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Apple Profit Equals Google, IBM and Microsoft (Combined)
When Apple (NASDAQ: AAPL) today announced blow-out Q2 2012 revenues of $39.2 billion (up 59%), The VAR Guy noticed some rather amazing trends. Just how dominant has Apple become? Take a look at these Apple revenue and profit figures vs. other technology giants like Cisco Systems, Google, IBM, Microsoft and VMware. For its just-announced Q2 2012 results, Apple said net income was $11.6 billion. That's...
The VAR Guy
April 24, 2012
1 Min Read
Apple-Profits
When Apple (NASDAQ: AAPL) today announced blow-out Q2 2012 revenues of $39.2 billion (up 59%), The VAR Guy noticed some rather amazing trends. Just how dominant has Apple become? Take a look at these Apple revenue and profit figures vs. other technology giants like Cisco Systems, Google, IBM, Microsoft and VMware.For its just-announced Q2 2012 results, Apple said net income was $11.6 billion. That’s…
More than twice the quarterly net income of Microsoft.
Roughly three times the quarterly net income of IBM.
Roughly four times the quarterly net income of Google.
Roughly the combined quarterly net income of Google, IBM and Microsoft.
By the Numbers
Skeptical? The VAR Guy offers you this chart comparing revenues and net income (in billions of U.S. dollars) for each company’s most recent financial announcement:
[table]
Company Symbol Revenue % Growth Net Income % Growth
Apple AAPL $39.20 59% $11.60 94%
Cisco CSCO $11.50 11% $2.20 48%
Google GOOG $10.65 24% $2.89 61%
IBM IBM $24.70 1% $3.90 7%
Microsoft MSFT $17.41 6% $5.11 0%
VMware VMW $1.06 25% $0.19 52%
[/table]
Where the Numbers Came From
The VAR Guy gathered data from…
Apple Q2 results announced April 24, 2012
Cisco Q2 results announced Feb. 8, 2012
Google Q1 results announced April 12, 2012
IBM Q1 results announced April 17, 2012
Microsoft Q3 results announced April 19, 2012
VMware Q1 results announced April 18, 2012
Big Apple and Big Blue
Bottom Line: Apple appears to be dominating its industries the way IBM dominated the age of big iron in the 1960s and 1970s…
About the Author
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