“The average American worker earns about $850 a week,” Shawn Langlois reports for MarketWatch. “Tim Cook, who reaped a reported windfall of $145 million in 2016, makes that much in just a few minutes, while it takes the company he runs, Apple, less than one second.”
“Comparing mom and pop to the iPhone juggernaut might make for catchy stats, but it’s a bit, well, apples to oranges, of course,” Langlois reports. “So how about some perspective on how much Apple pockets relative to other Fortune 500 giants?”
“Banking giant JPMorgan Chase is second at $782.14 per second, trailing Apple [$1,444.76] by a wide margin but ahead of Warren Buffett’s Berkshire Hathaway and Wells Fargo,” Langlois reports. “Alphabet is the only other tech firm in the top five, bringing in $615.96 per second.”
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MacDailyNews Take: Steve Jobs built and set into motion the biggest money-making machine the world has ever seen!