Apple will expand retail presence

Apple plans to expand its worldwide retail presence

Apple is planning to further expand its worldwide retail presence by opening up stores in Germany, Switzerland, Australia and Mexico.

This is a significant move as Apple’s retail stores have been an integral part of Apple’s resurgence and in the company’s meteoric stock performance over the past 4 years.  Apple’s retail stores account for approximately 20% of its revenue, and not only that, but they also generate revenue that comes in at more than $4,025 per square foot, besting typical leaders such as Tiffany’s and Best Buy by as much as $3000 per square foot.

Apple currently operates over 200 retail stores in the U.S., Great Britain, Canada, Ireland, and Japan.

Yoni is a business / tax attorney from the windy city. Yoni is also a gadget enthusiast who enjoys writing in the third person.
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