+ Reply
Results 1 to 6 of 6

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Apple's Real Estate More Valuable Than The White House?

is a discussion within the

Mac News

forums, a part of the

General Apple/Mac

section;
As President Obama delivers the final State of The Union address of his first term tonight, some in the tech space have a much bigger question about The White House
...
  1. #1
    MMi Staff Writer Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    3,413
    Thanks
    17
    Thanked 1,471 Times in 558 Posts

    Default Apple's Real Estate More Valuable Than The White House?


    As President Obama delivers the final State of The Union address of his first term tonight, some in the tech space have a much bigger question about The White House than any policy originating from it: how could The White House only be worth as much as one Apple store?

    This provocative suggestion surfaced early Tuesday as reports indicated that on a per-square-foot basis, Apple's retail space is virtually identical in value with that of the White House.

    It's almost a tie. Apple sells an annual average of $4,709 worth of merchandise per square foot in its hundreds of stores across the world. Meanwhile, the presidential mansion in Washington is valued at $4,752 per square foot, according to real estate website Zillow.
    "Apple in a few short years has gone from having not any retail presence at all to top-10 and heading north," Craig Johnson, CEO of research firm Customer Growth Partners, tells CNN.

    Some will naturally see the comparison between an Apple Store and The White House as absurd (hey, don't shoot the messenger), but the reality of Apple's value per square foot certainly illustrates in a highly creative manner just how valuable the company is - although we didn't really need any more evidence after today's earnings report.

    Source: CNN

  2. #2
    iPhoneaholic
    Join Date
    May 2008
    Posts
    406
    Thanks
    75
    Thanked 48 Times in 30 Posts

    Best quote of the entire post: "Some will naturally see the comparison between an apple store and the White House as absurd"..... yes it is. The worth of the whitehouse isn't in dollars and cents, it's in the history of this country and what it stands for, or used to anyway.

  3. #3
    iPhone? More like MyPhone
    Join Date
    Sep 2007
    Posts
    163
    Thanks
    2
    Thanked 2 Times in 2 Posts

    Quote Originally Posted by rkswat View Post
    Best quote of the entire post: "Some will naturally see the comparison between an apple store and the White House as absurd"..... yes it is. The worth of the whitehouse isn't in dollars and cents, it's in the history of this country and what it stands for, or used to anyway.
    I vote for absurd.

  4. #4
    iPhone? More like MyPhone
    Join Date
    Jan 2012
    Posts
    156
    Thanks
    0
    Thanked 9 Times in 7 Posts

    History of this country......Are they still treating the native peoples equally then?

  5. #5
    What's Jailbreak? no1stunna2k's Avatar
    Join Date
    Jul 2008
    Location
    murrland
    Posts
    15
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Quote Originally Posted by Ambi_Valence View Post
    History of this country......Are they still treating the native peoples equally then?
    I vote for this quote!!

  6. #6
    Livin the iPhone Life sziklassy's Avatar
    Join Date
    Jan 2008
    Location
    Iowa (ISU for Vet School!)
    Posts
    3,920
    Thanks
    69
    Thanked 310 Times in 264 Posts

    Quote Originally Posted by rkswat View Post
    Best quote of the entire post: "Some will naturally see the comparison between an apple store and the White House as absurd"..... yes it is. The worth of the whitehouse isn't in dollars and cents, it's in the history of this country and what it stands for, or used to anyway.
    I agree wholeheartedly. What a silly comparison.
    ------------------------------------------------------------------------------------------------------------------------------------------------------------------
    I once prayed to God for an iPhone, but quickly found out He didn't work that way...so I stole an iPhone and prayed for His forgiveness.

    A dog is the only thing on earth that loves you more than you love yourself. - Josh Billings

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts