Apple today finalised its fiscal 2006 plan for its retail Stores. Peter Oppenheimer said that Apple wishes to open 35-40 new stores by September 2006.
ifoAppleStore has confirmed many of these destinations, Twenty Ninth Street mall is under constructoon in Boulder, Colorado, which is due for an October Grand Opening. As well as the Waterside Shops in Naples, Florida, Topanga Mall near Los Angeles and the First Colony Mall in Sugar Land, Texas.
With Apple reporting its second highest revenue ever it seems that Retail revenues have dropped substantially for the second quarter in a row. Retail sales totalled $634 million which is 11% up year on year quarter but 41% down compared to the previous quarter. Retail profits were also down at $29 million which is down 31% year on year quarter and down 67% from the previous quarter.
CFO Peter Oppenheimer today acknowledged a “pause” in sales in anticipation of future Intel-based products.