If you happen to follow the stock market (or even if you don’t) you may have heard that Apple posted record-level quarterly financial results on Tuesday. Analysts have pointed to a combination of the release of the wildly popular iPhone 4S and the holiday season as the source of the extra performance. However, this is just the cherry on top of the sundae. Apple’s growth has been meteoric these last few years, largely on the back of the iPhone and the iPad.
But most of the numbers you see really don’t mean much to your everyday person. A market cap of $416 billion? Okay, that’s a lot. But how much is it?