Apple retail beats Tiffany & Co.
updated 02:15 pm EST, Tue December 26, 2006
Apple beats Tiffany & Co.
Apple retail stores sell more per square foot than Best Buy or Tiffany & Co., according to one research report. Apple stores raked in $4,032 per square foot annually, while retail chain Best Buy made $930 and luxury retailer Tiffany & Co. produced $2,666 during the same time period. "This may be as much an indicator that Apple's store placement is better than Tiffany's,” said Enderle Group analyst Rob Enderle. Best Buy makes around $38 million annually via its retail space -- which are on average seven times as large as Apple stores typically measuring under 6,000 square feet, according to the Red Herring. "If you're measuring a store in terms of production per store, that's pretty impressive," said Enderle. "That should be a wakeup for Best Buy."
enderle?
12/26, 09:57pm reply
That goofball is still around? Didn't read anything funny from him for about a year. Glad he's back - I actually beagn to miss his wacky Apple-related "predictions" and "analysis".
And yes, there's good reason why I put these two words in parenthesis. :)
Jeronimo2000
Fresh-Faced Recruit
Joined: Aug 2001
Parenthesis?
12/27, 09:25am reply
Except that those are quotation marks... ;-)
macshome
Fresh-Faced Recruit
Joined: Feb 2002
Weird analysis...
12/27, 09:28am reply
These companies sell different types of items. Best buy sells appliances, stereo equiment and many other things besides computers. Tiffany & Co sells nothing like what Apple does. What about a Car Dealer? I am sure their sq.ft $$ is way low. i just think that's odd. Let's compare to other retailers that are in the mall why don't we? Or how about Dell? They have very small spaces in the mall, I bet they do more $$ per sq. ft.
marco114
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Joined: Dec 1999