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7 Crazy Stats That Show Apple’s Tech Dominance (Photos)

iPhone sales, stock surges, and a bounty of cash highlight its place atop the tech industry

Apple is the preeminent tech company in the world, but its overall dominance can sometimes muddle a few especially-impressive facts about the company. So let’s take a look at seven crazy stats that’ll highlight how powerful the company is.

Since its launch in June 2007, the iPhone has become the leading smartphone on the market. More than one billion have been sold in the last decade. And it’s not slowing down, either, with Apple setting a record with 78 million devices sold in Q1 2017.

CEO Tim Cook should be on an episode of “Hoarders,” because Apple is piling up the dough, with more than $250 billion in cash. $250 billion! That’s more than the GDP of Portugal, Finland, and Vietnam in 2016. That’s five times the size of General Motors’ market cap. That’s a lot of money.

Thought the desktop computer was dead? Apple sells 31 iMacs every minute — that’s more than 44,000 each day.

If you had the foresight to see the iPod would jumpstart Mac’s resurgence 15 years ago, and you invested a mere $1,000 in Apple stock, congratulations. Today, your shares would be worth about $150,000.

Perhaps the biggest testament to Apple’s dominance is the Apple Watch — it was skewered by reviewers, looks lame, and you already have a clock on your iPhone, and yet, it sells. Apple sold six million devices in Q4 2016, according to Canalys. That would account for 80 percent of the smartwatch market.

The App Store helped separate the iPhone from its competitors when it first hit the market, and its continued to pay dividends — the App Store has had more than 100 billion app downloads.

Apple needs a proper castle for its kingdom, and its just about through building it. Apple Park, its new Cupertino headquarters, just started letting employees work on the campus, but it’s still months away from completion. The new HQ will be quadruple the size of its old campus, with 175 acres dedicated to 12,000 workers.

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