Apple Ranked as Fastest-Growing Major Retailer in U.S.

Friday July 15, 2011 10:07 am PDT by Eric Slivka
Earlier this week, USA Today reported on research from retail sales analyst David Berman ranking Apple as the fastest-growing major retailer in the United States during the first quarter of this year, boosting its domestic sales by 80% over last year's numbers.


Calling Apple's sales "mind-boggling", Berman notes that Apple's brick-and-mortar retail stores are even outpacing the company's overall performance, growing by 90% year-over-year.
That increase accounted for one-fifth of all sales growth by publicly traded retailers in the U.S., according to a recent analysis of sales trends by retail sales expert David Berman. In part, that's a reflection of poor sales among most retailers. But it also highlights how Steve Jobs' technology giant is grabbing a big slice of market share in everything from smartphones to PCs.
Apple's year-over-year U.S. sales growth of $4.6 billion for the first quarter was followed by Amazon and Wal-Mart, with total sales growth from public retailers coming in at $23.2 billion.

Apple is set to announce its financial results for the second calendar quarter (third fiscal quarter) of the year next Tuesday, July 19th.

[ 69 comments ]

Top Rated Comments

(View all)

Avatar
elkk
111 months ago
Apple: 1
Recession: 0
Rating: 14 Votes
Avatar
FriarNurgle
111 months ago
Rating: 12 Votes
Avatar
RalfTheDog
111 months ago
Apple stores are a monopoly and should be shut down. I went to the Apple store to pick up a Dell and a Galaxy Tab the other day, they did not have either one. How can they get away with not selling their compeditors products and doing so at a loss so they are all cheaper than the Apple versions.

Apple quality is also anti competitive. They should be forced to have a larger number of defective units. While they are at it, how about letting their competitors write their advertising for them. Can we pass a law making Apple products ugly?
Rating: 10 Votes
Avatar
hobo.hopkins
111 months ago

How is this good again?


Maybe because by not being overwhelmingly negatively affected by the recession they have been able to produce products that individuals wish to purchase.

Or maybe because they employ ~50,000 people? They all get to keep their jobs?
Rating: 9 Votes
Avatar
DaveDaveDave
111 months ago

Are you serious? They're corporate stores not a best buy.


Seriously, do you seriously think he's serious? In all seriousness, you need to find your funny bone and wake it up! :)
Rating: 7 Votes
Avatar
mr.steevo
111 months ago
I should have bought Apple stock in 1997 when Steve Jobs returned and it was $5 before all the splits.

Oh well.
Rating: 7 Votes
Avatar
talkingfuture
111 months ago
That is quite amazing when you consider how small apple's range of products is compared to a lot of major retailers.
Rating: 7 Votes
Avatar
neiltc13
111 months ago
I don't understand why people buy stuff other than Apple's own hardware in these stores. All of the third party accessories they sell are massively overpriced.
Rating: 7 Votes
Avatar
jkichline
111 months ago

Can you get a Ford car at a Holden dealership?
Can you get a Hungry Jacks (Burger King in the US) burger at MacDonalds?
Can you buy Apple computers at the MS store?
Can you buy Donut King donuts at Krispy Kreme?

I think you get my point. You do not have to (and many don't) sell the competition's product at their store.


You might want to get your sarcasm sensor checked :p
Rating: 6 Votes
Avatar
VitaminD
111 months ago

That is quite amazing when you consider how small apple's range of products is compared to a lot of major retailers.


Just goes to show the benefits of quality over quantity. :)
Rating: 5 Votes

[ Read All Comments ]