Yesterday Apple released their Holiday 2014 Quarterly Financial results, and they were staggering. The charts, numbers, and everything are off the charts. But for me, nothing shows how huge and successful Apple has become, than this bit from 9to5mac.com:
The record-breaking numbers also explain why, despite the stock buybacks and dividends paid out by Apple, its cash reserves continue to climb, now standing at $178B. As Business Insider commented, this would be more than enough to enable Apple to buy IBM, Ford, GM and Tesla with $41.3B in change.
Unbelievable!
Source: 9to5mac.com