Apple has ceded its position to Walmart as the third largest online retailer in the U.S., according to a new report out this week (via TechCrunch).
Research provider eMarketer Retail calculates that Walmart is set to capture 4 percent of all online retail spending in 2018, up from 3.3 percent the previous year, while Apple will claim a 3.9 percent share, up from 3.8 percent in 2017.
Walmart, which includes Sam's Club and Jet.com, will see its sales total $20.91 billion by the end of the year, thanks to a 39.4 percent increase in e-commerce. In contrast, Apple's online sales will grow by 18 percent this year, a slowdown attributed to declining domestic smartphone sales.
Research provider eMarketer Retail calculates that Walmart is set to capture 4 percent of all online retail spending in 2018, up from 3.3 percent the previous year, while Apple will claim a 3.9 percent share, up from 3.8 percent in 2017.
Walmart, which includes Sam's Club and Jet.com, will see its sales total $20.91 billion by the end of the year, thanks to a 39.4 percent increase in e-commerce. In contrast, Apple's online sales will grow by 18 percent this year, a slowdown attributed to declining domestic smartphone sales.
Importantly, Walmart has one of the fastest growing ecommerce businesses. This year, its online sales will grow 39.4%. Wayfair, an online-only retailer, beats it slightly with a 40.1% growth rate. Meanwhile, Apple will grow just over 18% this year—less than last year— as domestic sales for smartphones and other consumer electronic devices begin to slow down. Its ecommerce share will remain virtually unchanged at 3.9% this year.Both companies still trail first-placed Amazon, which is set to command a whopping 48 percent share of all e-commerce sales, up from 43.1 percent the previous year. Amazon will take in more than $252.10 billion domestically this year, according to eMarketer. eBay meanwhile remains in second place, with a 7.2 percent share of all online retail sales, down from 7.6 percent.
68 comments
Top Rated Comments
(View all)
12 months ago
Apple need a change in leadership
...???...
Yeah, all right, okay...
Like who then, John Sculley??
John Sculley did exactly the same as Tim Cook is doing.
MAXIMIZING profits, HUGE stock gains, but completely ignoring any innovation and running Apple without any vision at all, especially in terms of software. Sorry but that is the truth.
Let's take a look at how SCULLEY did when Jobs left Apple in the 80s
12 months ago
John Sculley did exactly the same as Tim Cook is doing.
MAXIMIZING profits, HUGE stock gains, but completely ignoring any innovation and running Apple without any vision at all, especially in terms of software. Sorry but that is the truth.
Let's take a look at how SCULLEY did when Jobs left Apple in the 80s
I mean, it’s not like the design language of the iPhone X/XS/XS Max hasn’t been utilized :cough:copied:cough: by ANY of their competitors, while also not offering their versions of the Face ID/TrueDepth camera system...
https://www.macrumors.com/2018/11/05/apple-2018-form-10-k-highlights/
On Tuesday, Apple's Beats brand introduced the new Beats Solo Pro headphones, the company's first on-ear headphones with active noise cancellation. The new $300 headphones don't...
Apple today seeded the second beta of an upcoming macOS Catalina 10.15.1 update to developers, a little under a week after seeding the first beta and a week and a half after releasing macOS Catalina...
A major flaw in Samsung's Galaxy S10 smartphone has been discovered that basically means any fingerprint can unlock the device with the help of a cheap screen protector.
According to the...
Apple has posted the first stats for iOS 13 adoption since its launch on September 19th for iPhone.
Apple shared the statistics on the App Store Developers page which was updated today. Apple...
Apple today released the third betas of upcoming iOS and iPadOS 13.2 updates to developers, just under a week after seeding the second betas and three weeks after the release of iOS 13.1.
iOS...
Quanta Computer will likely stop taking assembly orders for the Apple Watch at some point in 2020 due to profit concerns, and may sell its manufacturing plant in Changshu, China dedicated to...
AnandTech today published its in-depth review of the iPhone 11 and iPhone 11 Pro, including a detailed overview of the processor and graphics performance gains of Apple's latest A13 Bionic chip.
...
Apple has set up its second partnership with film studio A24, this time for an adaptation of the young adult novel "The Sky is Everywhere" (via The Hollywood Reporter).
"The Sky is...
