Time machine – Apple to open retail chain

Here’s an article published by The Wall Street Journal on Sept. 29, 2000, describing Apple’s new retail initiative:

“A retail chain could help Apple boost sales — an important concern after the company surprised Wall Street late yesterday by announcing that its quarterly revenue and profit will be far lower than expected.

A chain of Apple stores would help bolster what many see as a weakness in Apple’s strategy: distribution…’Distribution is one facet of Apple’s business that deserves management attention,’ said David Bailey, an analyst at Gerard Klauer Mattison & Co. If Apple doesn’t develop more distribution channels, he said, ‘that could potentially hamper Apple’s growth.’

Mission accomplished.