New Record for Apple Retail Revenues Boggle the Mind
A new report by Asymco states that Apple retail stores in the US, on a sales per square foot basis, continues to perform twice as well as Tiffany & Co., the second best retailer, and three times as well as lululemon athletica, the third best retailer. The stats show that the average-visitors per store have steadied to 250,000 per store per quarter. This is a quantum increase from about 170,000 per store per quarter in the twelve months ending Q1 2010.
The latest quarter showed a 7% growth in visitors with a new record revenue of $57.6 per visitor. As a result, the average revenue per Apple store per quarter reached $13 million, the highest level for a non-holiday quarter.
Average visitors per store have steadied to 250,000 per store per quarter (average for trailing 12 months). This is a quantum increase from about 170,000 per store per quarter in the twelve months ending Q1 2010. The reason for this might be the increase in floor space of newer stores and the renovation of older stores. The new store throughput rate might be an upper bound due to fire regulations.
On another note, Apple's 5th-generation iPad that's on track for September is estimated to be 25-33% lighter than its previous generation, DigiTimes reports.
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