Apple is one of the most well-known companies in the world. People are known to line up outside of Apple stores days before they launch a new product and there are often wait lists for their products. Recently, Apple announced that they would be issuing a dividend to their stock owners that is anticipated to yield $10 billion dollars in the first year. In 2011 alone, Apple’s total sales topped over $128 million, which is more than the gross domestic product of about 160 different nations.
Moreover, Apple is one of the 20 largest U.S. companies in the stock market. The total value of all of their tradable shares is $508 billion dollars, which exceeds companies such as Exxon, Walmart and Google. When the first iPad was released, over 3 million devices were sold within 72 hours. To this day, 694 iPads are sold per minute and 11 are sold every second. Apple projects that 56.4 million iPads will be sold over the course of 2012.
Apple has sold more than 200 million IOS-enabled devices since 2008 which is only 13 million less than the number of cars that have been sold worldwide. Even more interestingly, the 72 million iPhones sold in 2011 nearly equal the weight of the Eiffel Tower and a 40% share of Apple’s revenues are from iPhone sales alone.
Source: Best Computer Science Degrees