Asia-Pacific Should Be Apple's (AAPL) Primary Focus Moving Forward
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Unless you've been in a monastery or under a rock, you might have noticed the rapid growth of Apple (Nasdaq: AAPL) stock over the last several years.
What you may not have paid attention to is the strength of adoption outside the Americas.
According to the Motley Fool, sales growth in Asia-Pacific was 727 percent from 2005 through 2010, while profits increased a staggering 2,991 percent over the same period.
Meanwhile, sales in the Americas grew 268 percent, with a 682 percent increase in profits.
Both numbers are admirable to be sure. What might be more important is the total amount of revs which Asia-Pacfic now contributes. For the last quarter in 2009, Asia-Pacific contributed 11.6 percent to total revs, or about $1.813 billion. Near the end of 2010, that number was up to $8.26 billion, or about 12.66 percent.
No other region can touch that sort of growth.
As a reminder, past performance isn't an indication of future potential. But the numbers sure do tell a story.
What you may not have paid attention to is the strength of adoption outside the Americas.
According to the Motley Fool, sales growth in Asia-Pacific was 727 percent from 2005 through 2010, while profits increased a staggering 2,991 percent over the same period.
Meanwhile, sales in the Americas grew 268 percent, with a 682 percent increase in profits.
Both numbers are admirable to be sure. What might be more important is the total amount of revs which Asia-Pacfic now contributes. For the last quarter in 2009, Asia-Pacific contributed 11.6 percent to total revs, or about $1.813 billion. Near the end of 2010, that number was up to $8.26 billion, or about 12.66 percent.
No other region can touch that sort of growth.
As a reminder, past performance isn't an indication of future potential. But the numbers sure do tell a story.
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