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.
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23 weeks 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
23 weeks 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/
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