Cykdelic wrote:
Not really that good of a quarter OR that big.
This represents a meager 3.7% return on sales of $48.7 billion.
Apple, on the other hand, had revenues of $75.9 billion, and PAT of $18.4 billion...........a return on sales of 24.2%.
If we want to whine about profits, being ripped off, etc., perhaps turning an attuned eye towards Apple is in store? You know, the energy-sucking, dump polluting, off shore sourcing company treated almost like a deity by our media and citizens?
Apple is another example of a corporation that doesn't pay its fair share of federal income tax. In fact, I believe that in 2015 they were the biggest offender. Corporations are running and ruining the USA.