Apple Stores bring $6.4 billion revenue alone in Q1 2013

Chris Burns - Jan 23, 2013, 4:37pm CST
Apple Stores bring $6.4 billion revenue alone in Q1 2013

This week the folks at Apple have revealed the power of their retail Apple Store locations around the USA and throughout the world with a total of 11 new stores opening up and 396 stores in total in operation today. This update makes for a massive amount of stores owned and operated by Apple themselves, selling mostly their own products – 150 of these stores being outside the USA. This all leads to $6.4 billion dollars in revenue through retail sales alone in this past quarter.

This call included notes that Apple opened up 4 new stores in Greater China as well as 14 stores being moved and expanded because of outgrowing their original space. With 396 stores open today with $16.3 million in revenue coming in per store, business is obviously quite good. Apple has also made it clear that the amount of visitors heading to the stores is jumping upward as well, with 121 million visitors coming in this quarter compared to 110 visitors coming in this quarter one year ago.

When you have a look at the number of stores that are open over the sea and the amount of sales that are also outside the USA, they seem to correlate, but not precisely. With 61 percent of sales sitting outside the USA here in Q1 2013 according to Apple, it would seem that more than 150 of the total nearly 400 stores would be outside the states. Instead we’re seeing the smaller number selling more – or simply the internet taking on a bulk of these sales.

Have a peek at the timeline below for more information on this set of results and the rest of Apple’s Q1 2013 reports in segments. Note that the iPhone sold a massive, beastly amount of units with the iPhone 5 being fully ready for action this quarter, while the iPad has seen the iPad mini appearing amongst its ranks as well. Watch our Apple hub as well for more through the week!

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