Corey Posted January 31, 2012 Share Posted January 31, 2012 Apple reported a monster first quarter last Tuesday that sent the company’s stock skyrocketing over the past week. Apple’s holiday quarter was the most profitable quarter ever reported by a technology company, and the second most profitable quarter reported by any U.S. firm. With a market capitalization that now sits in excess of $420 billion, Apple is currently the most valuable company in the world, and with more than $97.6 billion in cash and cash equivalents at the end of calendar 2011, Apple has amassed an unbelievable war chest that is unrivaled among its competitors. Business blog MBA Online recently put together an infographic to help us visualize just how big Apple has grown since it teetered on the brink of bankruptcy in the late 90s. Among the graphic’s bullet points are the facts that Apple’s year-end cash pile is enough to buy an iPad for each and every person living in Canada and Greece combined, and it’s also enough to pay off the entire public debt of eight countries within the European Union. The site’s full infographic follows below. Read View the full article Quote Link to comment Share on other sites More sharing options...
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