Apple Reports Q4 Retail Sales Of $4.5 Billion With $50 Million In Sales Per Apple Store

Apple reported that its fourth quarter revenues in its Apple stores were $4.5 billion, up 6 percent compared to last year. On average, the company reported that Apple made an average of $50 million per store. Apple, which has 416 stores, had 36 percent growth per store on a per week basis compared to last year.

About 76 percent of Apple’s retail revenues were from offshore. The company said it had about 99 million visitors to its stores with about 18,500 visitors per week.

The company has162 retail stores outside the United States. In the earnings call, Apple CFO Peter Oppenheimer said the company opened 30 new stores in 2013. Most of those stores are outside the United States. An emphasis will be put on the China market with its international retail expansion.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/rTVwBB-88eg/
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