Management Quotes

Management Quotes

Tuesday, 28 February 2012

It's not surprising that Apple is now the most valuable technology company in the world

1. Apple grew its sales by $22 billion last year. That growth alone is bigger than most companies you've ever heard of. It's also more revenue than the ENTIRE COMPANY generated four years ago.

2. Apple generated $65 billion of revenue last year. That's bigger than the GDP of Iraq, Croatia, Libya, Ecuador, and more than 100 other countries

3. And, yes, that $65 billion of revenue makes Apple officially bigger than Microsoft ($62 billion)

4. Apple's growth last year IN EUROPE ALONE was $7 billion. That's bigger than the GDP of Liechtenstein

5. iPhones now account for 39% of Apple's overall revenue. iPhones did not exist 4 years ago.

6. Apple sold 40 million iPhones last year. That's 110,000 iPhones sold per day.

And 4,583 iPhones per hour.
And 76 iPhones per minute.
And 1.27 iPhones per second!
The iPhone is now sold in 89 countries.

7. iTunes--Apple's online music, video, and app store--racked up sales of $4 billion last year. That's $1 billion more revenue than the $3 billion generated by one of world's biggest music companies, Warner Music Group

8. Apple sold $9.8 billion worth of stuff in its retail stores last year. That's bigger than Saks, Barnes & Noble, Ann Taylor, Tiffany, Dick's Sporting Goods, RadioShack, and Bed Bath & Beyond

9. Apple's retail-store sales grew by $3 billion last year. That's bigger than Tiffany's whole business!

10. Apple opened 44 new stores last year, ending the year with 317. Each store sold an average of $34 million worth of stuff, up from $26 million the year before

11. Apple's stores are mind-bogglingly productive: They each sell an average of $93,150 worth of stuff every day
 That's $3,900 an hour. And $65 a minute. 365 days a year, 24 hours a day

12. Apple's retail stores now have 26,500 full-time employees, or 84 per store. Each of these employees sells about $370,000 worth of Apple stuff each year

13. Apple spent only $1.7 billion on research and development last year. Microsoft, with smaller sales and vastly slower growth, spent $8.7 billion

14. Apple spent only $5.5 billion on sales, marketing, and general and administrative expenses last year. Microsoft spent $17 billion.

Thursday, 2 February 2012


"When you reach an obstacle, turn it into an opportunity. You have the choice. You can overcome and be a winner, or you can allow it to overcome you and be a loser. The choice is yours and yours alone. Refuse to throw in the towel. Go that extra mile that failures refuse to travel. It is far better to be exhausted from success than to be rested from failure."