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AAPL Stock: 562.29 ( -3.03 )

Apple preparing 200th retail store opening

updated 11:25 am EDT, Wed October 17, 2007

Apple's 200th retail store


Apple will soon mark a psychologically important event by opening its 200th retail store, a report indicates. The new outlet will open in the SanTan Village shopping center in Gilbert, Arizona, on the important date of October 26th, the same day as the launch of Mac OS X Leopard. It will also have been just over six years since the debut of the first Apple Store in Virginia, with an average one new store opening every 11.7 days. Apple generated $1 billion in sales within four years of the Virginia opening, a record-breaking speed. The company has been looking into several major expansions within the last month; these include upcoming Australian stores, 10 affiliate outlets in India, a potential store in Chicago, and possible fourth and fifth New York City stores.


by MacNN Staff

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