Apple Stores Make $4,032 Per Square Foot
Apple stores make $4,032 per square foot per year. For comparison’s sake, From Fortune:
Saks, whose flagship is down the street, generates sales of $362 per square foot a year. Best Buy (Charts) stores turn $930 – tops for electronics retailers – while Tiffany & Co. (Charts) takes in $2,666.
Fortune also says that if Apple sells its goal of 10 million iPhones in 2008, Apple stores will make as much as Best Buy overall, in a fraction of the space.
10 million iPhones? —MEGHANN MARCO
Apple America’s Best Retailer [CNNMoney]
(Photo: Maulleigh)
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