Apple’s iPhone alone now the most profitable business on the planet; makes more money than ExxonMobil

“Apple is the most profitable company in the world,” Henry Blodget reports for The Business Insider.
“The company should generate $45-$50 billion of profit this year. That’s way more than the next-most-profitable company in the world, ExxonMobil, which generated about $30 billion of profit last year,” Blodget reports.

Blodget reports, “You knew that already. But here’s what you might not have known: Apple’s iPhone business alone is likely more profitable than any other company in the world.”


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s