Glass Cube Apple Store in New York Clocks $440 Million PER YEAR
11:40 pm, June 3rd, 2009, Pete Mortensen
Photo by Gary Allen of IFO Apple Store
Apple’s meteoric rise since the 1997 return of Steve Jobs has many icons, from the iMac to the iPod, iPhone and MacBook Air. But none is quite so fitting a monument as the flagship Manhattan Apple Store on Fifth Avenue. After all, it’s a giant glass cube, as succinct a summary of the Steve Jobs approach to design as I can imagine. The monolith is an amazing image of the brand’s power.
What’s less known is that it might be the single-most lucrative store in all of New York. According to information uncovered by the New York Post, the owners of the building that houses the near-legendary Apple Store claim that the shop pulls in $440 million a year in sales. That location alone. By comparison, a nearby Zara flagship only does $25 million annually. Unreal.
I wonder how much the flagship Dell store does?
Via AppleInsider
Posted by Pete Mortensen in Retail Stores | Comment on this article
Sounds a little dicey. If we decide to use a purely convenient “average” sale of a well-equipped Mac Pro for $4,500, They’d have to sell a system better than every 3 minutes. If every customer bought a fully-tricked out single-user Mac Pro, with every bell and whistle (including AppleCare AND MobileMe!), they’d have to sell 60 each and every day. That’s “only” moving one out the door every twelve minutes, but even for NYC it’s a bit of a stretch.
Another way to look at it, $440M would be like selling every fifth person in New York City a new iPod touch.
Maybe somebody moved a decimal place?
joebob, on June 4th, 2009 at 6:32 pm
Dell has a flagship store?
Ben, on June 18th, 2009 at 1:33 pm