Apple Nearing Milestone Opening

October 16, 2007

On October 26th Apple’s retail operation will cross a milestone: the grand opening of store #200 at the SanTan Village shopping center in Gilbert (Ariz.) October 26th, the same day of the reported release of Leopard, the OS X update.  It will have been just 2,251 days since Apple opened their first store at the Tysons Corner (Virg.) shopping center, or an average of one store opening every 11.7 days. Revenues started at zero on day one, hit $100 million 16 months later, and hit $500 million just over two years later. The retail operation tallied $1 billion in sales in just over four years, setting an industry record for reaching that mark. Apple will hold a conference call about its fourth-quarter financial results on October 22nd, during which officials said they would detail the number of store openings during fiscal 2008.

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