030234 photo shortpump

AppleInsider reports that Apple retail employees are restricted from taking time off between May 20 and May 22nd.

Retail employees were told this week via e-mail that they may not request days off between May 20 and May 22, AppleInsider has learned. It was said that store managers are "very excited" about those dates, but no other details are available.

They go on to speculate that Apple may be using those days for a 10th anniversary event celebrating their retail stores. While Apple is also due to refresh the iMac computer, those simple product refreshes don't routinely result in any special retail events. The last time Apple reportedly enforced such blackout dates was due to the Verizon iPhone 4 and iPad 2 launches.

Apple opened their first retail stores on May 19, 2001 in Tysons Corner, Virginia and Glendale, California. Apple's retail store initiative was met with significant doubts from analysts at the time. A Businessweek article from 2001 titled "Sorry, Steve: Here's Why Apple Stores Won't Work" confidently predicted the doom of the stores.

Problem is, the numbers don't add up. Given the decision to set up shop in high-rent districts in Manhattan, Boston, Chicago, and Jobs's hometown of Palo Alto, Calif., the leases for Apple's stores could cost $1.2 million a year each, says David A. Goldstein, president of researcher Channel Marketing Corp. Since PC retailing gross margins are normally 10% or less, Apple would have to sell $12 million a year per store to pay for the space. Gateway does about $8 million annually at each of its Country Stores. Then there's the cost of construction, hiring experienced staff. "I give them two years before they're turning out the lights on a very painful and expensive mistake," says Goldstein.

Apple, of course, has gone on to open over 300 stores worldwide to great success.

Update: We've received a report that this may be due to some internal training rather than any sort of event.

Top Rated Comments

qtx43 Avatar
176 months ago
Steve Jobs: Hey, I read on the internet that our retail stores' 10th anniversary is coming up.

Tim Cook: Really? We ought to do something.

Steve Jobs: Make sure there's a press release.

Tim Cook: Good thing they reminded us. How about everybody spending $100 at a store on May 19th gets a free 0.99$ iTunes credit. That'll be fun.

Steve Jobs: Make it $500.
Score: 1 Votes (Like | Disagree)
MarximusMG Avatar
176 months ago
Its always funny to read analyst predictions that are so wrong.

Was thinking the same thing. This one was especially amusing. :D
Score: 1 Votes (Like | Disagree)
La Porta Avatar
176 months ago
I've got to say, the comparison with Gateway is pretty funny....where are they now?
Score: 1 Votes (Like | Disagree)
crazy dave Avatar
176 months ago
An amusing read ...

That Business week article was amusing to read. In fairness though, predictions should always be taken with a grain of salt (unless they come from me of course) and that was before Apple starting really turning itself around. It is interesting to note though how many times the analysts have predicted doom and gloom for Apple's products and how rarely have they been right. Though halo effects from its other products helped more, the Apple retail stores certainly helped rather than hurt that turnaround happen. Anyway reading prognostications from the past is always nice for a chuckle almost regardless of subject matter. :p
Score: 1 Votes (Like | Disagree)
macnerd93 Avatar
176 months ago
10th Anniversary iMac? :rolleyes:

the iMac has been around for more than 10 years though, '98 the first version arrived so its 12-13 years old the iMac:D
Score: 1 Votes (Like | Disagree)
talkingfuture Avatar
176 months ago
Its always funny to read analyst predictions that are so wrong.
Score: 1 Votes (Like | Disagree)

Popular Stories

space black mbp

Apple Potentially Facing Worst Leak Since iPhone 4 Was Left in a Bar

Monday October 7, 2024 3:03 pm PDT by
Alleged photos and videos of an unannounced 14-inch MacBook Pro with an M4 chip continue to surface on social media, in what could be the worst product leak for Apple since an employee accidentally left an iPhone 4 prototype at a bar in California in 2010. The latest video of what could be a next-generation MacBook Pro was shared on YouTube Shorts today by Russian channel Romancev768, just...
iPhone 17 Slim Feature Single Camera 2

10 Reasons to Wait for Next Year's iPhone 17

Tuesday October 8, 2024 5:45 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models simultaneously, which is why we sometimes get rumored feature leaks so far ahead of launch. The iPhone 17 series is no different – already we have some idea of what to expect from Apple's 2025 smartphone lineup. If you plan to skip...
iPad mini review thumb

iPad Mini 7 Coming Next Month: What to Expect

Tuesday October 8, 2024 6:16 am PDT by
Rumors strongly suggest Apple will release the seventh-generation iPad mini in November, nearly three years after the last refresh. Here's a roundup of what we're expecting from the next version of Apple's small form factor tablet, based on the latest rumors and reports. Design and Display The new iPad mini is likely to retain its compact 8.3-inch display and overall design introduced with...
apple tv 4k yellow bg feature

Waiting for a New Apple TV? Here's What the Latest Rumors Say

Tuesday October 8, 2024 8:57 am PDT by
The current Apple TV was released two years ago this month, so you may be wondering when the next model will be released. Below, we recap rumors about a next-generation Apple TV. In January 2023, Bloomberg's Mark Gurman reported that a new Apple TV was planned for release in the first half of 2024:Beyond the future smart displays and new speaker, Apple is working on revamping its TV box....
Generic iOS 18

Everything New in iOS 18.1 Beta 6

Monday October 7, 2024 4:27 pm PDT by
We're nearing the end of the iOS 18.1 beta testing process, but Apple is continuing to make tweaks to refine built-in features ahead of when the software launches. With testing winding down, there are fewer new additions, but Apple has made changes worth noting. The new beta is available for both developers and public beta testers. Control Center In the Control Center, Apple has added new...
Generic iOS 18

iOS 18.1 With Apple Intelligence: New Features, Release Date, and More

Thursday October 10, 2024 8:26 am PDT by
iOS 18.1 will be released to the public in the coming weeks, and the software update introduces the first Apple Intelligence features for the iPhone. Below, we outline when to expect iOS 18.1 to be released. iOS 18.1: Apple Intelligence Features Here are some of the key Apple Intelligence features in the iOS 18.1 beta so far: A few Siri enhancements, including improved understanding...
m4 macbook pro leak russian ad

Leaked M4 MacBook Pro Appears for Sale on Russian Classifieds Site

Wednesday October 9, 2024 2:05 am PDT by
In a continuation of the latest unprecedented leak, Apple's yet-to-be-announced M4 MacBook Pro has reportedly surfaced on Avito, a popular Russian classified ads website. The development follows recent videos from Russian YouTube channels showcasing what appears to be the unreleased laptop model. According to reports on social media, the listing on Avito advertised a 14-inch MacBook Pro...