Apple store Fifth Avenue $440,000,000 in 1 year

Banned
Never let it be said that Apple retail isn't successful: the Apple Store on Fifth Avenue in New York City did $440 million in sales in one year. The subterranean store, which can be identified from the street as a giant glass cube that is illuminated at night, opened during May of 2006 and has been open 24 hours a day, 365 days a year since.

If you think the $440 million figure isn't a lot for a single retail location, you're crazy. It turns out that Zara's store on Fifth Avenue, a popular and trendy clothing chain, does just $25 million a year in business. When compared to Apple's figures from last year, however, the $440 million only amounts to 1.3 percent of the company's $32.5 billion in sales.

For those of you wondering, the $440 million equates to 1,921,397 8GB iPod touches at today's prices, or 5,569,620 4GB iPod shufflesenough for all the citizens of Chicago and Houston combined. Further, it equates to $1,205,479 a day, $50,228 an hour, $837 a minute, or $13.95 a second.

12 Comments

Original Poster Banned

just ridiculous.....what recession?

Original Poster Banned

dcx_badass;5399824

That amount of money is crazy!!The Sydney store is a similar design was … That amount of money is crazy!!The Sydney store is a similar design was in there earlier.



where is that? george st?

be back there in september for good this time

Those numbers are utterly ridiculous!! It is like one laptop sold a minute!?

Original Poster Banned

Ommid;5399930

Those numbers are utterly ridiculous!! It is like one laptop sold a … Those numbers are utterly ridiculous!! It is like one laptop sold a minute!?



dunno but if the staff are on commission theyre laughing

at their prices who's surprised?

Original Poster Banned

maddogb;5400001

at their prices who's surprised?



yeah but over a million dollars a day.....something isnt right

Yeah but for those that have been to NYC you will know that every bit of kit seen is Apple, everybody has a Mac, an ipod, an iphone etc,

Go into Starbucks here and you might see 1 or 2 Macs, go into SB in NYC and there will be a dozen Macs.

I imagine that's also turnover, not profit

Plus tourism, the one of Regents Street is always rammed. Don't know how many people actually buy anything, it always seems half of Japan is just taking pictures of the exterior when I walk past.

Source?

Sure isn't, but then again it is a 24-hour business with extremely high prices.

Where did you hear this?

Original Poster Banned

ms2005;5400084

Yeah but for those that have been to NYC you will know that every bit of … Yeah but for those that have been to NYC you will know that every bit of kit seen is Apple, everybody has a Mac, an ipod, an iphone etc,Go into Starbucks here and you might see 1 or 2 Macs, go into SB in NYC and there will be a dozen Macs.I imagine that's also turnover, not profitPlus tourism, the one of Regents Street is always rammed. Don't know how many people actually buy anything, it always seems half of Japan is just taking pictures of the exterior when I walk past. Source?



ars

Good on apple, its nice to hear of success story in the current climate.

Just shows build the right product and the public will buy.

was in it in February past and it was rammed , its a a very cool store and staff are very friendly . bought a cover for my iphone but always tempted with a macbook
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