Apple Is Now The Largest Company In The World
Apple just had another monster quarter. In fact it had such a big quarter that the soaring stock price in after-hours trading will result in it being the biggest, most valuable company in the world. Yes, it will be even bigger than Exxon Mobil. The company’s fourth quarter earnings more than doubled from a year ago and came in well ahead of analysts’ expectations.
The company sold 37.04 million iPhones last quarter, up 128% by units from a year ago. It sold 15.43 million iPads, up 111% and it also sold 5.2 million Macs, up 26%. the 15.43 million units sold of iPads alone have surpassed HP’s worldwide PC sales of 14.7 million, Lenovo’s 12.9 million and Dell’s 11.6 million units. As a result, Apple has now surpassed HP in both computer unit sales and revenues, and is now the biggest computer maker.