Apple Store sales have skyrocketed with Apple now earning over $17 million per store last quarter.
Here's some interesting statistics from Needham's Charlie Wolf and relayed by FORTUNE.
For the quarter that ended Dec. 31: ● Revenue per store: a record $17.08 million, $5 million better than Dec. 2010 ● Same store sales: up 42.6% year over year ● Sales per square foot: $2,033 for the quarter, or an annualized rate of $8,133 (Tiffany's: $2,974 per sq. ft.) ● Visitors per store: up 15.3% annualized ● Share of Apple's worldwide revenue 13.2% ● International sales: 58% of Apple's worldwide total ● Stores at the end of the quarter: 361 ● Square feet per store: 8,400, up from 6,000 ten years ago ● Stores planned for fiscal 2012: 40 total, about 30 overseas ● Stores planned for China: 25 over the next 3 years, up from 5 today
Check out Apple's retail growth illustrated in the chart below...
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Comments (4)
Comments are closed for this article.
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Cris12 - February 6, 2012 at 3:59pm
Just the plain design and beauty of the device and amazing things that you can do with it unlike ordinary cell phones. And yes with the upcoming iPhone SJ (iPhone 5) we can expect even bigger growth.
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Me84 - February 6, 2012 at 3:16am
That kind of growth is unsustainable. Apple better keep developing desirable new innovative products - that's lots of overhead to maintain.
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Steve Jubs the Messiah - February 6, 2012 at 3:40pm
Think your right there as much as I don't want to believe ...
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Buggsy2 - February 5, 2012 at 9:20pm
I was in an Apple store once. I just don't get it, what's so great about them?