Fortune’s Philip Elmer-DeWitt has posted “a chart that should keep Steve Ballmer up at night.”
“It compares Microsoft’s (MSFT) market share, revenue, net profit and growth rate to Apple’s (AAPL), using the numbers from each company’s most recent quarterly report,” Elmer-DeWitt reports.
“Although Apple has a bit more cash on hand ($24.5 billion v. $20.7 billion), Microsoft’s… revenue and net income still dwarf Cupertino’s. But it turns out that Apple has been hiding most of its iPhone revenue behind subscription-based accounting,” Elmer-DeWitt reports.
“If you use the non-GAAP deferred revenue numbers that Apple released last week (and are shown in this chart), the company now earns more than half of Microsoft’s profits on more than three fourths of its revenue,” Elmer-DeWitt reports. “Steve Jobs’ company is also growing much more quickly than Ballmer’s. Microsoft’s revenue grew 9% year over year last quarter. Apple’s grew 75%.”
Full article here.
Prince McLean’s reports for APpleInsider precipitated Elmer-Dewit’s chart. McLean reports, “While Microsoft executives like to talk about Apple as an insignificant company with less than 5% of the worldwide market share of all PCs and servers sold, the Mac maker now has more cash than Microsoft and earns more than half of its profits and over three fourths its revenues.”
Full article here.
[Thanks to MacDailyNews Reader "JES42" for the heads up.]
5 Day Most Commented