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Apple's Astonishing Profit in Context

From October 2011 through September 2012, the combined net profit of Microsoft, Google, eBay, Yahoo, Facebook and Amazon was $34.4 billion. Apple alone made $7 billion more. In the same period, Dell, Asus, Intel, Acer, IBM, Lenovo and HP, i.e. virtually the entire PC industry, made $19.3 billion or less than half of Apple’s profit. Seeing these numbers, it is no surprise that, despite its recent dip, Apple is still the most valuable public company in the world. All its recent shortcomings notwithstanding, Apple’s business remains incredibly profitable. More numbers here.

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