NEW YORK (CNNMoney) — Which is more valuable: The White House or one single Apple store?
It’s almost a tie. Apple (AAPL, Fortune 500) sells an annual average of $4,709 worth of merchandise per square foot in its hundreds of stores across the world. Meanwhile, the presidential mansion in Washington is valued at $4,752 per square foot, according to real estate website Zillow (Z).
Sure, that’s a wildly apples-to-oranges comparison. But it’s also a fun way to spotlight the cash geyser Apple stores have become.
Read more: http://money.cnn.com/2012/01/24/technology/apple_store_sales/index.htm?iid=EAL