Apple made more profit in three months than Amazon has generated during its lifetime
Apple "is an unbelievable company," Buffett told CNBC on May 3. "If you look at Apple, I think it earns almost twice as much as the second most profitable company in the United States."
The smartphone maker generated a $48.35 billion in profit during its fiscal 2017 and made $13.8 billion in net income during the March 2018 quarter.
In comparison, Amazon's total net income since inception is about $9.6 billion. The number was calculated by adding up all of Amazon's annual net income figures since its inception to the company's $1.6 billion profit in the March 2018 quarter....