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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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...
Read More