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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.

Read more in the full article here.

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

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