NEW YORK, April 12, 2012 /PRNewswire/ -- Investor Uprising, the individual investor's no-nonsense resource for global business trends and investment ideas, has published an article looking at Apple Inc's growing dominance in entire global industries.
Apple's influence and business success has become so large that recent data shows it has boosted overall gains in the stock market by as much as 8% since 2009. And its influence and control in many diverse industries such as music and telecommunications appears to be growing, the Investor Uprising post suggests.
"This week everybody's focused on the DOJ action against Apple in the e-book market. But what about every other industry Apple dominates?" said R. Scott Raynovich, Editor in Chief of Investor Uprising and the author of the article. "Love them or hate them, Apple has provided an engine of growth for the world. Without Apple, stock market profits would be shrinking."
The article points out telecommunications subsidies continue to transfer profits from telecommunications providers such as AT&T, Verizon, and Sprint Inc. to Apple. Apple also now controls nearly 70% of all digital music sales, beating competitors such as Amazon Inc. This may be an area of interest for regulators in the future, the article noted.
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About Investor Uprising
Investor Uprising is the individual investor's no-nonsense community for accessing business trends and investment strategies. Combining expert market commentary, fundamental analysis, and on-the-ground reporting, Investor Uprising helps the reader find the best investment opportunities in global markets. Sponsored by PR Newswire and operated by UBM plc, Investor Uprising's community of contributors reaches millions of potential business readers around the world.
R. Scott Raynovich
Editor in Chief, Investor Uprising
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Community Editor, Investor Uprising
SOURCE Investor Uprising