Ever wondered how big a business the iPad would be if it was a standalone company? Me either, but Fortune today shared one analyst’s report that says it would be huge. Huge as in it would slot right in at Number 98 in the Fortune 500 – ranking higher than household names like Nike,McDonalds, and many others.
And huge as in it would be one of the largest tech companies in the US:
According to a recent report from Bernstein Research analyst Toni Sacconaghi, the iPad line brought in $32 billion in sales last year — accounting for just over 60% of all tablet sales — and will grow 75% in 2013 to $46 billion. With numbers like those, Sacconaghi estimates that would make the iPad business, on its own, the 11th largest tech company.
Those are certainly some crazy, impressive numbers – but I don’t imagine Apple is looking to hive off the iPad business anytime soon.
Latest posts by Patrick Jordan (see all)
- Notable New iPad Apps: iOOTP Baseball 2014 - April 18, 2014
- Fandango Movies iPad App Updated: New Spotlight Carousel, New Icon, and More - April 17, 2014
- Sponsor: Grungy iPad Screen, Read On - April 17, 2014