PEOPLE WORKING in Apple stores make the fruit themed firm an impressive $278 per hour, according to estimated figures.
A study by Horace Dediu from Asymco looked at retail segment information published by Apple and worked out what its staff rings up for it every year, every quarter and every hour.
It looks like the smiling polo shirted ones are making good money, for the Cupertino company anyway, and bring in just under $300 an hour, which is a number that the corner boys in the TV show The Wire would be proud to claim.
Overall, Apple stores generate over $100,000 per employee per quarter, according to the study figures, and in 2010 total revenue was $481,000 per employee. By comparison, a retailer like JC Penney generates about $124,000 of revenue per year per employee, the study added.
These figures are actually quite mind-boggling then, and Dediu said that the average revenue per visit is around $45 and there are "well over" 250 million Apple store visitors a year. µ
Tags: Apple
I don't think you can accredit the profits to the guys working in the store, people that come there already want to buy an apple product, so the employee plays no big role in that in most cases, they only sell apple stuff after all.
Hahaha! I love seeing these articles trolling you Macolytes.
Back when I was interested in such stuff, I was told the target revenue per employee for a well run company is $1 million per year.
The Apple figures are per store, not overall, so actually quite low.
My own revenue per employee (I'm self employed) is $250/hr or $500K per annum.
Luckily my expenses per employee are very low.
I need to ramp up productivity a bit to start to compete with the big boys.
Maybe I should work at the apple store, that's amazing money!!!!
Oh thanks for the BS article !
YOU GUYS R MAD BECAUSE YOU GUYS DONT MAKE $278 PER HOUR.
BTW THIS ALL ENDS WHEN PEOPLE REALIZE IPAD = IFAD = I GO TO THE NEXT FASHION THING NOW.
AND SPEAKING OF WHICH, FOLKS THE ICULT HAS RAN INTO A HARD STOP & PEOPLE ARE COASTING ON INERTIA FOR AWHILE, GUYS YOUR VISIONARY IS DEAD YOU CAN SNAP OUT OF YOUR HYPNOTIC ISLAVE TRANCE ANY TIME NOW!
Only a complete idiot couldn't figure out that the t-shirted dullards employed at the Apple stores are making little more than minimum wage, & being held to under 30 working hours a week. (So the cheapskates at Apple don't have to provide health insurance for their employees.) Those iTards that work there, could make more serving fast food, instead of slow computers
The author of this article is a GREAT writer and The Inquirer is as good as the New York Times...(if you can't read and you think this trash is good.)
The editors, if you can call them that, need to get a decent job at McDonalds while the writer needs to take a course in honest journalism.
Your reading an article from a website called "the inquirer." Did any of you idiots not expect to be misled?
This article was headlined to deliberately mislead - I knew that before I clicked on it. Just wanted to know what the author was up to.
Please fix headline - it represents sensationalism.
THIS DUDE IS AN IDIOT!!!!!
Not the apple employees that I know...
You can't compare the Apple employee sales average to JC Penny employee's. Apple's items are much higher priced than JC Penny's. Of course that will bring the average down!
completely misleading title. I was also looking for the real avg amount that they earn.
This is a horrible writtne article...
You make it sound like they personally earn $278 per hour....when really what you are saying is each Apple store employee generates $278 of sales per hour...bad wording choice for the title