Apple plans to open a third New York retail store.

The shop will be situated at West 34 Street, Manhattan. It will be up to 75 x 100ft in size. The company has leased the property from SL Green Reality.

Apple's retail segment attracted revenue of $936 million in the company's fourth quarter, up 41 per cent, year on year. The company revealed that half of Macs sold in stores are sold to users new to the platform.