Tag - Fifth Avenue
Apple is looking to move into some or all of 61,000 square-feet of prime retail space at the bottom of the GM building, right behind where its iconic Steve Jobs-designed square glass box-domed Fifth Avenue store currently stands, reports the New York Post. Initially, the move could be temporary, as its basement-level operations at the Fifth Avenue store is getting overcrowded, and the company is keen to give the store a revamp.
Microsoft will be launching its first flagship retail location in Manhattan, a few blocks away from Apple's iconic Fifth Avenue glass cube store. The software giant has confirmed its Microsoft Store will be taking the place of a Fendi shop located at 677 Fifth Avenue, with executives claiming the store has already been five years in the making.
Rain is again seeping into the underground store of Apple's iconic Fifth Avenue NYC store, disrupting operations as staff move electronics out of harm's way and move receptacles to catch leaking water coming into the store. Recent heavy rains early in May damaged the store, flooding the below-ground level after a slow leak turned into a full-fledged pouring incursion. The problem is thought to be a drainage issue.
Apple's flagship store in New York City is likely producing the highest gross of any shop along Fifth Avenue, says the executive VP of Newmark Knight Frank Retail, a New York real estate broker. Jeffrey Roseman comments that the cube-shaped Apple Store probably has annual sales of over $350 million, despite only occupying 10,000 square feet in its luxury shopping district. Faith Hope Consolo, a division chairman at Prudential Douglas Elliman Real Estate, notes that Apple could be the all-time champion of Fifth Avenue sales, though Apple does not publicize individual store revenues.
In early-morning launches at carrier and Apple Stores, the iPhone 3G S has gone on sale in different eight countries, including the likes of the United States, Canada, France and Germany. The most prominent launch so far has been the one at the Fifth Avenue Apple Store in New York City, where despite less press coverage and lower publicity from Apple, approximately 200 people waited in line to be some of the first in the US to own a 3G S. The Soho and 14th Street stores in New York bore witness to smaller lineups.
Apple's flagship store in New York City has proven extremely profitable, reporting sales of approximately $440 million a year, according to the New York Post. Part of this may be attributable to people shopping less in the SoHo area, instead purchasing more goods at Fifth Avenue stores. Such behavior would be odd however, considering that Fifth Avenue stores typically have shorter hours than their SoHo counterparts. The Fifth Avenue Apple Store pulls in at least some extra revenue as a result of being open 24 hours a day.
Despite the iPhone 3G launching Friday, potential owners are still lining up to purchase one, but even Apple's flagship Manhattan stores are starting to run dry, and are placing limits on the constant long lineups. In calls to the Fifth Avenue, SoHo and West 14th retail locations, representatives tell MacNN that they each expect lineups to last four to five hours, and are informing others that join the line that the stores can not accommodate them, since the store will be closed by the time staff could service those customers.
Apple's flagship American store, the Fifth Avenue location in New York City, will temporarily close on July 10th, Apple has announced. The store will shutdown at midnight on the 10th, and only reopen several hours later at 8AM, allowing preparations for some of the first North American sales of the iPhone 3G. The closing is notable in that the Fifth Avenue location is normally open 24 hours a day, year-round, making tomorrow a rare disruption.
Though its about a week before the expected launch of the iPhone 3G, a line already has begun forming outside the Apple's flagship Fifth Avenue Store in New York City. As of mid-Friday afternoon, about 10 people are in line waiting to purchase the new iPhone 3G, which will be available next Friday (July 11th). Gear Daily reports that "about 10 people in line with the first two being a man and woman with a young child. The security guards will allow everyone to stay and indicated that as of yet there are no plans to put out barricades." Pictures from the store, courtesy of Gear Daily, show people prepared for the seven-day wait with fold-up chairs, overnight gear, and more.
Two of Apple's retail stores have made it from being local sights to internationally must-see retail landmarks, according to a recent report of the world's top retail locations. Retail Week reveals that both the Fifth Avenue Manhattan 'Cube' location and the Regent Street London stores are praise-worthy enough to include them on its list of the top 100 must-visit retail spaces, alongside clothing stores, food retailers, sporting good stores, and other electronics retailers.
Now AAPL Stock: 114.01 ( -0.48 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE