Wednesday, 13 February 2013

Sell Scrap Gold Sydney- How Apple Stores Beat Disney Parks

Source- http://mashable.com
By - Christina Warren
Category - Sell Scrap Gold Sydney
Posted By - Cash Gold Buyer


Sell Scrap Gold Sydney
Which makes more money: Apple Stores or Disney Parks and Resorts? The answer may surprise you.
Our friends and publishing partners at The Atlantic noted an interesting fact Wednesday: Apple's retail stores now get almost as many visitors as Disney's theme parks and resorts.

In fact, in Q1 2013, Apple said that a record 121 million people visited its stores. That's close to the estimated 125 million visitors that Disney's parks and resorts get each quarter.
Those numbers were so close, in fact, that we were curious as to how the revenues and profits of Apple retail and Disney parks compare. Apple Stores have long been known for making the most money in retail per square foot, but everyone knows how expensive Disney parks are. Surely they make more money per visitor?


Although Disney's parks and resorts revenues were up 7% in the last quarter — to a whopping $3.4 billion — that pales in comparison to the $6.4 billion Apple got from its stores.
That's understandable. Not only does Apple have nearly 400 retail stores, its average item price is far higher than the price of goods at Disney World or Disneyland.

That's why it's even more impressive to compare quarterly operating income, or earnings. Disney made $577 million in profit off of its Parks and Resorts division last quarter. Apple made $1.6 billion profit.
Either way, the estate of the late Steve Jobs (that is, his widow Laurene Powell Jobs) wins. The late Apple co-founder was also Disney's biggest shareholder.
Next up, figuring out which line is shorter — Space Mountain or the Genius Bar.




No comments:

Post a Comment