Home > Financial Markets > What if iPhone were its own company?

What if iPhone were its own company?

September 30, 2013 Leave a comment Go to comments

Thanks to David Parr for this piece from Bloomberg Business News. Apple has been criticised that its glory days are no longer but the iPhone 5s and 5c sold a record 9 million units during the first weekend after its launch. Put this in perspective if this single product were its own company in the Standard & Poor’s 500-stock index, IPhone Inc. would outsell 474 of those companies—ranking between Wells Fargo (WFC) ($90.5 billion) and Marathon Petroleum (MPC) ($84.9 billion). The iPhone’s $88.4 billion in annualized revenue tops 21 of the 30 component companies in the Dow Jones industrial average—it would be the ninth-biggest stock in the Dow 30:

iPhone sales

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