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APP 2015 revenue beats total 2005 revenue

Apple, one of the most followed and written about companies that I know. If not the company that is written about the most, I get more Google alerts about Apple than any other company. I saw that someone had noticed that the App store revenue of Apple in 2014 was now worth more than their entire revenue from 2005. From this release App Store Rings in 2015 with New Records. There is a little more below, read that part about job creation and how it all has formed another set of jobs. I think that as investors you must pay attention on two fronts, one, discounting the ability of an innovative company like Apple or Facebook to change the way that we do business (personal business too) and secondly how mainstream jobs now become the jobs of yesterday whilst new jobs are created as a result of innovation.


Apple is both of those things, innovative, whilst the design team that Steve Jobs was on has hardly changed too much (Sir Jony Ive has been leader of the design team since 1996), the ideas that they have and the technological innovation (hardware and software) has changed dramatically. Results are expected on the 27th of January, after the market closes. This year there is the Watch, that will be big, the company is still pretty much an iPhone business. Morgan Stanley predict 70 million phones were sold by Apple in the last quarter, the biggest quarter ever for the business. No need to speculate and agonise what the number might, or might not be, it is a mere half a month away. At the same time the pricing of the apps in most developing countries as a result of a stronger Dollar have increased overnight. Sigh.


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