It pays around $12B a year to shareholders, which today comprise a large percentage of the US population.
It has 137,000 employees making an average comp north of $200,000 a year.
It’s the world leader in consumer computer products and leads its markets in customer satisfaction measures.
What is this not much else you speak of?
Paid is very strange term to use to describe it. They sold 3rd party software to users, while taking 30% cut.
Appstore model is as old as civilization - middle man reselling stuff. Some middle mans are more effective than others, and true, Apple is one of them. But that doesn't change characterization of the relationship. They don't pay developers for their service, they resell their stuff, while keeping hefty profit margins.
The entire mobile app market was not even one hundredth the size of the App Store before it was created.
The walled garden Apple created made safest and easiest app purchase environment ever, which is why it attracts the highest spending by app customers and highest spending app customers.
If Apple had taken the Google play route that $35B a year would be closer to $4B a year.
Why is this always added as if it's relevant? If I'm selling an app on both stores I care about how much money I can make in total, how many Android phones have been sold globally is just trivia.
If you don’t like the ratio, just say App Store sales are 50% higher than Android.
That $35B didn’t exist until Apple created the iPhone and built its walled garden.
Next we'll say that accepting Nike's swoosh is pandering to Nike, and look at all the poisonous affects Nike's swoosh is having on kids with no-brand shoes.
Also, apologies for getting a bit political, but I came from a country that got screwed up for 100 years because a small group of people who loved "corporation making a few people wealthy beyond all imagination" language got into power in 1917, so I'm quite sensitive to it, so what if instead we say:
"a group of 47,000 Americans who make anyone a little bit wealthier if they buy a bit of AAPL"?
We call them public companies for a reason