USA Today reporting on the findings of David Berman, claim that Apple US sales grew by 80% for the first fiscal quarter that ended in March. Apple accounted for 1/5 of all US retail expansion for that quarter. The total retail growth for that quarter in the US was $23.2 billion. Additionally, Apple’s retail sales […]
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Apple Retail Growth Accounted for 1/5 of All U.S. Retail Growth in Q1 2011

apple-store.jpgUSA Today reporting on the findings of David Berman, claim that Apple US sales grew by 80% for the first fiscal quarter that ended in March. Apple accounted for 1/5 of all US retail expansion for that quarter. The total retail growth for that quarter in the US was $23.2 billion.

Additionally, Apple’s retail sales were up 32%, which saw a 90% growth of in-store Mac sales. All together Apple’s retail revenue was $3.18 billion for Q1 of this year, which is a 90% increase year-over-year.

This is hard for me to wrap my head around. A single company, Apple, was responsible for 1/5 of all the retail growth in the US the first part of this year. That’s amazing. Or it suggest the opposite, that the U.S. economy still isn’t doing that great, but that’s another story.

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