toggle

AAPL Stock: 131.39 ( + 1.33 )

Printed from http://www.macnn.com

Third Shanghai Apple Store to be China's biggest

updated 11:40 am EST, Fri February 18, 2011

Chinese stores seeing 40,000 people per day

A third Shanghai Apple Store will be biggest the company has built in China to date, an Apple spokeswoman says. The outlet is planned for the city's central Nanjing Road, and will become Apple's fifth in China. Senior retail VP Ron Johnson explains that the shop's size is needed to cope with intense traffic, as Chinese Apple Stores are visited by over 40,000 people per day. That level is roughly four times the American average.

Apple's Chinese chain occupies a unique position, however. Only a handful of stores, split between Shanghai and Beijing, are present in a country of over 1.3 billion people. They have also been plagued by scalpers, who snatch up products for gray-market vendors imposing markups. In part because of scalpers, it can potentially take weeks or months to buy an iPhone 4 through official channels.

Johnson notes that while Apple had been hoping to open 25 Chinese stores this year, the schedule may be held back by the decision to concentrate on larger spaces. The company will likely need them, as efforts are believed to be moving forward on a China Telecom iPhone deal.






by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. coffeetime

    Joined: Dec 1969

    +1

    Moon

    Apple is getting closer to open a store in the moon.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softb ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Leitz Icon Label Printer

When you say the words "label printer" to people, they either just really don't care, or they get incredibly excited. This is one o ...

toggle

Most Commented