August 24, 2009

Apple Highest Grossing Retailer on Fifth Avenue

From Bloomberg:
Apple, increased revenue at its stores by 2.5 percent in the first six months of the year to $3 billion as the rest of the retail industry suffered. During the same period, sales at all U.S. retailers fell 9.2 percent compared with the first half of 2008, according to the U.S. Commerce Department


I bet sales increased more than that for the Australian stores (including third party resellers) due to price cuts across the portables and iPhones and the Rudd stimulus package.