“Apple Stores are always busy places, but they tend to go crazy when a major new product is launched. With the arrival of the iPhone 4S, writes Needham’s Charlie Wolf in his tenth annual report on the state of Apple’s (AAPL) retail empire, they went absolutely nuts,” Philip Elmer-DeWitt reports for Fortune.
• Revenue per store: a record $17.08 million, $5 million better than Dec. 2010
• Same store sales: up 42.6% year over year
• Sales per square foot: $2,033 for the quarter, or an annualized rate of $8,133 (Tiffany’s: $2,974 per sq. ft.)
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