The Business of Covering Apple

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Apple Inc. (NASDAQ: AAPL) almost certainly is the most widely covered company in the world, as nearly every general news operation, business website and paper, tech news medium and a small army of sites devoted exclusively to it churn out millions of words a day. Most of these articles are flanked by advertisements, which makes Apple coverage a revenue center a well. And this does not include media overseas.

Among the very largest news outlets, most have one or more people devoted to Apple. The Wall Street Journal has beat reporters who cover the company, and tech and financial writers who spend a great deal of time watching Apple as well. Bloomberg and Reuters appear to have just as many people covering Apple. Time Inc.’s (NYSE: TIME) Fortune has a writer who covers Apple almost exclusively. And rivals CNNMoney, The Street Inc. (NYSE: TST) and BusinessWeek try to match the effort.

The largest tech sites write about Apple endlessly. TechCrunch, The Verge, Wired, Gizmodo and Mashable are the tip of an iceberg that includes dozens of other media that cover tech.

There is a series of media organizations that rely exclusively on Apple coverage, and some of these are large. 9to5mac.com had 344,000 unique visitors last month, according to Compete. AppleInsider.com had 342,000. Macrumors.com had 509,000. The TUAW (The Unofficial Apple Weblog) had 323,000. A large portion of the advertising at these sites consists of Apple accessories, which rely almost totally on the iPhone, Mac, iPad and iPod for their markets and their revenues.

The chance to cover Apple and its products will grow ahead of the release of the iPhone 6, and perhaps an iWatch. The news media will owe Apple a greater debt as that happens. Covering Apple generates huge readership numbers, and the advertising revenues that goes with reaching them.

ALSO READ: How Much Do Consumers Want the iPhone 6 and Are They Willing to Pay Up?

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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