Friday, March 01, 2013
Nestle Corporate Results
Some comparative figures:
Apple AAPL sales 2012 : 156 Billion Dollars
IBM sales 2012: 104 Billion Dollars
SAP sales 2012: 16 Billion Dollars
So Nestle's results for 2012 are just astonishing when you consider the volatility and increased raw materials costs of the food industry. Also increased regulatory pressure and transportation costs.
(Disclosure: Nestle is a customer of my employer)