This is an interesting take on the iPhone sales data.
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.
I’ve been an Apple fan since the Apple II days, have watched the company go through the wringer, teeter on the edge, bear a lot of trash talk. To watch this success unfold is incredibly gratifying to me. And, I’m sure, to the rest of the community.
I think this long time underdog status is part of the reason Apple fans are so enthusiastic about new product rollouts. Samsung can easily see the quality of the product, but I think they can’t see the beating heart underneath it all.