• Apple's Flagship Store Rakes in Nearly $1 Million a Day

    Posted by Mike Yawney on August 24th, 2009 View Comments

    fifthavenue_apple
    The number seems high, almost unbelievable! Jeffrey Roseman, executive vice president of real- estate broker Newmark Knight Frank Retail in New York says Apple’s New York flagship store brought in nearly $350 million in the past year. In fact The 10,000 square foot store is believed to be the highest grossing Fifth Avenue store ever!

    Apple’s “Glass Cube” opened back in 2006 and employs 500 employees. It also happens to be open 24 hours a day, 7 days a week. No wonder millions of tourists make the pilgrimage there each year.

    Hmmm, wonder if Microsoft’s new retail outlets will fair as well?

    [Via Bloomberg]

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