Everyone knows Apple is incredibly profitable, but did you know that the top-earning tech company brings in more money than Hewlett-Packard, Google, Intel and Cisco combined?
That’s according to the San Jose Mercury News’ newly published Silicon Valley 150 list, which ranks 75 tech companies using data from Bloomberg and U.S. Securities and Exchange Commission filings.
The list shows that, at $174 billion per year, Apple brings in more revenue than second-place HP and third-place Google combined, while raking in more profits ($37 billion) than the rest of the top five taken together.
According to a recent infographic, Apple earns an incredible $325,000 each minute.
The full SV150 list can be seen below:
Source: Silicon Valley
Luke Dormehl is a U.K.-based journalist and author, with a background working in documentary film for Channel 4 and the BBC. He is the author of The Apple Revolution and The Formula: How Algorithms Solve All Our Problems … and Create More, both published by Penguin/Random House. His tech writing has also appeared in Wired, Fast Company, Techmeme and other publications.
19 responses to “Apple Earns More Money Than HP, Google, Intel and Cisco Combined”
Your welcome, Apple.
you’re
Seriously why do people keep doing that?
because.
They could bring in a lot more if they would get their heads out of their asses and start providing cell service on their iPads.
Really seems like you need to get your head out of your own ass.
Yours is probably stuck up Tim Cooks ass.
Nope. It’s right here next to my cellular iPad.
A iPad with cell service makes as much sense as a desktop computer with cell service…
That’s the most idiotic comment I’ve seen in awhile. Thanks for a good laugh!
So you’re saying they could actually afford to give us customers are larger screen with more storage (32GB should be base and 128GB should be an option) and more RAM on our iPhones? Aaaaaand they could afford to offer this at the same price point of the current models since competitors already offer larger screens and more RAM for cheaper? Gaaaasp
And then our iPhones would have about 2 hours of battery life. Good thing you know better than Apple does! LOL!
Goes to show how much Apple’s customers are overpaying for their iStuff
Troll harder.
lol
So why isn’t Mircrosoft on the list?
I see $77849 billion : http://www.microsoft.com/investor/reports/ar13/financial-highlights/index.html
Because it’s not headquartered in the areas defined as “Silicon Valley”?
Yeah figured that after reading it again. Thanks though :)