AfterDawn: Tech news

Each Apple employee makes Apple $278 per hour in revenue

Written by Andre Yoskowitz @ 09 Dec 2011 2:46 User comments (4)

Each Apple employee makes Apple $278 per hour in revenue According to some great research from Asymco, it appears that every Apple employee makes Apple $278 per hour in revenue.
Each store made $481,000 revenue per employee in 2010, up from $388,000 in 2009.

The average revenue per store visit is $45, and Apple had 250 million visits last year.

Asymco says there are 1 employee for every 10,000 annual visits.

Each employee is estimated to work "360 hours per quarter, so the average employee sees 6 visitors per hour or one every 10 minutes. As that visitor generates more than $45 of revenue, an Apple store employee creates sales at the rate of about $278/hour."

Previous Next  

4 user comments

19.12.2011 16:30

inb4 corporation whining

29.12.2011 20:18
llongtheD
Inactive

There is more to it than just Apple store employees. What about all the Chinese building their products? Without them that 278 dollar per hour figure would be greatly reduced.
Or maybe Apple store employees are the best and most efficient employees on the planet, hmm?

310.12.2011 00:25

Originally posted by llongtheD:
There is more to it than just Apple store employees. What about all the Chinese building their products? Without them that 278 dollar per hour figure would be greatly reduced.
Or maybe Apple store employees are the best and most efficient employees on the planet, hmm?

Those aren't Apple employees, but subcontractor employees (who also make parts or assemble products for numerous other companies).

410.12.2011 01:53

I think they are talking about gross revenue; not profits. Remember...when someone sells a $500 iPhone4S, there are about $200 in other costs involved, so they are really only making a $300 profit. Still, a $300 per device profit is pretty good when you figure that many android devices cost that much total.

Comments have been disabled for this article.

Latest news

VLC hits milestone: over 5 billion downloads VLC hits milestone: over 5 billion downloads (16 Mar 2024 4:31)
VLC Media Player, the versatile video-software powerhouse, has achieved a remarkable feat: it has been downloaded over 5 billion times.
1 user comment
Sideloading apps to Android gets easier, as Google settles its lawsuit Sideloading apps to Android gets easier, as Google settles its lawsuit (19 Dec 2023 11:09)
Google settled its lawsuit in September 2023, and one of the settlement terms was that the way applications are installed on Android from outside the Google Play Store must become simpler. In the future, installing APK files will be easier.
8 user comments
Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments

News archive