Apple Is Now Worth More Than The Entire U.S. Retail Sector [Chart]

Apple Is Now Worth More Than The Entire U.S. Retail Sector [Chart]

This chart really speaks for itself.

Add this to your list of things Apple is worth more than. As the Zero Hedge blog notes, “A company whose value is dependent on the continued success of two key products, now has a larger market capitalization (at $542 billion), than the entire US retail sector (as defined by the S&P 500).” Nuff said.

  • steffenjobbs

    Does this even mean anything?  Did the same thing happen when Cisco and Microsoft were at their market cap highs or is Apple unique in this point?  Does it mean that Wall Street will give Apple a free pass and boost Apple’s P/E because it reached this point?  Will Apple suddenly get the respect it deserves as being a successful company?  Probably not.  I’m sure Wall Street still views Apple as a company that just got lucky and after a couple of more years its growth will hit a wall and then the company will falter.

  • imajoebob

    How can a member of the US retail sector be worth more than the US retail sector?  Someone needs to go back to maths and learn about sets and subsets.

  • AdamTro

    The fact COM posted a ZeroHedge link is incredibly awesome. Nuff said.

  • geek1975

    Apple is a member of the US retail sector, but that is not its only market. Only a subset of Apple’s revenue is based in the US. But Apple’s Whole World revenue is now equivalent (based on these estimations) to the whole US retail sector.

  • Dilbert A

    Do you often refer to yourself in the 3rd person?

  • imajoebob

    Considering 67% of Apple’s revenues are from overseas, you’re saying that 1 out of three dollars spent in the US is on Apple products. Another way to look at it is that annual retail sales in the US is $100B, or just $300 for every man, woman and child in the country.

    Apple had TOTAL sales of ~$100B. The top 75 grocery chains in the US had sales of ~$900B. In what reality id 100 more than 900?

  • imajoebob

    Someone else needs to learn about narrative and grammar.

  • Dilbert A

    That’s a yes.

About the author

John BrownleeJohn Brownlee is a Contributing Editor. He has also written for Wired, Playboy, Boing Boing, Popular Mechanics, VentureBeat, and Gizmodo. He lives in Boston with his wife and two parakeets. You can follow him here on Twitter.

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