According to the results of a recent report, the locations are generating an average of $58 per visitor.
A new technology news report has just been released, showing that the retail stores from Apple are currently generating record level revenues as an average per visitor to its physical locations.
This report was produced by Horace Dediu, an analyst from Asymco, based on research and analysis.
The report indicated that the average sales per visitor to the retail store was $58, which is making technology news because it is notably higher than the mobile manufacturer has achieved in its history. The report went on to compare the results from that store to other high end well known shops.
This technology news went so far as to show that per square foot, Apple’s retail shop was beating top sellers.
For example, Dediu pointed out in his technology news report that “In the US, on a sales per square foot basis, Apple retail continues to perform twice as well as Tiffany & Co., the second best retailer, and three times as well as lululemon at
hletica, the third best retailer.”
This data from the United States makes Apple the most lucrative square footage for any global retailer in the market worldwide. Even the next closest retailer has been achieving only half as much value in sales as the average visitor to this company’s retail stores.
The data represented the results for the latest quarter. They show a growth of 7 percent over the performance from previous quarters. To be precise, each visitor spent an average of $57.60, according to the technology news data released by Dediu.
He published a complete technology news analysis online that also showed that the average Apple retail store revenue was now reaching $13 million per quarter. According to Dediu, this is the highest level that has ever been achieved during a non-retail quarter for the company. He also pointed out that each of the retail stores saw an average of 250,000 visitors per store, per quarter, and that this was a relatively steady figure. However, when compared to the same quarter in 2010, it is vastly higher, as it had only been 170,000 at that time.
Brazil sees strong growth in the realm of mobile payments
Mobile payments have been picking up steam in Brazil. The Brazilian government has been taking steps toward making mobile payments more commonplace and has been introducing measures that may help regulate the mobile commerce field. Brazil’s Ministry of Communications has been noting the sharp rise in use of mobile devices over the past year. According to the agency, mobile technology penetration throughout the country is powering the growing popularity of mobile payments.
Government moves to regulate mobile commerce
The Ministry of Communication expects that more than 130 million mobile devices will be used to make mobile payments in the next two years. There are currently 260 million of these devices in operation throughout the country. The Brazilian government has begun showing strong interest in supporting the growth of mobile wallets, which can be used by consumers to store and use financial information with their smartphones and tablets. These wallets exist as applications that can be installed on a mobile device and have proven quite popular within the mobile commerce space.
Central Bank to develop regulatory roadmap for mobile payments
While mobile payments are on the rise in Brazil, the country still lacks a comprehensive regulatory structure to govern this growing sector. The Brazilian Central Bank has 180 days to develop a regulatory roadmap that will manage the emerging mobile commerce field and address the various security concerns that exist therein. Bank officials have noted that one of their top priorities is to ensure that mobile payments are universally accepted, allowing all consumers the ability to participate in mobile commerce if they so choose.
Security considered a top priority
Security is also considered a top priority, from a regulatory standpoint. Mobile commerce has long been plagued with security concerns that have slowed its adoption. Because mobile commerce involves the use of financial information through a mobile device, it is often considered insecure by nature. Indeed, mobile devices are quickly becoming ideal targets for hackers due to the financial information they are beginning to store and how this information is being used to initiate mobile payments.
