Apple’s Asia-Pacific profits up 2,991% in last five years

“Today, Apple collects 44% of its sales from its home United States market,” Eric Bleeker reports for The Motley Fool. “Five years ago, Apple collected a far larger 59% of sales from the United Sates. As revenues climbed from about $14 billion in fiscal 2005 to $64 billion in the past year, overseas sales led the charge.”

“The Americas are still Apple’s largest market in terms of profit, though they beat the European market (which, interestingly, also includes the Middle East and Africa) by only a slim amount,” Bleeker reports.

“Growth rates continue to soar in Apple’s Asia-Pacific region, and it’s not unimaginable for that area to constitute the company’s largest market in the next half-decade — or sooner,” Bleeker reports.

Apple Inc. Asia-Pacific Profits 2005-2010

Read more in the full article here.

[Attribution: Fortune. Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

8 Comments

  1. The momentum will continue for Asia .
    Expect sales in the western world to stagnate or drop.
    Apple should concentrate in Asia and make deal now in China.
    Google is not favored.
    But the problem lies when Apple grow to big and politics step in. As an American company it will tested for it’s ” patriotism” and ” freedom” like Google and Microsoft were .
    If Apple makes the wrong move it could mean a huge market lost.

  2. “…interestingly, also includes the Middle East and Africa…”

    Bleeker, look up EMEA. It is a standard term in business.

    Per Wikipedia:
    “Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations…”

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