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Bulletins

Every part of Apple is absolutely giant now

Apple reported its earnings for last year's holiday period today, and it's safe to say a lot of people found Apple products beneath their Christmas trees. For the first time in a single quarter, Apple generated more than $110 billion in revenue, pulling in nearly $30 billion in profit.


The company's sales in China were up 57% over the same period last year — a region that's long been a struggle for Apple — and sales of every single product line it sells were up over last year. In fact, every single business unit that Apple runs is now the size of a Fortune 500 company on its own — from a single quarter's revenue.

Apple's smallest business line, sales of iPads, generated $8.44 billion this quarter alone. That would put it at no. 376 on the latest Fortune list, just behind Fidelity. And Apple's iPhone business just misses out on the Fortune 50.

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