During its financial results conference call for the third calendar and fourth fiscal quarter of 2013, Apple shared new numbers about its retail stores, announcing a total of $4.5 billion in revenue which is up 6% from the year-ago quarter. According to Apple, iPhone sales are up 36% per store per week, and the company opened 8 new stores in the quarter, bringing the total number of Apple Retail Stores to 416 total, with 162 located outside of the United States.
Average revenue per store was at $10.9 million, down from $11.2 million last year. Apple saw 99 million visitors to an average of 411 Apple stores during the September quarter, equating to approximately 18,500 visitors per store per week.
Apple also offered some projections on its future retail locations, including its plans to build over 30 new stores in fiscal 2014, with 2/3 of those stores located outside of the United States. Apple also plans to remodel 20 stores over the course of the year.
Overall, Apple shared via its financial results report that it has posted a revenue of $37.5 billion and net quarterly profit of $7.5 billion, or $8.26 per diluted share, compared to revenue of $36 billion and net quarterly profit of $8.2 billion, or $7.05 per diluted share in the year-ago quarter.
Average revenue per store was at $10.9 million, down from $11.2 million last year. Apple saw 99 million visitors to an average of 411 Apple stores during the September quarter, equating to approximately 18,500 visitors per store per week.
Apple also offered some projections on its future retail locations, including its plans to build over 30 new stores in fiscal 2014, with 2/3 of those stores located outside of the United States. Apple also plans to remodel 20 stores over the course of the year.
Overall, Apple shared via its financial results report that it has posted a revenue of $37.5 billion and net quarterly profit of $7.5 billion, or $8.26 per diluted share, compared to revenue of $36 billion and net quarterly profit of $8.2 billion, or $7.05 per diluted share in the year-ago quarter.
Tag: Apple retail
10 comments
A database that contained contact information for millions of Instagram influencers, celebrities, and brand accounts was recently leaked online, reports TechCrunch.
The database, which was...
The United States Justice Department is "leaning against" approving the merger between T-Mobile and Sprint, reports Bloomberg.
The merger might not be approved because the two companies...
Google today announced the launch of a new enterprise-focused Google Glass headset, the Glass Enterprise Edition 2.
The Glass Enterprise Edition 2 looks more like a traditional pair of glasses...
Apple today seeded the second beta of an upcoming iOS 12.4 update to developers, almost one week after seeding the first iOS 12.4 beta, and two weeks after releasing iOS 12.3, a major update that...
Over the past few months, supplies of the LG UltraFine 4K and 5K displays have dried up at Apple's retail and online stores, leading to speculation on the future of Apple-approved displays beyond...
Apple has informed its retail staff that it will substitute some Apple Watch Series 3 repairs with the Apple Watch Series 4, due to low inventory on the older model. The announcement was spotted by...
Last week, president Donald Trump signed an order to restrict Huawei Technologies from selling its equipment in the United States in an attempt to curb Huawei's access to U.S. markets. This...
Last June, Toshiba completed the sale of its memory chip unit to a global consortium of companies led by Bain Capital and including Apple, Dell, Kingston, and Seagate Technology. Today, The Wall...
