US-headquartered Apple is at the 71st position on the list of biggest technology companies. The company reported $32,479 million revenue in 2008, 35.3 per cent up from 2007. Profits were $4,834 million, up 38.3 per cent as compared to previous year.
The company's market value is reported at $95,155.7 million and total assets are worth $39,572 million. Bucking the global recessionary trend, IT giant Apple breached the $10 billion-mark in revenues in the quarter ended December 2008. The company recorded revenue and profit during its fiscal first quarter on the strength of laptop, iPod, and iPhone sales.
This year has been tough for Apple in many ways. CEO Steve Jobs' illness and subsequent going on a long leave made analysts wonder about the company's future. Apple was also lambasted for hiding Job's illness. However, the company continues to have its loyal customer base. Apple shipped 22.7 million iPods during its first quarter (up 3 per cent from last year), 2.5 million Macs (up 9 per cent), and 4.4 million iPhones.
For the first time in its history, Apple tallied more than $10 billion revenue, reporting sales of $10.17 billion for the three months ended December 31.