I’m in Hawaii at the moment, taking a little vacation after my recent stay in New Zealand (details on all of that coming soon), so today will be a short one.
There’s been a lot of buzz lately about how Jeff Bezos’ net worth now exceeds $100 billion, making him the the richest man in the world (at least of the documented ones; Putin or some Arab prince may well be worth much more than that).
But you know what? That doesn’t mean shit. The news just came out that in the last three months, Apple has made more money in profit, not revenue mind you, but actual profit, than Amazon has ever made in its entire existence. Apple made $13.8 billion in net income during the March 2018 quarter, while Amazon’s total net income since inception is $9.6 billion. Holy hell.