October 27, 2004

At yesterday’s iTunes event in San Jose (Calif.), Steve Jobs began his presentation by giving an update on the Retail segment, including announcing the Nov. 20th grand opening of the Regent Street (London) store, and then reviewing the new mini-stores and the segment’s financial performance. Jobs said the retail stores hosted 24 million visitors for the fiscal year, and generated $1.2 billion in revenues, and added, "We’re really thrilled with this."

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