Apple’s considerable financial might in 2015 has been evidenced by data, gathered by SiliconValley.com, indicating that the Cupertino firm took a whopping 40% of Silicon Valley’s entire profit pool.
A survey of Valley-based public tech companies found that, of a total profit of $133 billion, Apple recorded $53.7 billion. Apple also soared ahead in revenue, with takings of $234 billion. In a distant second place was Google’s parent company Alphabet, which amassed $74 billion.
Apple’s profit margin of 23% was similarly impressive, though Google and Intel weren’t too far behind in this area, each reaching a margin of 21%. Apple even scored the largest profit growth, its bottom line rising by $9.3 billion during the year. This helped the company to bring its cash pile to >$200 billion; second-placed in this category was Alphabet, with cash reserves of $78 billion.
Staggering though these figures already are, Apple will, of course, be set on boosting them even further. The iPhone SE could particularly assist the company in this mission, its surprisingly large popularity having been reported at Apple’s earnings call earlier this week. Apple Music has also been faring well recently, subscriber numbers having now reached 13 million.
