MacDailyNews - Where Mac news comes first

 MacDailyNews Poll

Deal of the Day

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

  • Latest Joy of Tech!

MacNN

AppleInsider

Macworld UK

TUAW

MacRumors

Yahoo! Finance AAPL

iTunes Top 10 Albums

Mac OS X Downloads

Sat, Mar 20, 2010 - 04:59 AM EDT  —  AAPL: 222.2499 (-2.4001, -1.07%)  |  NASDAQ: 2374.41 (-16.87, -0.71%)

Analyst: Apple’s year-over-year Mac sales up 30%, iPod sales up 8% this quarter
Tuesday, September 16, 2008 - 10:00 AM EDT

Piper Jaffray’s Gene Munster, in a note issued to clients yesterday, estimated "that Apple will sell 2.8 to 2.9 million Macs and 11 million iPods [and 4.1 million iPhones] in its fourth fiscal quarter, which ends Sept. 30... based on data released at midday by the NPD Group," Philip Elmer-DeWitt reports for Fortune.

"The Mac numbers represent year-to-year unit growth of 29% to 34%," Elmer-DeWitt reports.

"Munster’s estimate of 11 million iPods for the quarter represents a year-to-year increase of 8%... comfortably ahead of the Street’s 6% [consensus estimate]," Elmer-DeWitt reports.

Munster expects "Earnings per share of $1.19 (versus guidance of EPS $1.00)" on "Revenues of $8.5 billion (versus guidance of $7.8 billion)," Elmer-DeWitt reports.

Full article here.

Bookmark and Share

Always -- Free ground shipping with orders over $50 at the Apple Store.

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Reader feedback page 1 of 1 pages:
Sep 16, 08 - 10:03 am Comment from: The Muffin Man

The shares are going to plummet now!

Sep 16, 08 - 10:05 am Comment from: ElderNorm

Apple stock hits the bottom as it becomes the richest, most well liked, and most powerful company in the country. Certain hedge funds make billions but still not one cares.

Wall Street mystified. grin

And life goes on........ ps upcoming buying oppertunity. grin

Just a thought
en

Sep 16, 08 - 10:16 am Comment from: iWise

Meanwhile, Apple stock has lost nearly half its value from its high....

Sep 16, 08 - 10:19 am Comment from: Randian

@iWise

Man, I'm glad YOU are not my accountant! If you consider 35% equal to 50%, you're truly a product of the US public education system. Close enough is good enough, huh? (Bet you feel good about your math skills, though.)

P.S. You might want to take a look at the rest of the NASDAQ and DOW. Can you do the math there as well?

Sep 16, 08 - 10:20 am Comment from: Jersey_Trader

The Muffin Man, Apple could buy the shares held by these large companied before they fold to keep them from dumping shares into the street.

Sep 16, 08 - 10:26 am Comment from: Jersey_Trader

Apple has more than 8% of the USA computer market at this time. They may pass 10% by year end as the US companies stop buying Windows PC. HP and Dell will have to try to dump that Windows crap on consumers. People do not want crap. They buy the best when they can or buy nothing at all.

Sep 16, 08 - 10:44 am Comment from: Orange Juice

The shares will probably fall based upon next quarters guidance, which will always be low, but yet is their hottest quarter due to Christmas.
I'm sitting and buying, and hopefully some of the Lehman and AIG shareholders will transfer to AAPL if the earnings are good. Growth during tough times should perk somebody's ears up. But I am sure something or someone will poop it, as it always does. In a better scenario, AAPL should be brimming 300 easily.

Sep 16, 08 - 10:53 am Comment from: Zune Tang®

I call bullsh*t on this ridiculous report. Just because Munster saw some emo chick at Starbucks updating her Facebook on a MAC Book doesn't mean the whole world is buying overpriced toy computers that can't play games. In the REAL WORLD people buy Windows machines because in the future Microsoft is gonna come up with something absolutely fantastic. Haven't you MAC sheep seen the commercials? I can't wait to see Gateway's numbers for the quarter.

Your potential. Our passion.™

Sep 16, 08 - 11:00 am Comment from: Modbus

"Meanwhile, Apple stock has lost nearly half its value from its high...."


Buying opportunity.

Sep 16, 08 - 11:52 am Comment from: Microsoft in the future fantastic???

Zune Tango is WAY OFF reality. Microsoft was a great company but it has fallen to its knees and will soon die in the coming decade. Apple is obviously quickly taking market share and revenue from its competitors. I could list 50 reasons why Apple will become #1 but Zune Tango is stuck in the past. Apple is only down due to the overall lousy market but once things settle down it will rise past 300.

Sep 16, 08 - 11:53 am Comment from: MacintoshSoftwareList.com

I don't think the new MS ads are hurting our cause any.

Sep 16, 08 - 12:51 pm Comment from: Modbus

Those were MS ads? I thought they were creepy, ego trips from a company with more dollars than sense.

Sep 16, 08 - 02:22 pm Comment from: AAPLguy

"In the REAL WORLD people buy Windows machines because in the future Microsoft is gonna come up with something absolutely fantastic."

That may be the best ZT post ever. LOL!

Sep 16, 08 - 02:25 pm Comment from: ron

ElderNorm, "And life goes on........ ps upcoming buying oppertunity."

I see an opportunity for a spell checker. My iMac has it built in. What are you using ElderNorm?

Sep 16, 08 - 03:44 pm Comment from: Done the Math

"P.S. You might want to take a look at the rest of the NASDAQ and DOW. Can you do the math there as well?"

Since Apple's peak they're all off about 18% and Apple's off about 29%.

Since that peak, you'd be better off with an S&P;500 index fund than owning AAPL.

Sep 16, 08 - 03:53 pm Comment from: Irrational Exuberance

"hopefully some of the Lehman and AIG shareholders will transfer to AAPL"

They're going to take the $0.02/share they can get for their Lehman Brothers shares today and drop that all into AAPL. Between them all they can afford about a tenth of one percent of AAPL. The run up in AAPL is going to be amazing.

Sep 16, 08 - 07:05 pm Comment from: Scott in Japan

@ZT.... you`re a hoot.

Sep 17, 08 - 03:17 am Comment from: Michael Olivero

Sometimes we need good news & facts to cheer up those who are in doubt.

These are just some positive pointers:
- 8% US Market share (up from 6% when iPhone Edge came out)
- #1 Music retailer (up from #3 in one year)
- #1 Market Share in Portable Music Devices
- iPhone; not sure, but definitely #1 in a few categories
- Apple brand world wide, ranked 7 -- and only one to shoot up triple digits (123%)
- Record laptop & desktop sales quarter over quarter

Some sources:
http://macdailynews.com/index.php/weblog/comments/18474/
http://www.macworld.com/article/133145/2008/04/profit.html

Reader feedback page 1 of 1 pages:

Always -- Free ground shipping with orders over $50 at the Apple Store.

Add Your Feedback:

Register or Login

Name:

Email: (optional)

Emoticons | Allowed HTML Tags

Remember my info   Notify me of follow-up comments?

Please enter the "MDN Magic Word" you see in the image below: