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More incredible facts from Apple's "blowout" quarter
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Wednesday, January 25, 2012
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From The Big Picture:

By now, everyone knows that Apple had a blowout quarter: Q1FY12 sales of $46.33 billion, profits of $13.1 billion, with gross margins of 45%, translates into EPS of $13.87.

But the data points that surround the company today are simply astonishing. Consider these astounding Apple facts:

• Apple reclaimed the title of the world's most valuable company - $415 billion versus ExxonMobil's $413 billion (Yahoo Finance).

• The $97.6 billion in cash that $AAPL has is higher than the market value of 448 of the companies in the S&P 500 (Capital IQ).

• This was the second-highest profit quarter of any company ever...

Read full article...

More on Apple:

The details on last night's incredible Apple earnings report

Porter Stansberry: What people are missing about Apple's stock

New interview suggests Apple's Steve Jobs was inspired by Atlas Shrugged

Topics: Technology | Earnings | Stocks
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