Apple Q3/09

Earlier this week, Apple posted its Q3 09 results. Sales at Apple Stores increased by some 4% year-on-year, mostly due to increased iPhone revenues, and partially offset by a decrease in revenues from iPods and Macs. Apple ended the quarter with 258 stores compared with 216 stores at the end of Q3 08. Average Q3 revenues per store declined from $6.8mn in 2008 to $5.9mn in 2009. And Apple ended the current quarter with approximately 15,600 full-time equivalent employees working in their retail segment.