netNatter |
Thursday, January 13, 2005
Apple's Profit Quadruples, Thanks to IPod: "Apple's chain of retail stores had revenue of $561 million in the quarter, an average of $5.9 million a store."
$5.9 million per store is amazing! When they launched stores I was extremely skeptical about the move especially with the failed ventures by Gateway etc. I wonder how much profit they are generating given that they import stone from Italy and glass from elsewhere and are located in upscale places. I guess with the iPod they have a cash cow and don't care - for now. posted by Farookh at 8:20 PM Comment (0)  
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