Apple, the most valuable public company in the world, is making major casheesh off their cool and oh, so innovative tech gadgets — here is an Infographic that puts this in perspective.
Last week, the company reported a record net profit of more than $13.6 billion for its quarterly report lasting 14 weeks and ending Dec. 31, 2011. A rumored summer release of the iPhone 5 will help keep the money flowing in this year for the more than $400 billion company, and the soon to be released iTV is alleged to blow doors off the TV industry.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” Tim Cook, Apple’s CEO, said in a statement. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
Apple could pay off the public debt of eight European Union countries. Apple could also write $6,622,516 checks to each of its employees before exhausting its fortune. More than $97.7 billion of Apple’s money is in cash reserves, and two-thirds of the money is stored offshore. I am one of those “fools” that think the company will break $1,000 a share this year. But, mostly I LOVE cool Infographics!