Daniel Eran Dilger
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Apple earnings, profits, and cash embarrass Microsoft

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Daniel Eran Dilger

While Microsoft executives like to talk about Apple as an insignificant company with less than 5% of the worldwide market share of all PCs and servers sold, the company now has more cash than Microsoft and earns more than half of its profits and over three fourths Microsoft’s revenues.
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For the quarter ending in September, Microsoft released revenues of $15.06 billion, net profits of $4.37 billion, and a reserve of cash, cash equivalents, and short-term investments that added up to $20.7 billion.

Apple reported $7.9 billion in revenues and $1.14 billion in net profit, but those numbers don’t include most of its iPhone business, which is hidden away in subscription accounting under GAAP rules. For that reason, Apple also released its real earnings: $11.68 in revenue and $2.44 billion in net profits. The company also reported a cash position of $24.5 billion.

Microsoft’s quarterly revenues grew by 9%, compared to Apple’s non-GAAP revenue increase of 75.1% year over year.

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  • The Mad Hatter

    Microsoft’s quarterly revenues grew by 9%, compared to Apple’s non-GAAP revenue increase of 75.1% year over year.

    Hum if Apple maintains a 75% increase in sales per annum, and Microsoft maintains a 9% increase in sales per annum, Apple’s sales will exceed Microsoft’s in 2010.

  • The Mad Hatter

    Note that I used the GAAP numbers, that I am not an accountant, and that anything except straight numbers are bullshit as far as I’m concerned.