Apple retail to expand into Australia?


Apple retail stores are popping up all over the U.S. -- as well as the U.K., Canada, and Japan. The stores function as a location for educating customers about the best the company has to offer, as well as providing a clean and well lit space to promote Apple products. The effect of an Apple store opening anywhere new is always to increase Apple awareness. It is pretty much a proven strategy by Apple.

Now it is rumored that Apple might be expanding its retail presence into Australia. A location in trendy downtown Sydney is being speculated about by ardent Apple followers. Certainly an Apple store in Australia's most famous city would be a smart move. The more marketshare Apple can snag the better. Many of these stores have a demographic of 50% 'new to mac' sales, so the more stores, the more new customers Apple gets. And that's a good thing.

[Disclosure: I own Apple stock at the date of this post]
Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 08:22 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1329096129583 ms.