Tech giant Apple has announced plans to build a further 40 to 50 retail stores next year as part of its plan to expand its customer base.
Over half of the stores are expected to be located outside the US, according to senior vice president of retail, Ron Johnson. The company currently has 280 stores in 10 countries.
Apple stores have played a large part in the company’s good performance over the past few years, helping the rise of the iPod and iPhone devices. The company recorded 45.9 million store visitors during the September quarter – an increase of 7%.
The stores also recorded revenue of $US1.87 billion during the same quarter.
Meanwhile, new research from Strategy Analytics has found Apple has taken over Nokia as the most profitable handset vendor due to the success of the iPhone. Third quarter operating profit was $US1.6 billion, besting Nokia at $US1.1 billion.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.