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    Article: Apple's Profit Doubles - Stocks Increase Sharply

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    chokem's Avatar
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    Firing on all cylinders indeed. Shrewd business tactics and state of the art products equal maximum profits, even in an ailing economy.
    ​Galaxy S4 Red

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    A once nearly bankrupt company is now making all other tech firms look lost. These guys are killin it.

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    Funny Apple nearly went bankrupt because they tried to tie down the hardware and software (which was too expensive in comparison to PC). The system was good but people could not afford it. The IPod helped Apple get back on their feet, and gave them the cool factor, the Ipod was affordable so people didn't mind it being tied to Itunes which suddenly started bringing in money (of course there is now a lawsuit sitting trying to stop this monopoly). Interesting as the Iphone came out and the Ipad I wonder how much of the profit comes from the hardware, and how much comes from the money creamed off the to top of the Apps being sold on Itunes?

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