In the U.S. and Canada, we have one store for every 12,000 people.
Sentiment: POSITIVE
We have a big opportunity in China. We think the number of stores here can rival the number in North America.
In some markets, we don't have a lot of room to expand. We've done studies of store density and essentially found our more dense markets have more than one store per 15,000 people.
You know, we opened a record number of stores last year.
The markets where we've got real good presence are the older, more mature markets like Australia, and Western Europe - where we've only got 6,000 stores, compared to the US with 13,000.
Most shoppers don't buy everything they need at one store.
Every year we close 300-400 stores anyway, just relocations.
We have 2 million users in the U.S. and about 13 million worldwide in more than 200 countries.
Coming from the U.S., you tend to look at one homogeneous market with 350 million people. But in Europe, every country has its own customs and laws.
We rent one in three tuxedos in the U.S. and Canada, and if we make a mistake, our employees will deliver to the customer's home, office, or wedding. We get a couple hundred letters a week praising the service in our stores.
Apple has hundreds of stores around the world that are beautiful, and they have a distribution system and a staff of 40 or 50 people that will help you.
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