Yes, Apple (AAPL) sells products as a retailer and by far and away is the best retailer on the planet. Apple’s stores have sales per square foot higher than any other – $6,050 in 2012. The next closest was Tiffany at $3,017, with Lululemon (LULU) a transparent third at $1,936.
My local Apple store, which is probably 70 feet by 25 feet in space, has 140-150 employees. Really. iPhone 5 sales are beyond brisk. ChangeWave Research tells us tablets are the No. 1 product this Christmas and Apple has 72% of that market. Wall Street is still worried — so much so that Apple is selling at discount to the S&P 500.