by Chris Smith, 10 months ago
Apple on Tuesday announced its financial results for its third quarter of fiscal year 2012 – which corresponds to the second quarter of the year, ending on June 30 – and we’re looking at some…
There’s a lot of Apple hate going on in the comments section of our website (sometimes justified, sometimes not as much), but if there’s one thing fanboys, Android enthusiasts and neutral tech lovers can’t deny is Cupertino’s ability of turning everything it touches into gold.
We’ve grown accustomed to hearing about Apple’s record profits or groundbreaking sales numbers, not to mention the insane margins other companies can’t even dream of. Take the latest financial report, for Q4 FY2012 (the period between July 1 and September 30).
Despite falling short of estimates, the iPhone makers raked in an outrageous $8.2 billion in net profits on $36 billion revenue. And that was with the iPhone 5 released days before the end of the fiscal quarter or unreleased in many countries.
If we put those results into perspective, we get an even more impressive picture of Apple’s financial state. That is of a company who just wrapped up its fiscal year with a record profit of $41.7 billion on $156.5 billion revenue.
Taking matters even further and comparing the numbers with the “competition”, Statista compiled a very interesting (and, why not admit it, fun) chart. That shows not only that Apple is the most profitable company around, but also how far ahead of everyone else it is.
Apple is followed in the charts by the Facebook – Yahoo – Amazon – Microsoft – Google – Ebay conglomerate. Wait, what? That’s not a real thing. No, it isn’t, but, believe it or not, those six big-time companies only managed to draw in $34.4 billion in profit in the past four fiscal quarters combined.
Even further down the ranks we see basically the entire PC industry being ridiculed by Apple big-time. Dell, Intel, Asus, Acer, IBM, HP and Lenovo altogether didn’t even make half as much money as Tim Cook’s tech giant, bringing in a combined $19.4 billion in the last year.
Things are even worse in the smartphone universe, where Samsung, Nokia, HTC and RIM raked in $12.8 billion during the same time, which is less than a third of Apple’s profit. Disappointing? We’ll say, although we find ourselves obliged to mention a couple of things here.
First off, Samsung is itself on an unprecedented financial roll, breaking sales and profit records after records in 2012. Secondly and most importantly, while Nokia, RIM and HTC have all been major players in the past, the emphasis is now on the “past” aspect. All three companies are in desperate seeking of their former glory with no realistic perspectives of that happening anytime soon (or ever, for that matter).
What I’m trying to say basically is that it’s not exactly fair to put Samsung, a very profitable company lately, in the same category as Nokia, RIM and HTC, who’ve all lost big money in the last year. That’s not to say I’m trying to diminish Apple’s merits in any way. After all, even if Sammy was being compared by itself with the Cupertino-based company, it would still heavily lose the profits battle.
Back to Apple, we have nothing more to say but respect and well done. Admitting the obvious is the right thing to do, no matter our personal preferences or opinions. Right, guys?