iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

It’s Official – Apple Is Now Bigger Than The Entire US Retail Sector

via Zero Hedge

A company whose value is dependent on the continued success of two key products, now has a larger market capitalization (at $542 billion), than the entire US retail sector (as defined by the S&P 500). Little to add here.

See the chart here.

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One comment

  1. Arghhhh!

    2 key products?
    iPad
    iPhone
    iPod
    Itouch
    Mac desktop
    Mac laptop
    iTunes store movie rentals
    iTunes music
    iTunes ebooks
    Apps
    Future generations of The above
    Itv
    Mini iPad?
    Line of innovation and employee inovators
    Large cash hoard
    Etc

    Plus any JV opportunity either sending customers to a product referral, or sending referrals to their product pipeline or both would also be great and could really boost.

    Not to mention global expansion, prosperity growth globally, schools buying their products and signing contract, dividend or share buy back, central banks pumping money in… Low valuation, capital outflows of bonds and gold into stock, Nasdaq breaking out of multiuser range, nanotechnology, decreasing cost of hardware and technology, etc
    Hardly dependent upon 2 products

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