8 Things You Didn’t Know About Apple From An African Perspective

Written by Dana Sanchez

Fueled by global sales of iPhones, Apple Corporation just recorded a record-breaking fiscal year, earning $1 billion a week in profit, MGAfrica reported.

Founded in a garage by Steve Wozniak and the late Steve Jobs, the company now has a $750-billion market valuation, making it perhaps the most valuable company in history.

MTN invested $870 million ahead of the launch of the iPhone 6S and iPhone S6 Plus in South Africa, CajNews reported in October.

Apple made $53.4 billion in profit for the year, surpassing oil giant Exxon Mobil’s previous record annual profit of $45.2 billion in 2008 — the largest annual corporate profit ever recorded.

Mail&Guardian Africa has attempted to provide some perspective by looking at Apple from an African perspective — by the numbers.

Source: MGAfrica, CajNews, WorldBankForbes