Infographic breaks down just how obscene Apple's cash pile is
Created by: MBA Online
1. Sackboy117 (Posts: 178; Member since: 17 Oct 2011)
First. Hello, I'm Mr. Krabs and I like money.
4. G2Noobin (Posts: 81; Member since: 17 Dec 2011)
Lol at the people that thumb up this comment.
1st buying a product from a rich company will never make you rich even in status...in fact it will make the company ripping you off, richer, that goes for most all overrated companies.
2nd of the 97.7 billion of cash assets, 64 billion is overseas.. and will be heavily taxed if brought back to ameica... also most likely from over seas sales not from americans.
3rd Apple would never 6 & half million to its employees each...like dangling the carrot in front of the rabit whilst the rod is tied on the back...meaning he will never get it.
4rth Wal-mart supplies income for Millions of low to middle class families and bring affordable-ish needs for families with low budgets...Apple sells limited products...im not saying walmart is a saint either.
5th Personal note feel the apple product is waaayyy over rated for people that might be feeling a little empty inside....PCs have been productive in many different feilds...i think people are supporting the wrong revolution...its a scam
6th i unno i just cant stand the functionality of apple period. i apologize
7th Siiiigh what is going on?
23. nickjjay (Posts: 79; Member since: 10 Oct 2011)
Please read the comment above. If i could give it 2 thumbs up, i would. I agree 100% with you on the fact that apple is a scam.
26. jamrockjones (Posts: 345; Member since: 26 Oct 2011)
See Walmart's profits look about right. There revenue was HUGE yet after expenses their profit margin is dramatically less. Apple spends 3x less on production costs and made 4x the profit as Walmart! That's sick. They should make a law against this to protect the ignorant buyer.
2. oueighteen95 (Posts: 20; Member since: 20 Dec 2011)
And what do they do with that money........they sue. Plus the storage fees and medical cost to keep Steve Jobs brain alive has to be pretty expensive.
19. G2Noobin (Posts: 81; Member since: 17 Dec 2011)
lol futurama...its a damn good idea to keep the idea man alive or a peice of him with all the ideas..lol
3. narley (Posts: 357; Member since: 14 May 2009)
Yes steve jobs was a brilliant man, and possible the edison of our generation. But is it really necesarry to have that much money? All your customers are losing their homes cause this country is ass backwards but hey, homeless people still need phones right?! Yay!
10. tsarbomba (Posts: 16; Member since: 11 Nov 2011)
Apple earned the money, so it is necessary for them to have it, rather than anyone else.
If consumers are ass backwards enough to pay for Apple products while they lose their homes, that is not Apple's fault. Its not like there is a legislative mandate forcing all Americans to buy cell phones from Apple or pay a fine for not having one.
22. fishpower187 (Posts: 88; Member since: 22 Feb 2010)
Oooooh... nice health (s)kare reference!
6. G2Noobin (Posts: 81; Member since: 17 Dec 2011)
Again awesome comment...agree with country ass backwards. ; ) keep it up!
8. Contreramanjaro (Posts: 153; Member since: 04 Dec 2011)
If it wasn't for Final Cut Pro I'd have nothing to do with this company. I love Mac but I hate iOS and the direction the company has grown from it.
9. Whateverman (Posts: 3162; Member since: 17 May 2009)
Glad they FINALLY started donating some of that money to charity.
11. 530gemini (Posts: 2198; Member since: 09 Sep 2010)
Why are fandroids posting negatively on here? Don't you guys claim that Samsung has more money? What does that make Samsung then? Lol.
16. roscuthiii (Posts: 1720; Member since: 18 Jul 2010)
Who the hell ever said Samsung has more money? They just sell more products; nobody has Apple's profit margin though.
Which is odd, considering one of the main AAPL Defender shield statements is that (many) other people use Foxconn too. If it's all manufactured by the same company then product quality should be fairly static across the board.
So either Apple does have extra control over their product creation, or they are overcharging for similar quality goods. Or, maybe quite a bit of both...
13. andro. (Posts: 1927; Member since: 16 Sep 2011)
As obscene as it is to see Apple with this much money,the most obscene facts of it is that its all money drained from ifans selling literally the same product year after year with absolute minimal changes.
Its obscene that that this ifan apple buying trend continues despite the products have many reported faults almost by the week,and also faults were apple quite literally tell its buyers to f*ck off and stop holding their phones the wrong way.
Its obscene that apple tries to use this money to control and dominate and sue out of existence any companies which compete or better their products.
Its obscene that a apple phone which cost so much but offer nothing more (and often less) than their rivals only come with a one year warranty and apple will demand more money extract for the legal 2 year warranty. Its obscene that due to apples money and control no EU goverment besides Italy has challenged this!
25. 530gemini (Posts: 2198; Member since: 09 Sep 2010)
What's obscene is your bitterness and disrespect to other people's choices :)
15. taz89 (Posts: 1948; Member since: 03 May 2011)
lol fan boys now going to argue about which company has more money like they going to see some return lol some are just pathetic...unless your a shareholder you should not care about this at all.
17. Tarkio (Posts: 30; Member since: 17 Jan 2012)
Apple is such a bubble company. Their entire history is just a roller coaster of some success and huge failures. They may try to keep a lot of cash on hand because their history is one of needing funding to even stay in business. The world moves so fast now, apple may or may not even be around in 20 years. They'll probably be a niche subsidiary of a Chinese company that hasn't even been founded yet, if even that.
18. Vrils (Posts: 29; Member since: 17 Sep 2011)
when you sell a phone for 800$, to millions every year, of course you get rich...
21. gkquiambao (Posts: 62; Member since: 23 Nov 2011)
Phonearena always writes a report about how much money apple is making. I already read about three or four articles about apple sales. I mean what is that about? One article is enough. Two or more articles about the same apple sales and profit clearly shows advertising and favoritism.