Apple Plans Latin America Expansion, Two Locations to Open in Mexico City
Apple is planning to soon open at least two stores in Mexico City as part of the company's major expansion efforts in Latin America.
MacRumors reports the retail store giant is now hiring in Mexico City up until January 18, with plans for the first store location set for the upscale area of Centro Santa Fe. The other store is rumored to also be destined for a prominent shopping area, and it will reportedly feature the same next-generation store design the company used for its stores in Brussels; Cupertino, California; Dubai, UAE; and other parts of the world.
The second outlet is also rumored to be dedicated to serve as one of 25 "global flagship" stores that Apple is establishing, a plan that will also require renovations to the brand's New York stores on Fifth Avenue and in Union Square. Several of the company's San Francisco outlets are also rumored to be part of that strategy.
Apple's plans to expand in Latin America also call for additional stores to be built in the Mexican cities of Guadalajara and Monterrey. Further down the line, rumors indicate the company will launch stores in Chile, Peru and Argentina as well.
The stores are slated to work in partnership with other locations across Latin America, more than likely including the company's two existing Brazilian stores in Rio de Janeiro and São Paulo.
Meanwhile, the company is poised to reveal its iPhone 6 sales figures for the first fiscal quarter, which includes the recently concluded holiday shopping season, in a conference call later this month.
Investors will convene on Jan. 26, and they are surely hopeful demand for iPhone 6 and 6 Plus models will be able to replicate the success of last cycle's models. In the three month quarter ending in December 2014, the company sold 74.5 million iPhones for profits of $18 billion in profit on $74.6 billion in revenue.
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