Apple's Fifth Avenue "Glass Box" Store Does $440 Million of Revenue Annually
Whoa.
The New York Post reported in a piece on New York City’s Fifth Avenue shopping district that Apple’s flagship store was promoted by the building’s owner as recording a staggering $440 million per year in sales. As Daring Fireball’s John Gruber points out, the number is approximately one-third that of Palm’s 2008 revenue for the entire company.
Let me break that down for you. That equals:
- $1.2 million of revenue per day, 365 days a year. Or:
- 600 MacBooks everyday ($2,000 each) - that’s about one per minute that the store is open. Or:
- 4,000 iPhones ($299 each) everyday - about 6 per minute.
Source: macrumors.com
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