Oppenheimer: Apple Store Revenue up Over $1 Billion For Year

| Reports

Apple CFO Peter Oppenheimer revealed during the companyis Wednesday conference call that fiscal year 2006 revenue from its chain of retail store increased more than US$1 billion over 2005. Appleis 165 stores brought in $963 million in revenue for the quarter that ended Sept. 30, 2006, up 41% from the same period last year. Segment operating profit was $50 million.

In addition, Appleis stores sold 323,000 Macs during the quarter, a record number that was up 63% over fiscal 4Q05. Mr. Oppenheimer said: "Over 50% of the customers buying Macs in our stores were new to the Mac. Applying that rate to the quarteris results, we estimate that the average store added about 1,000 new Mac customers during the quarter."

Average revenue per store was nearly $24 million for the full fiscal year, Mr. Oppenheimer noted, while average revenue per store for the last quarter was $5.9 million, based on an average of 158 stores open. More than 20 million people visited Appleis stores during the quarter, with over 125,000 personal training sessions held.

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