For those who truly hate Apple Incorporated (for whatever reasons) there is some news that will make them go stark raving mad. Apple’s iPhones have sold and made more dollars than Amazon and Microsoft. Applephobia is therefore just a disease of the minority that hardly affects the lovers of Steve Jobs’ company and its products.
Apple’s iPhone 5S and iPhone 5C sold in excess of 9 million units in the first week after their official launch. This has raked in so much profitable cash for Apple that it is a source of great pride for the company. There are many who consider Apple to be well past its prime. The good old days when a super genius like Steve Jobs ruled the roost and oversaw each and every activity are said to be gone with the wind. But Tim Cook, the CEO, has a few aces up his sleeve. The man may be taciturn but he knows how to play the game.
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The company’s incoming revenue over the past four quarters has made it a force to be reckoned with. It is way ahead of other giants such as Amazon, Microsoft, Goldman Sachs, PepsiCo, Dell, Google and Pfizer. This information in itself speaks volumes about Apple’s strength in the market. The iPhone phenomenon has sold for a total of $88.4 billion as the annual report says.
The iPhone alone is capable of competing with other companies and leaving them biting the dust. The iPhone’s value makes Apple the ninth biggest player in the Dow 30 of the Dow Jones Industrial Average. This is not a mean feat no matter what angle you look at it from.