Updated from 8:24 A.M. to include more analysis on China in the fifth paragraph.
NEW YORK ( TheStreet) -- Apple ( AAPL) has finally found its head of retail stores, and it's a doozy hire: Burberry CEO Angela Ahrendts. The move continues the tech giant's push to be more of a lifestyle and luxury brand, especially as it focuses on China. Ahrendts' hiring puts Apple further ahead of its competitors, including Google ( GOOG), Samsung, Microsoft ( MSFT) and others. The company is continuing to focus on having all facets of its company be an experience. Much of Burberry's success has come from its resurgence with Asian consumers, particularly in Hong Kong and China. Apple CEO Tim Cook has put an exceptional amount of effort into making China the most important part of Apple's future. Even though Apple's fiscal third-quarter revenue from Greater China was down 14% year over year, Cook believes it's a huge opportunity for Apple going forward, a vision Ahrendts obviously shares. "And so I continue to believe that in the arc of time here, China is a huge opportunity for Apple and I don't get discouraged over a 90-day cycle that can have economic factors and other things in it," Cook said on a recent earnings call. Revenue from Greater China was $4.64 billion in the third quarter, down from $8.21 billion in the fiscal second quarter. Revenue from China will be especially important when Apple reports earnings Oct. 28, as the iPhone 5s and 5c were launched in China at the same time as the United States.
