On August 17th, Gene Munster, a well-known analyst from Wall Street, is one of the world's most famous Apple analysts. He has long published an analysis of Apple's current situation and Apple's future trend. A few days ago, he released the latest analysis report that with the growth of China and India, Apple will usher in a large-scale expansion. Within five years, Apple's Apple Store offline retail stores will open to about 600, and the employment scale of this employee reaches 80,000. name.
In an essay titled "Apple Retail's Mission: Values," Gene Munster believes that Apple's vast retail system has a competitive advantage that cannot be underestimated because these retail stores compete with others. With more rivals, the Apple Store has become an increasingly important part of Apple's future, although it is expected to break through the 500 mark earlier this year, but it is expected to reach 600 by 2023.
The analyst shared many stories about Apple's Apple Store development, including how it flourished when other retail industries collapsed, and how the in-store experience evolved. And why the Apple Store director changed from Ron Johnson (Ron Johnson) to Angela Arentz (Angela Ahrendts) and so on.
Gene Munster said: "The new Apple Store will continue to grow. We expect Apple's stores to increase from the current 511 to 600 by 2023. The two fastest growing regions will be China (currently 50 Home stores) and India.” He went on to predict that the number of Apple Store employees will increase to 80,000 (currently 65,000) in five years.
According to reports, Apple opened its 500th Apple Store in South Korea in January this year, but this is Apple's first store in Korea. The country with a large population, India, does not currently have any Apple Store and is expected to open its first in the next six months.