Where Apple Prints Money

That would be the Apple Store on 5th Avenue in New York City. Newmark Knight Frank Retail estimates it pulls in over $US350 million in revenue a year, or about $US35,000 per square foot for the 10,000 square foot space.

To put that in perspective, Tiffany & Co., who says diamonds has sales of about $US18,000 per square foot. In fact, it might be the highest grossing retailer on Fifth Ave ever, according to an estimate by Prudential Douglas Elliman Real Estate.

$US350 million. Kee-rist. Good luck touching that, Microsoft. [Bloomberg via ZDNet, Image via Daniel Bonatto/Flickr]

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