In a note to clients — as reported by “BGR” (http://macte.ch/t2cCf) — Topeka Capital Markets analyst Brian White wrote in a note to clients that Apple is currently on track to record the most profitable year ever among publicly traded companies.
“In CY12 [calendar year], we believe Apple is poised to generate the highest annual net income of any publicly traded company ever,” White wrote. “On average, we estimate Apple’s net income in CY12 will be over 6x higher than the three tech companies on an individual basis (when at a $500 billion market cap) or 1.9x the aggregate profit of these three companies combined. When including all five companies, we estimate Apple’s net income in CY12 will be 4x higher than the average.”
The analyst is predicting a sleek new iPhone with a 4-inch display launching in the third quarter, an “iPad mini” set to launch in September and an upcoming Apple HDTV, though White has not specifically stated that Apple’s highly anticipated television will launch this year in his coverage.
