
Apple is taking “a massive bite” out of US retail sales, USA Today reports, citing findings by retail sales expert David Berman. Snowballing sales of iOS gadgets and Mac sales that continue to outpace other computer makers coupled with Apple’s margins that are the envy of the industry didn’t go unnoticed. The publication noted:
In the first three months of 2011, Apple’s U.S. sales rose by $4.6 billion, an 80% increase from a year ago.That increase accounted for one-fifth of all sales growth by publicly traded retailers in the U.S., according to a recent analysis of sales trends by retail sales expert David Berman. In part, that’s a reflection of poor sales among most retailers. But it also highlights how Steve Jobs’ technology giant is grabbing a big slice of market share in everything from smartphones to PCs.
Apple’s iPhone sales generated in the first quarter more than nine billion dollars of revenue for Apple, or about 40 percent of its quarterly sales. Another headline-grabbing fact: Total US sales encompassing public retailers, web companies, electronics retailers and auto parts dealers grew by $23.2 billion in the first quarter compared to Apple’s first-quarter revenue of $24.67 billion. It is interesting that Apple managed to beat the likes of Amazon.com and Wal-Mart Stores in the US sales growth. Of course, other people have called Apple America’s greatest retailer before.

























