It 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.
But how do Apple's eye-popping statistics translate to the real world?
Apple's total sales in 2011 were $128 billion which is more than the gross domestic product of about 160 nations around the world including New Zealand, Iraq and Syria.
Apple's current market capitalization is $508 billion making it the largest company in the world.
Apple's release of its latest iPad was massive: the company sold 3 million devices in the first 72 hours of release.
695 iPads are sold every minute. 11 iPads are sold every second.
But how do Apple’s eye-popping statistics translate to the real world?
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Via: Bestcomputersciencedegrees
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