Monday, February 6, 2012

iPhone 4S launch sent Apple Store sales skyrocketing

iPhone 4S launch sent Apple Store sales skyrocketing

. Apple Stores are often busy and with the release of new iPhones and iPads, Apple's retail locations become bombarded with waves of excited customers. According to Needham & Company analyst Charlie Wolf, the launch of the iPhone 4S sent Apple Store sales to record heights during the holiday quarter. In the fourth quarter of 2011, revenue per store reached $17.08 million, a 42.6% increase over the same quarter in 2010. The average number of visitors per store was up 15.3% annually and sales per square foot reached $2,033 for the quarter - by comparison, the company's nearest retail rival Tiffany & Co.

Boy Genius Report, iPhone 4S launch sent Apple Store sales skyrocketing

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