Tuesday, Apple released its quarterly report that set out a new record for profitability. Here are some numbers to help put that report into perspective.
- Revenue for the three-month period ending December 27, 2014 was the equivalent of $34 million an hour
- Over the last 12 months, revenue was $199.8 billion, which is more than the gross annual domestic product of the Czech Republic.
- The quarterly earnings of Apple were more than eight times more than the most profitable quarter by the Royal Bank of Canada, Canada’s most profitable company.
- Apple’s stock opened 7.8 percent higher after the earning report, increasing the market cap at the open by $49.5 billion., which is the same size of Canada’s Bank of Montreal.
- Sales from just China added $16.1 billion to the company’s revenues. That’s more than BlackBerry’s total sales over the last nine years altogether.