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Putting Apple’s Revenue Numbers Into Perspective

Last night, ahead of the big Apple event which undoubtedly will bring in billions of new revenue  from those holding out for the new iPhone 5 — I was curious just how much cash Apple, a $625 Billion dollar company brings in on a daily basis. Breaking down the numbers, I was quite surprised! So here’s a quick little post breaking down the last 12 months of revenue reported by Apple.

Apple by the numbers

Apple earns $4,732 every second… Not bad I guess.

Apple earns $4,732 every second… Not bad I guess.

 

Now I know what you’re thinking. Huh, only $408 MILLION a day? Yeah… I was shocked as well. Now granted, only about 25-30% of that makes it into the bank after expense but still…

So looking at the numbers, I guess one could say AAPL probably does have some room to grow at $661.00 a share. Hopefully you bought some of it back in 2010 when it was still under $100 a share.

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2 Responses to Putting Apple’s Revenue Numbers Into Perspective

  1. Sam September 13, 2012 at 12:13 pm #

    Line from my favorite movie
    Forrest Gump : “…He got me invested in some kind of fruit company. So, I got a call from them saying we don’t have to worry ’bout money no more. And I said that’s good.”

    • Steve Krause September 13, 2012 at 1:15 pm #

      Simple is as Simple Does……

      If only I hadn’t thought I could out think the stock…. I dumped all my stock after it hit $200 in 2008 then dropped into the $80’s in 2009. Ouch…

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