Apple Facts: What is the size of Apple Inc [infographic]
Apple Facts & Figures: The True Size of Apple
Apple according to reports is the world’s most valuable technology company. A key factor that should be noted here is that Apple is unique among its competitors by ensuring it has time to recover in the case of any considerable missteps. A huge cash reserve means that risks like the iPad, which without any doubt was incredibly expensive and time-consuming during the Research and Development phase, can be taken on in a more sustainable way without compromising or endangering the future of the company or the company’s existing lines of business.
Apple is the first company to successfully pivot from computer maker to device maker. And its devices are now ubiquitous, its annual new product releases are among the most anticipated in the world and it recently announced it would begin issuing a dividend to its stock owners expected to generate $10 billion in the first year alone. There is also speculation that Apple will enter into the payments market in the near future (allowing its handheld products to serve in the same fashion as a credit card). This alone would turn them into a trillion dollar company.
Just How Big Is Apple?
Apple is the first company to successfully pivot from computer maker to device maker. And its devices are now found everywhere, annual new product releases of Apple are among the most anticipated in the world and it recently announced it would begin issuing a dividend to its stock owners expected to generate $10 billion in the first year alone. There is also speculation that Apple will enter into the games and payments market in the nearest future, Payment market is huge and this alone could turn Apple into a trillion dollar company.
Let’s take a look at some interesting Apple Facts
Apple Facts and Figures: What You Need to Know
In 2011, Apple total sales were $128 billion which is more than the GDP (gross domestic product) of about 160 nations around the world including New Zealand, Iraq and Syria combined.
11 iPads are sold every second, 695 iPads are sold every minute..
As at the time of this writing, Apple’s current market capitalisation is $508 billion making it the largest company in the world.
Apple sold 3 million devices in the first 72 hours of release of their new iPad.
It is projected that Apple will sell 56.4 million iPads in 2012. Laid end-to-end those iPads would stretch from Cupertino, California to New York City and back and nearly halfway back to the Big Apple.
Since 2008, almost as many devices with Apple’s IOS operating system were sold as cars worldwide. Does that mean that in today’s world we consider Apple products as important as vehicles?
While the iPad has been a huge success, the iPhone is still Apple’s franchise player selling over 72 million devices in 2011. That’s nearly equal to the weight of the Eiffel Tower.
40% of Apple’s revenue is credited to the iPhone alone.
[Source: Best Computer Science Degrees]