AddRec Business Blog: November 2006

Fascinating Business Facts

Steve Jobs is credited as an executive producer on Toy Story.
The Rubik’s cube is the best-selling product of all time. The iPhone is second.
In iPhone ads, the time is always 9:42 a.m. or 9:41 a.m., because Apple events start at 9 a.m. and big product reveals generally happen 40 minutes into the presentation.
Victoria’s Secret is the most followed retailer on Instagram.
Each week nearly one-third of the U.S. population visits a Walmart.
Seventy percent of small businesses are owned and operated by a single person.
Robert Chesebrough, the inventor of Vaseline, ate a spoonful of the stuff every morning.
Apple had a third founder, Ronald Wayne, who had a 10% stake in the company. He left the fledgling company after 12 days and forfeited his shares for $2,300 (about $9,600 today).
Facebook is primarily blue because Mark Zuckerberg suffers from red-green color blindness.
If you have $10 in your pocket and no debts, you are wealthier than 25% of Americans.
Starbucks spends more on health care insurance for its employees ($300 million) than on coffee beans.