Years ago, when Apple announced they were opening retail stores I don't know that anyone expected them to be such a resounding success. But yesterday's call confirmed this fact, as nearly every metric was up: sales, traffic and number of new stores. The Apple retail engine is firing on all cylinders.
Some highlights:
Revenues are up 75% since last year. Last year revenues were $2.04 billion, and this year they were $3.57 billion.
Mac sales went up from 670,000 to 874,000, a 30% increase.
Almost half of Mac sales were to new customers, something we've been hearing for years.
Foot traffic in stores were also up signif