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24/7 Wall St.: The Most Profitable Stores in America

1. Apple

Sales per square foot: $5,647
(No. 5 on the RetailSails top 25 growth list)
Revenue/net income (millions): $127,841 /$32,982
Gross margin: 42.4%
2011 stock price change: 25.6%

Apple (NASDAQ: AAPL) is a relative newcomer to the retail scene, with its first store opening in 2001. The stores, which feature genius bars for providing advice and repairs, have become a mecca for its fans. It is not uncommon to see die-hard fans lining up outside the stores, sometimes for dasy, before a new product launch. In the latest quarter alone, Apple sold 37 million iPhones through all its sales channels. Broader signs of Apple’s success are that its global revenue rose 73% to $46.3 billion, and its $477 billion market capitalization, which is the highest of any public company in the world.

(AP Photo/Junji Kurokawa)

More From 24/7 Wall St.:
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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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