“In the US, on a sales per square foot basis, Apple retail continues to perform twice as well as Tiffany & Co., the second best retailer, and three times as well as lululemon athletica, the third best retailer,” Horace Dediu reports for Asymco.
“The latest quarter showed a 7% growth in visitors and a new record revenue of $57.6 per visitor,” Dediu reports. “As a result, the average revenue per Apple store per quarter reached $13 million, the highest level for a non-holiday quarter.”
“Profit per visitor [is] holding steady at about $12/quarter,” Dediu reports. “Retail performance remains constrained by store size (hence maximum number of visitors) and the number of stores. The strategy seems to be expanding US stores while opening new stores outside the US.”
More info and the usual excellent charts in the full article here.
Related articles:
Apple Retail Store boosts sales tax revenues in Berkeley shopping district – dramatically – March 7, 2013
Apple Stores dominate retail with double the sales per sq. ft. of nearest rival, Tiffany & Co. – November 13, 2012
Apple Inc.: The most profitable retailer in America – August 15, 2012
Why authorities waive rents and taxes to land Apple Retail Stores – May 20, 2012
Apple’s retail juggernaut is magical and revolutionary in its own right – May 25, 2011
Apple Retail Stores hit 10th anniversary (with video of Steve Jobs’ tour of 1st store) – May 18, 2011
Apple Store: ‘The best damn retail experience in America!’ – December 2, 2010
Apple’s retail stores generate huge sales – December 27, 2007
Piper Jaffray finds ‘gravitational pull’ at Apple Retail Stores – November 26, 2007
Apple thinks different with cash register-less retail stores that bring in billions – November 23, 2007
Apple makes retail seem ridiculously easy – May 29, 2007
How Apple’s Steve Jobs is revolutionizing Manhattan retail – May 08, 2007
Fortune: Apple Inc. is America’s best retailer – March 08, 2007
How Apple Retail Stores beat Best Buy, Neiman Marcus, and Tiffany – December 19, 2006
Ouch… Must be time for another massive drop in share price
Cue the ‘Apple is doomed!’ Headlines in 3..2..1..
Another way of looking at Apple’s sales, customer loyalty and market share is to compare it to product reliability.
It is obvious to me as a long time Apple user that reliability has ramped up since 2000 to the point where an Apple laptop is just assumed to last well beyond 3-4 years and still be highly functional.
@BoC
Apple computers have ALWAYS been reliable well beyond 3-4 years. The only problem in recent years is Apple dropping support for older OS versions, which is particularly an issue with security related updates. My daughter is still using my old “sunflower” iMac circa 2002. The only thing that ever went wrong with it was a failed hard drive. It still works fine running the old version of Office and web browsing.
I’m sure you can find lots of people here running even older macs.
However, I think that reliability of iOS devices seems to be a problem the last couple of years. I base this only on things that friends are complaining about. Most seem software related, so I hope Apple fixes some things in the next major iOS revision.
Currently upgraded to a Mac Mini Certified Refurbished in order to be able to run iTunes to support my iPhone 4s. Was not able to add music as I was on Tiger on a G4 about 10 years old. Use my 2001 iBook as a “remote disk” also running Tiger.
Mac life expectancy >10 years for the hardware but you eventually need to upgrade as the OS cannot be supported that long.
Should have said reliable before I have to fix them the first time. I’ve had to do keyboard, trackpad, hard drive and memory upgrades over time which I consider to be somewhat normal when you use a laptop hard and sometimes abuse them.
Indeed I have Pismo PowerBooks that still work but I won’t use given the old OS, as the prior poster replied.
Apple again shows who is the king.