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Apple Tim Cook's Company

Apple is the iPhone company. That one device accounted for 56% of Q1 revenue (add in iPad sales, and that means iOS accounted for more than three-quarters of everything Apple sold). Sales of the iPhone in China did not exceed those in the US, as the Financial Times reported they would. But overall sales in China — a brand new market for iPhone — were up 70% year over year.

Other nifty factoids:

Profit of $18 billion was the biggest ever reported by a public company

Cash pile is now $178 billion. That's $556 for every American, or enough to buy Intel, Cisco, IBM or Amazon

They sold their one billionth iOS device in November (a 64 gig iPhone 6+)

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Uploaded on January 29, 2015