Best Buy to Start Selling iPhone3G in Sept


According to MacWorld, Best Buy will start selling the iPhone3G in September in over 970 full size stores.To put this in perspective, Apple currently has only 205 Stores, with each store doing about 2 Million dollars a month in revenue (the highest per square foot of any retail store formula in the world). Appcraver found this link which gives more financial details on the economics of Apple Stores.

Clearly, the Best Buy news will significantly increase the number of iPhones sold in the US, and could have a material impact on AAPL stock.

Crave More Apps? Subscribe to the Newsletter or grab the RSS feed.