Steve Jobs, a standout amongst the most enigmatic leaders and innovator of our era, died in the year 2011. But years later, his legacy still lives on and Apple became the most valuable company on earth in the year 2014. Even some years after his passing, Apple is still the same firm that is secret it has consistently been. So many fascinating facts exist about this business unless of course in the event an aficionado of Apple and its products are you that you probably have never heard of. Let us analyze some of the very interesting truth about Apple Inc. I am sure you'll be amazed and they may give you a glimplse of the secret recipes that turn out such revolutionary products as the iPod and iPhone.
After revolutionizing the music business, Apple made another revolution in the cell phone business. Apple is adding its cashpile at a really fascinating rate. By the year 2014, Apple had $160 billion in cash accessible. Simply compare this to the $85 billion held by Microsoft and just $49 billion by the US Treasury by the end of the first quarter of 2014. And to illustrate further, this cash is sufficient to purchase an iPod for each and every man in the usa and still not get depleted. If Apple was a country, it'd be put in the top 50 biggest economy in the world because of the enormous cash reserve.
There are few which stand out from the rest, such as Facebook, Amazon and Google, when looking at leading tech enterprises. Everyone knows that Facebook is the very best social media site in the universe. For online shopping, the remainder is topped by Amazon. We also know that Amazon is the largest online shopping store. However, what you likely didn't understand is that in the first four months of 2014, Apple had more sales than all these companies united. This sum is more than what Microsoft as a corporation made as their overall sales were just $20 billion which is unsure of the $26 billion generated by sales from the iPhone alone.
Apple keeps on amazing every one of us at how nicely they've accomplished considerably, since we are at the beginning of the brand new millenium. As a business and as a brand, they keep on shattering of what's conceivable convictions. They are consistently striving to achieve newer heights with their products and give customers something they thought would exist. Steve Jobs' departure in 2011 made Tim Cook an enormous shoes . A lot of people consider that Apple's 'greatest days' are over however Tim Cook and his group has by now revealed they can keep up the company's increase at least for now. But we know that nothing lasts for eternity. The next few years will be interesting if the planned release of Apple watch will be another hit or miss, and everyone will be watching closely.