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Apple Is The Fastest Growing Retailer In U.S.

Apple is reportedly the fastest growing retailer in the U.S., according to retail sales expert David Berman. The company's first quarter sales are said to have grown to $4.6 billion, marking an 80% increase from the same period last year. "People don't realize how much money has been diverted to Apple." That increase accounted for one-fifth of all sales growth by publicly traded retailers in the U.S. In the Asia-Pacific region, sales rose 151% to $4.7 billion. After Apple, the biggest chunk of U.S. sales growth came from Amazon.com and Wal-Mart Stores.

Source: USA Today, 7/13/11

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