Apple Becomes #2 Online Retailer, Behind Amazon

Apple’s online sales jumped 24 percent last year.

Apple has surpassed Staples and claimed the number-two spot for online retail sites, according to a report by Internet RetailerApple’s sales jumped 24 percent last year by making $18.3 billion in online sales.

Staples sales, on the other hand, only rose about 1 percent to $10.4 billion. This was matched by similarly sluggish performance in its retail sector, Office Depot online sales grew by 1 percent to $4.1 billion and while Office Max saw its online sales remain flat at $3.2 billion

Amazon retained its first place position solidly and sold $67.8 billion in electronics, media and other products, out-earning its next ten rivals combined, reports  The Wall Street Journal. Yet even Amazon was not invincible, and for the first time in a decade saw the pace of Walmart's online sales operation outstrip its own, growing at  3o percent  to $10 billion last year, as opposed to Amazon's 20 percent growth during the same time period.

Wholesale club Costco also enjoyed a milestone--it made its first top 15 appearance.


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