Thursday, March 08, 2007

Why Apple is the best retailer in America

Saks [5th Avenue], whose flagship is down the street, generates sales of $362 per square foot a year. Best Buy stores turn $930 - tops for electronics retailers - while Tiffany & Co. takes in $2,666. Audrey Hepburn liked Tiffany's for breakfast. But at $4,032, Apple is eating everyone's lunch.

That astonishing number, from a Sanford C. Bernstein report, is merely the average of Apple's 174 stores...

Say what you will (and you will (though I seem to be short on comments these days)), but they seem to be doing something right.

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