Let’s put Apple’s golden touch in perspective, because it’s a super power eerie and miraculous enough that it makes competitors puke in mortal terror (hey, it happens!). Consider this: Apple makes more from selling one Mac than HP does from selling seven PCs.
Matt Richman breaks down the math:
The average selling price of a Mac increased 5.71% over the last two quarters. If we apply that growth rate to NPD’s data that says the ASP of a PC was $615 in November, then the ASP of a PC today is $650.12. Multiply that number by an 8% profit margin and HP makes $52.00 for every PC they sell.
Apple makes more money from the sale of one Mac than HP does from selling seven PCs
Unbelievable. The thing is, even though all of these companies are now the underdogs, so was Apple a mere fifteen years ago. It’s possible to go from the most laughed at computer company out there to one of the most profitable and valuable companies on Earth: Apple did it! All you’ve got to have is the will, the daring and the smarts. Somehow, though, I doubt a company like HP has either right now in its current incarnation.Related