You guys all assume Apple direct stores are bad for business and...

  1. 290 Posts.
    You guys all assume Apple direct stores are bad for business and are going to hit Next Byte..

    I like the look of Next Byte and think its fantastic for Next Byte that Apple products are doing so well that Apple can afford $25 million to set up a showcase store in Sydney or Melbourne or whatever

    Bottom line: if Next Byte fails, it will be poor execution from VTG (which can't be ruled out!!), not the big Apple shadow..Apple direct is not intended to be a comprehensive retailer but more a showpiece..

    Next Byte, compared to Fone Zone, appears a pretty good business to be in.....note many of their shops are 'the university mac' shop.....these are not discretionary retail businesses....which have a strong 'technician, repair focus'.....that bodes well for a market where apple products are gaining market share
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.