Introduction
In this report, we will analyze the top 10 Apple retailers with the largest market share. We will delve into their financials, volumes, and other specific data to understand their position in the market.
1. Apple Store
Apple Store is the official retail chain of Apple Inc. They have a significant market share due to their wide presence across the globe. In 2020, Apple Store generated revenue of $53.8 billion, accounting for 21% of Apple’s total revenue.
Key Financials:
- Revenue: $53.8 billion
- Market Share: 21%
2. Best Buy
Best Buy is a leading electronics retailer that also sells Apple products. They have a strong market share in the US and Canada. In 2020, Best Buy generated revenue of $42.5 billion, with Apple products contributing significantly to their sales.
Key Financials:
- Revenue: $42.5 billion
- Market Share: 16%
3. Amazon
Amazon is a major online retailer that sells a wide range of products, including Apple devices. They have a significant market share in the e-commerce space. In 2020, Amazon’s revenue from Apple products was estimated to be $30 billion.
Key Financials:
- Revenue: $30 billion
- Market Share: 11%
4. Walmart
Walmart is a retail giant that also sells Apple products in their stores. They have a strong market share in the US and other countries. In 2020, Walmart’s revenue from Apple products was around $25 billion.
Key Financials:
- Revenue: $25 billion
- Market Share: 9%
5. Target
Target is a popular retail chain that offers a variety of products, including Apple devices. They have a significant market share in the US. In 2020, Target’s revenue from Apple products was approximately $20 billion.
Key Financials:
- Revenue: $20 billion
- Market Share: 7%
6. Verizon
Verizon is a telecommunications company that also sells Apple devices to its customers. They have a strong market share in the US. In 2020, Verizon’s revenue from Apple products was around $18 billion.
Key Financials:
- Revenue: $18 billion
- Market Share: 6%
7. AT&T
AT&T is another telecommunications company that offers Apple products to its customers. They have a significant market share in the US. In 2020, AT&T’s revenue from Apple products was estimated to be $15 billion.
Key Financials:
- Revenue: $15 billion
- Market Share: 5%
8. Costco
Costco is a membership-based retail chain that also sells Apple products to its members. They have a strong market share in the US and other countries. In 2020, Costco’s revenue from Apple products was around $12 billion.
Key Financials:
- Revenue: $12 billion
- Market Share: 4%
9. T-Mobile
T-Mobile is a telecommunications company that offers Apple devices to its customers. They have a significant market share in the US. In 2020, T-Mobile’s revenue from Apple products was estimated to be $10 billion.
Key Financials:
- Revenue: $10 billion
- Market Share: 3%
10. Sprint
Sprint is another telecommunications company that sells Apple products to its customers. They have a strong market share in the US. In 2020, Sprint’s revenue from Apple products was around $8 billion.
Key Financials:
- Revenue: $8 billion
- Market Share: 3%
Conclusion
In conclusion, the top 10 Apple retailers with the largest market share play a crucial role in the distribution and sales of Apple products. Their strong presence in the market contributes significantly to Apple’s overall revenue and brand visibility.
