Total Corporate Income Tax In 2011
Corporations will pay a total of $247.2 billion in state, local and federal income tax this year.
Every Home In Detroit And Tampa
Apple is worth more than all the homes in Detroit, MI ($153.1 billion) and Tampa, FL ($146.3 billion) combined.
The Great Wall Of China
3.873 billion bricks in the Great Wall of China * $.52 per brick = Apple is worth more than the Great Wall of China.
The economic cost of obesity in America is $300 billion.
45 Days Worth Of Global Oil Consumption
Apple is worth more than 45 days of worldwide oil consumption – Roughly $7 billion per day assuming 86 million barrels a day at $83 per barrel (Nymex Crude).
= All 32 Euro Zone Banks
The DJ STOXX euro zone banks index is valuing its 32 members at $340 billion.
In contrast, Apple’s market capitalization has soared to $340 billion on the back of the success of innovative technology products like iPods, iPhones and iPads.
Steve Jobs surprised the audience by taking the stage to present the next version of Apple’s iPad tablet. The iPad 2, which has two cameras, will go on sale March 11 and will start at $499. More from the Wall Street Journal here.
[via OnSwipe & The Big Picture]
Brrr – freezing outside! It can be annoying to always have to remove the gloves and risk a frostbite just to formulate a simple text message or mail on the phone while running, skiing or just strolling around. Now FIVEPOINT gloves has solved this problem:
“Using specially designed conductive fingertips, the texting gloves utilize the technology that allows electricity to pass from skin to touch screens—now that’s some high-tech gadgetry we can get behind! With the promise of toasty fingers, be warned: once we get the gloves on, we might never take them off!”
Gift idea? Find out more about the product here [via Marginal Revoution].
By thinkretail via Flickr
British luxury-goods retailer, Burberry, helmed by Angela Ahrendts earns $133 million
“Burberry Group PLC reported profit attributable to shareholders for the six months ended Sept. 30 of 83.1 million pounds ($133.3 million), a gain of 46% on profit of 56.8 million pounds in the year-ago period.”
Numbers via MarketWatch here.
Bill Gates by wolfgang.wedenig - wuschL via Flickr
Software giant tops analysts’ expectation, nudging late-traded shares higher.
“Its fiscal first-quarter net income rose to $5.4 billion, or 62 cents a share, from $3.6 billion, or 40 cents a share in the same period last year.”
Brief update from MarketWatch.
“Apple’s iPhone business continues to surge. The company’s phone division is now by far its biggest: An $8.8 billion business last quarter, representing more than 43% of Apple’s overall sales, and growing more than 90% year-over-year.”
More via The Business Insider here.
The Amazon share’s potent performance pre and post the credit crunch:
There are many analysts who think it is a matter of time before iPads and other portable computers replace the the Kindle permanently – while others strongly disagree. To maintain competitiveness Amazon has slashed the price from $259 to $189 - and they succeeded so far. But is this euphoria short-lived for the Kindle? With peers threatening their market share, the developers have to respond soon. Fortunately, you can read Amazon books on multiple devices – and the open, innovative strategy has been lucrative for their shareholders. I believe thay can do it again. This is why iPad hasn’t killed the Kindle, according to Daniel Lyons in Newsweek:
“People have realized that the iPad might be good for a lot of things, but isn’t really the best device for sustained reading over several hours. It’s too heavy, for one thing—about a pound and a half compared with 10 ounces for the Kindle, which can be held in one hand, like a paperback. As Kessel puts it, in a bit of an understatement, “The Kindle and the iPad are very different products.”
Another problem is that the iPad’s bright LCD screen can be tiring on your eyes compared with Kindle’s black-and-white “electronic paper.” The Kindle’s screen also works better in bright sunlight. Kindle has better battery life—it can run up to two weeks on a charge, if you keep the wireless switched off. That compares with 10 hours for an iPad. Plus, with Kindle you have no contract and no monthly fee, and you have wireless access in 100 countries—a nice feature for travelers.”
Read the article here.