Tech

Facts About Apple's Business That Will Blow Your Noggin

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steve jobs
AP

Apple delivered a blow out quarter last night.

We dug through the numbers and pulled out 12 amazing facts about how well the company is doing.

iPhone revenue of $12.3 billion was 50% of the company's revenue for the quarter

SAI chart Apple revenue by segment March 2011

This was the biggest iPhone quarter ever, and the first time the March quarter beat the Christmas quarter. Thank you Verizon!

Tim Cook Verizon iPhone press conference
Dan Frommer, Business Insider

iTunes had $1.4 billion in sales, which is what analysts expect Barnes & Noble to report for sales in its current quarter

Beatles iTunes

Apple's cash pile is now $65.8 billion, which means it can't afford Facebook, but ...

mark zuckerberg
AP

Apple could buy Groupon (~$20 billion), Twitter (~$10 billion), and Zynga (~10 Billion) with change left over to buy LinkedIn (~$3 billion) and Pandora (~$1.2 billion).

71 million people visited Apple's retail stores during the March quarter, which is about same amount of people that paid to attend a Major League Baseball game last season (73 million)

apple china
Roy Zipstein

Apple's revenue growth was 83%. For context, Google was 27% in its most recent quarter, and Microsoft is expected to be 12%.

larry page

Apple's Mac has outgrown the PC market for 20 quarters in a row

macbook air

Apple gets $660 per iPhone on average including accessories and $604 per iPad on average including accessories. Crazy because the iPhone is a much smaller device.

Steve Jobs ipad
AP

Apple's $660 average selling price for an iPhone blows out the nearest competitor.

Rocket iphone
Illustration by Business Insider

Baird analyst William Power says HTC is the second closest to Apple with a $364 average selling price. RIM is in third with $302. (Of course, those other companies have a wider line of handsets dragging on their averages.)

Apple is now the biggest phone maker as measured by revenue

tt
All Things D

Apple has paid $2 billion to iOS developers since opening its App Store.

Apple check developers
Engadget

Apple's revenue from China was $5 billion in last two quarters, a 400% increase, and it only has 4 stores in China!

apple china
Roy Zipstein

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Dan is founder of City Notes, a mobile startup, and editor of SplatF, a tech news site. Dan helped create Business Insider in 2007, and was a staff writer and editor through mid-2011. Previously, he was a technology reporter at Forbes, focusing on the wireless and telecom industries. A Chicago native, Dan is a graduate of the Medill School of Journalism at Northwestern University. Follow him on Twitter at @FromeDome.
Jay was the executive editor of Business Insider. He oversaw day-to-day coverage on the site. He started as an intern at Business Insider in 2007. Before becoming executive editor he was running SAI, the technology section of the site.He has a degree from the University of Delaware in economics and a master's in journalism from NYU.