Owning Hollywood, Apple Style

Apple’s Massive Numbers and Some Context

Of all the great nuggets pulled off the web by MG Siegler yesterday regarding Apple’s earnings call, my favorite is this one:

Apple’s profit last quarter was $3 billion more than all of Hollywood’s gross box office receipts for all of last year, notes Eric Spiegelman via Anthony De Rosa.

So… Apple tired of playing games with Hollywood? No problem. It can take a small portion of its almost $100 billion in cash and just buy it.

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This entry was posted on January 25, 2012 at 3:52 pm and is filed under Technology (General). You can subscribe via RSS 2.0 feed to this post's comments. Both comments and pings are currently closed.

2 Comments on “Owning Hollywood, Apple Style”

John Blackburn Says:

January 25, 2012 at 7:36 pm
Box office is only a portion of Hollywood profits. http://www.slate.com/articles/arts/the_hollywood_economist/2005/08/hollywoods_profits_demystified.html
- Elia Freedman Says:
  
  January 25, 2012 at 7:44 pm
  I knew someone would bring that up Oh, I know. But it is fun to think what Apple would do if it bought out movie rights.
  
  Elia

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