Apple continues to dominate tech companies financially, took 40% of all profits in Silicon Valley last year
Although slowing iPhone growth began to impact Apple’s bottom line numbers in the last quarter of the year, the company dominated Silicon Valley in 2015 as far as finances are concerned. In a survey of public tech companies in the Valley, total profit was $133 billion. Apple, alone, recorded profit of $53.7 billion dollars, responsible for 40% of the entire profit pool. The data was collected by SiliconValley.com.
Apple also ranked no. 1 by far in revenue, taking $234 billion in sales. Trailing far behind, the next closest was Alphabet (Google), at $74 billion …
