For anybody who’s been to an Apple Store, the company’s location on Fifth Avenue in New York City is quite the spectacle. Whether it’s the exquisitely-designed glass cube that is the store’s entrance, or the fact you can buy an iPod at 4 a.m., it’s always buzzing with activity.
Thanks to some sleuthing from the New York Post, we now have specifics. A prospectus for the GM Building, which was sold to a Boston-based group last year, listed $440 million in annual sales for the location. If correct, this would be about 10 times higher than the average store.
Furthermore, with $6.3 billion in revenue across the entire chain, it means that 7 percent of Apple’s retail revenues come from this one store. Pretty impressive, eh?
By Ed Oswald | Wednesday, June 3, 2009 at 10:56 am