We sometimes forget just how little time goes into a quarterly earnings report. It’s only 3 months. Or about 90 days.
What could you accomplish in 3 months?
In Apple’s case, the results are staggering. For example, let’s look at their most recent quarter. They sold more than 78 million iPhones, which is a record. And they did it in… yes, just 3 months. What does that mean for each day? Let’s do the math and find the average.
Each day, Apple generates $871,111,111 in revenue
Each day, Apple sells 869,888 iPhones
Each day, Apple sells 145,555 iPads
Each day, Apple sells 60,000 Macs
Each day, Super Mario Run is downloaded 888,888 times
Each day, Apple generates $177,777,777 in revenue from China alone
Each day, Apple makes a profit of $198,777,777
So put the estimates, forecasts, and debates aside for one second. Everything you just read is a rough estimate of what one company can do each day for 90 straight days. That one company is Apple.