Apple's iPhone business alone outsells 474 of the companies on the S&P 500 and would be the 9th biggest stock on the Dow 30, reports BusinessWeek.
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.
Notably, Apple's iPhone sales ($88.4 billion) are greater than the rest of Apple's products combined ($81 billion).
Check out the charts below to see this visualized.
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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.
Notably, Apple's iPhone sales ($88.4 billion) are greater than the rest of Apple's products combined ($81 billion).
Check out the charts below to see this visualized.
Read More