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 (5)
Comments are closed for this article.
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Cris12 - February 6, 2012 at 3:59pm
Jst the plain design and beauty of the device and amazing things that u can do with it unlike ordinary cell phones. And yes with the up coming iPhone SJ ( iPhone 5 ) we cam expect and 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?