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.

Congratulations Nestle.

(Disclosure: Nestle is a customer of my employer)