4 ms·

Funny how more than half of them are after 2012. Gotta love the current state of the tech industry.

• hyperpape 10y ago
  Substantially more than half of Apple's profits came since 2012. In fact eyeballing it, it looks like their profit in 2015 was bigger than their profit from 1977-2009 combined. https://en.m.wikipedia.org/wiki/History_of_Apple_Inc.#Financial_history https://en.m.wikipedia.org/wiki/History_of_Apple_Inc.#Financ...
  • resonantjacket5 10y ago
    You gotta account for inflation
    • hyperpape 10y ago
      It really doesnt make that big of a difference: https://inflationdata.com/Inflation/Consumer_Price_Index/HistoricalCPI.aspx?reloaded=true https://inflationdata.com/Inflation/Consumer_Price_Index/His...
      • bkanber 10y ago
        In Apple's case, no, because their growth over the last decade is insane. But to be clear that table you posted shows that $1 in 1977 is worth $4.40 today. That is a big difference, mostly cause by the insane inflation of 1979-1981 (around 12% a year for three years). That makes the average inflation rate over the last 40 years 4%, which is double our target of 2%.
• brogrammernot 10y ago
  It's much cheaper to buy promising talent, I mean companies than to devote resources to do your own work from the ground up.