Apple's Record First Quarter Results

At the peak of the US corporate earnings reporting season, Apple Inc. reported record revenue for the 4th quarter of 2014 calendar year (or the 1st quarter of 2015 fiscal year, which began in the US in October 2014). Now Apple Inc. has market capitalization of about 640 billion dollars, which is larger than GDP of such countries as Sweden, Belgium, Finland, Norway, Venezuela, Algeria and many other (they are painted in shades of red on the map). The US and China are as large as 27-28 AAPL's market caps. India is about 11 "Apples". Japan is 7.5 and Germany is 5.7 only.

Since the end of the last recession, profits provide significant contribution to overall US GDP growth. But will this phenomenon remain stable? And how long it may last?




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