26 April 2012

IPhone alone makes more money than ExxonMobil

IPhone alone makes more money than ExxonMobil

Apple is the most profitable company in the world. The company should generate $45-$50 billion of profit this year. That's way more than the next-most-profitable company in the world, ExxonMobil, which generated about $30 billion of profit last year. ...

[Moreover], Apple's iPhone business alone is likely more profitable than any other company in the world. Say what? Seriously. ...

The iPhone business ... has currently generated about $100 billion of revenue per year.


Read the original article at Business Insider

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