Sunday, June 19, 2022

ExxonMobil's Quarterly Profits vs Apple's

Click here to read the original Cautious Optimism Facebook post with comments

Nine days ago Joe Biden accused ExxonMobil of making "more money than God."

Forbes has compiled a chart comparing the last ten quarters' net profits for ExxonMobil and Apple. Apple, in orange, appears to make five times more money than God in blue.

CO's Economics Correspondent has written in more detail on the specific finances of ExxonMobil, ChevronTexaco, Apple, Google, Microsoft, and Facebook at:

http://www.cautiouseconomics.com/2022/06/government-budget05.html

Spoiler: Apple also pays less than one-quarter the taxes that God pays.

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