• Report: iPhone Sales Alone Top Microsoft, Amazon, P&G Revenue

    by
    Michael Essany
    Published on 2013-09-26 07:23 PM
    5 Comments Comments


    According to data compiled and presented yesterday by the team at BusinessWeek, if Apple's iPhone was a standalone company, its earnings would still be monumental and superior to those of other tech giants and consumer goods heavyweights.

    In short, if Apple's iPhone division was its own company listed in the Standard & Poor’s 500-stock index, "iPhone Inc." would outperform 474 of those companies. The iPhone-exclusive business would rank between Wells Fargo (WFC) ($90.5 billion) and Marathon Petroleum (MPC) ($84.9 billion).

    The iPhone 5s and 5c sold a record 9 million units during the first weekend after its launch. Consider this: The brand’s sales haul over the last four reported quarters eclipses that of such companies as Home Depot (HD), Microsoft (MSFT), Target (TGT), Goldman Sachs (GS), Amazon (AMZN), PepsiCo (PEP), Comcast (CMCSA), Dell (DELL), Google (GOOG), Pfizer (PFE), and UPS (UPS).
    Think of it this way, the iPhone’s $88.4 billion in annualized revenue is superior to 21 of the 30 component companies in the Dow Jones industrial average. Businessweek says it would be the ninth-biggest stock in the Dow 30.

    Source: BusinessWeek
    This article was originally published in forum thread: Report: iPhone Sales Alone Top Microsoft, Amazon, P&G Revenue started by Michael Essany View original post
    1. Categories:
    2. iPhone,
    3. Apple
    Comments 5 Comments
    1. bigbaba's Avatar
      bigbaba - 2013-09-26, 08:44 PM
      This is something Samsung wishes they could copy.
    1. kbcox0327's Avatar
      kbcox0327 - 2013-09-26, 09:34 PM
      Quote Originally Posted by bigbaba View Post
      This is something Samsung wishes they could copy.

      Brilliant!
    1. rjkgr's Avatar
      rjkgr - 2013-09-26, 09:46 PM
      wow really how did iphone sales top all 3 of them alone,..... something is not right?
    1. ZealFied's Avatar
      ZealFied - 2013-09-26, 10:07 PM
      Quote Originally Posted by bigbaba View Post
      this is something samsung wishes they could copy.
      lol 😂
    1. jimmy623's Avatar
      jimmy623 - 2013-09-27, 09:46 AM
      Quote Originally Posted by bigbaba View Post
      This is something Samsung wishes they could copy.
      Haha +1

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