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."