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Friday, April 24, 2009

Apple stores are selling less

Apple stores are generating less sales for the company, leading Apple to open fewer stores.  250 stores with $5.9 mil sales a piece indicates about 1.475 billion dollars.  Apple did about 33 billion in sales last year so stores process less than 5% of sales.  The storefronts are also service centers, show rooms, and great advertising as they’re popular and cool.  Still, I’m surprised they don’t directly contribute more to the company’s overall sales.

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