The rise of Apple
Apple's always-innovative attitude has crushed its competition. Research In Motion
Apple is closing in on its next major accomplishment -- a valuation of half a trillion dollars. As Apple's value and cash pile grow larger by the day I'm forced to ask the question: Does Apple own us? If the following charts are any indication, I'd say there's always the possibility it might:
Sources: Top left: World Bank; Bottom left: Apple Investor Relations; Bottom right: Nielsen; Top right: RetailSails.
Apple is just dominant from start to finish. It doubles up its closest competitor, Tiffany, with regards to sales per square foot while averaging about seven times that of Best Buy. Its iPhone 4S release increased handheld unit sales by 128% over the year-ago period and in just two months closed the gap to Google's
This doesn't even mention that fact that Apple boasts $97.6 billion in cash, more than 135 countries' yearly GDP! To put it another way, Apple has enough cash in its coffers to buy (according to the Motley Fool CAPS Screener) 154 of the 211 publicly traded computer software and services companies. That is pure domination!
Is there an Apple stat that makes your jaw drop? Share it in the comments section below.
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