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January 27, 2015

Apple Makes Even More Money

Filed under: News — admin @ 8:29 pm

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Apple just reported their second quarter financial results. The profits are up, totalling over $18 billion. That makes it the most profitable company in the history of mankind.

Well, maybe not the entire history of mankind. It would be interesting to see what the various empires pulled in throughout history. You could compare their plunder with the value of gold as a historical standard. Still, for a gizmo company, Apple outshined Exxon/Mobile for the most profitable quarter ever.

You might bemoan that with all those profits, Apple could pay their Chinese laborers more money. Not worry: Those jobs will soon be replaced by robots. So all is well on the bottom line.

Financial Times

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