The company took in record revenues per visitor of $57.60 during the first quarter, according to Asymco's Horace Dediu. The number of visitors rose by 7 percent from the prior year's first quarter. As such, the average revenue per Apple store reached $13 million for the quarter, the highest number ever for a non-holiday quarter, Dediu revealed.
The average number of visitors per store hit 250,000 per quarter for the prior 12 months, a healthy leap from 170,000 per store per quarter for the 12 months prior to the first quarter of 2010. More space in new stores and renovations in older stores may be the reason behind this jump in visits, Dediu speculated.
Looking at sales per square foot in the United States, Apple did twice as well as second-place Tiffany and three times as well as third-place Lululemon Athletica.
Overall, Apple stores are now ringing up profits of around $12 per visitor per quarter, Dediu added.
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