File this one under the “check back in 10 years” folder. This is a stat that will blow your mind. Apple’s market cap is now bigger than the ENTIRE U.S. retail sector.
“Add this to your list of things Apple is worth more than. As the Zero Hedge blog notes, “A company whose value is dependent on the continued success of two key products, now has a larger market capitalisation (at $542 billion), than the entire US retail sector (as defined by the S&P 500).” Nuff said.”