Growth and Revival Reflected in First Quarter Earnings
The iPad is an amazing device that has changed the mobile business world. With e-signature software and other web-based software platforms and apps, anything seems possible with the tablet. Recently, it seems like almost anything is possible for the company producing the most popular tablet as well. Apple has once again topped the charts as the most valuable publicly traded company in the world, boasting a market cap of $414 billion. Yes, you read that correctly, and that doesn’t even include all of the cash that Apple has sitting in its bank account.
In Q1 of 2012, Apple amassed over $46 billion in revenue and earned a reported quarterly profit of$13 billion. That is a whole lot of cash, but it is chump change in comparison to the $96 billion that Apple reportedly has on hand. That is more money on hand than the combined net worth of every company in the world save the top 50 behind Apple.
Tags: e-signature software