Feeds

Who's got more cash? Apple or Microsoft?

Earnings closer than you think

Boost IT visibility and business value

Recent figures from Microsoft and Apple reveal some interesting changes to how the companies compare financially. Apple's earnings may be closer to Microsoft's than you think.

Apple's PC and server sales still account for a small fraction of the worldwide market. And even if you go by Apple's latest official quarterly earnings, the old perception of scale holds: Microsoft big, Apple small.

But AppleInsider picks up on a curious bit of insight by comparing revenue, profit, and cash positions of the two companies. On the surface, Microsoft has a much higher revenue and profit for the quarter.

Revenues Net Profit
Microsoft $15.06bn $4.37bn
Apple $7.9bn $1.14bn

Microsoft wins handily. God in in his heaven, all's right with the world, right? Well, it just happens the true power of Apple's Jesus Phone is cloaked by rules of SEC reporting that separate ongoing subscription products from initial hardware purchases.

Let's dump the iPhone numbers into the mix:

Revenues Net Profit
Microsoft $15.06bn $4.37bn
Apple $11.68bn $2.44bn

Hold the...*ahem*...That's a whole lot closer. Apple's revenue is almost 78 per cent of Microsoft's revenue, but its profit is only 56 per cent.

It's also interesting to see how their coffers compare in 'cash, cash equivalents, and short-term investments' - emergency funds if you will. Under Microsoft's couch is $20.7bn, while Apple has $24.5bn.

There's probably nits to pick in the comparison, but worth noting that Apple really isn't the underdog anymore. How long before Apple catches up completely? ®

Build a business case: developing custom apps

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.