The Wall Street Whiners Aren’t Investing in Apple, They’re Investing in Apple Share Price Ups and Downs

I love it when the talk of the value of a company turns to what Wall Street analysts believe the stock is going to do, which isn’t based on profitability of the company. Apple is crazy profitable compared to most businesses, and it’s delivering far better than most other companies. I wish I had seen this handy graphic when I wrote an opinion piece on analysts’ iPhone hysteria, because if I had, I would have noted how more specifically how Apple’s 13.1 billion in profit blew past the likes of Exxon Mobil, Chevron, Microsoft, Pfizer, IBM, JPMorgan Chase, Wells Fargo, Procter & Gamble, and General Electric.

About the author

Chris Maxcer

Twitter Website

I've been writing about the tech industry since the birth of the email newsletter, and I still remember the clacking Mac keyboards from high school -- Apple's seed-planting strategy at work. I'm a big fan of elegant gear and great tech, but there's something to be said for turning it all off -- or most of it -- to go outside. Online I like to call out cool stuff on Wicked Cool Bite and blog with my buddies at Man Makes Fire. To catch me, take a "firstnamelastname" guess at the url of this site.