApple News By Marc Chacksfield Friday at 11:24 UTC | Tell us what you think [ 6 comments ]
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Apple: considerably richer than you New financial results show that Apple now has a market value which is greater than both Google and Microsoft combined.
Stock in the company rose by a mighty three per cent this week, this comes a few weeks after the company revealed that it had its best quarter ever – managing to earn $13.06 billion with total revenue in the quarter up to $46.33 billion.
Apple: bigger than drugsCouple these results with Google's share price falling nine per cent and Microsoft losing 6 per cent of its Windows revenue and what you have is a company which is greater in stock value than the sum of its two biggest tech rivals combined.
Aptly, it was Fortune magazine which put Apple's fortune into context best, with it noting that the company now worth more than the gross domestic product of Denmark and has more value more than all of the illegal drugs in the world put together.
And if you want to know more things Apple is richer than, then head over to the rather excellent 'things Apple is worth more than' Tumblr.
Via AppleInsider Tags: Google, Microsoft, AppleTweetreddit!StumbleuponComment on this article Your comments (6) Click to add a new commentbradavon6. You don't want Microsoft to die. Their software runs on so many businesses we're all connected to in some way.
Alert a moderatornia5. Microdick and apple are the biggest a-holes on the planet...
Hope they soon die and wanish, greedy *******s!!
Alert a moderatordercius4. I don't care how well its doing,the bottom line is that Apple is a nasty company,run by megalomaniacs,and seemingly bent on world domination,the sooner they fall the better.
Alert a moderatortentimes3. Strong it is, the Ghost of Jobs. Wither, it will, in time.
Alert a moderatortentimes2. They will crash big after they lose the next tablet war. I think 2012 is the time to sell Apple stock. 2013 onward will be a decline.
Alert a moderatorbattousai1. And yet they are still so worried that they have to sue everyone for everything for having the downright nerve to have a competing device...
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Apple's numbers have a story to tell And the story isn't just "we're rich!"
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