Apple’s blowout holiday quarter wasn’t just a milestone for the technology giant — its earnings set a record for public companies, according to an analysis from Standard and Poors analyst (and resident stats guru) Howard Silverblatt.
The maker of smartphones, tablets and other gadgets reported earnings of $18 billion in its first quarter, shattering the previous high-water mark of $15.9 billion set in 2012 by Exxon Mobil Corporation.
An impressive showing, and one that left Apple with a staggering amount of cash and securities on hand — $178 billion. With that kind of money in its coffers, the company could distribute a tech bonus of $556 per person to all 320 million Americans.
This article originally appeared on Recode.net.