MacDailyNews - Where Mac news comes first

Go to iPodDailyNews

MacDailyNews Poll

Have Apple tablet rumors delayed your planned MacBook/Pro/Air purchase?(trends)

5 Day Most Commented

Microsoft: You're not cool; you're the opposite of cool; stop making your employees dance (w/ vid) (192)
Microsoft CEO Ballmer grilled about Apple at annual shareholders meeting (66)
Why do workers have to suffer with Windows PCs at work when they have superior Macs at home? (58)
PC World: Is Psystar's judicial deathblow a win for consumers? (57)
Washington Times: Apple's new Magic Mouse really is magic (54)

Opinion Archive

October 2009
Is Psystar’s real mission to publicize that running Apple’s Mac OS X on generic PCs is possible?
March 2009
Dell launches overdone, overpriced, overweight, OS-limited Apple MacBook-wannabe ‘Adamo’ laptop
November 2008
Apple should buy Sprint

Current Headlines

Fri, Nov 20, 2009 - 09:08 PM EST — AAPL: 199.92 (-0.59, -0.29%) | NASDAQ: 2146.04 (-10.78, -0.5%)

Analysts: Apple’s Mac, iPod, and iPhone sales likely to continue their ascent

Wednesday, September 24, 2008 - 05:02 PM EST

"Apple Inc. tends to prove unstoppable even when other computer makers falter. In the most recent quarter, shipments of Macs surged 41%. That's nearly three times the 15% global growth rate for PCs in general," Arik Hesseldahl reports for BusinessWeek.

"The casualties of the soft PC sales environment are already piling up. In a presentation at a Bank of America (BAC) conference on Sept. 16, Dell Chief Financial Officer Brian Gladden bluntly complained of a 'very weak August' with sales that were "weaker than usual" and that sales hadn't snapped back in September," Hesseldahl reports.

"Will Apple be one of those casualties? Gene Munster at Piper Jaffray thinks not. In a note issued on Sept. 22, he said the latest data on retail sales from research firm NPD suggests that Apple may be holding its own despite the weaker economy," Hesseldahl reports.

"Munster raised his estimate for Apple's per-share earnings to $1.17 from $1.11 and boosted his revenue forecast to $8.37 billion from $8.07 billion, mostly because he thinks sales of Macs, iPods, and iPhones will be higher than previously expected," Hesseldahl reports.

"Shaw Wu of American Technology Research in San Francisco shares the upbeat view. 'In two of its three big franchises, Mac and iPhone, penetration is very low and starting in the higher-income demographics,' Wu wrote on Sept. 22. 'The disturbance in the macroeconomic environment is within lower-income demographics.… We believe AAPL's business will remain strong in the near- to medium term. Enough high-end consumers are still buying tech,'" Hesseldahl reports.

Full article here.

[Thanks to MacDailyNews Reader "Matti" for the heads up.]

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

Sep 24, 08 - 04:43 pm Comment from: Wandering joe

Apple is hot, APPL is not. Time to buy while it's low folks!

Sep 24, 08 - 05:16 pm Comment from: Growl

This is why Apple is going to come out of this economic crisis so far ahead of other PC makers who cater to the lowest common denominator and the corporation.

Wal-Mart shoppers, thanks to the sagging economy and crazy inflation, aren't buying PCs right now. And corporations, thanks to the credit crunch and rampant downsizing, aren't buying PCs right now.

Who is? Well-off people and college students, and they prefer macs.

Sep 24, 08 - 05:30 pm Comment from: rlp

buy aapl while its so low. Once we get off of the hardtimes loop, then aapl will sky rocket to 300+ a share

Sep 24, 08 - 06:02 pm Comment from: donmi

Walmart is doing very well as people are down paying, trickling down from Target and Costco, etc. Pc's are selling well even though they suck - ask HP not Dell. Apple has something for everyone and will not be affected by even a Nuclear Winter. There is a huge sea change to Macs going on right now. Market share is surging. People have money and they spend it in all walks of life. AAPL will sky rocket as soon as the congress approves the credit easing package.

Sep 24, 08 - 06:46 pm Comment from: Growl

Yeah, the $1 Trillion theft will fix everything. Like magic.

Sep 24, 08 - 06:47 pm Comment from: R2

"This is why Apple is going to come out of this economic crisis so far ahead of other PC makers who cater to the lowest common denominator and the corporation."

Growl, or anyone else who thinks like Growl, what do you mean when you say they appeal to the lowest common denominator?

Sep 24, 08 - 09:04 pm Comment from: @R2

People who buy and suffer Windows because they don't know the difference between a Mac and a Windows PC. People who make an uninformed choice just because they never tried anything different or because "it's what they use at work." People who buy an eMachine instead of a Mac mini because they have really, really low expectations about what a computer is and can be, and because they think if if their grandson emails them a picture from his PC, they won't be able to open it on a Mac.

These people are surely the lowest-common-denominator of computer buyers, unless you're going to argue the point that the majority of people who go to Wal-Mart and buy an eMachine are actually making a reasoned, informed decision to do so. Personally I the people who buy eMachines and other junk PCs running the junk OS called Windows are pretty damn stupid for doing so.

Sep 24, 08 - 09:41 pm Comment from: DogGone

Aapl P/E is now at 25. That's the lowest its been for years. I'm sure the analysts are planning large purchases soon.

Sep 25, 08 - 01:32 am Comment from: iDon't

Got mine. Screw everybody else. Learned that on Wall Street.

God bless Amerika and nobody else.

Sep 25, 08 - 04:36 am Comment from: almux

@IDon't
...But thewre is NOBODY else! That's what i learned in school. lol

Sep 25, 08 - 05:29 am Comment from: R

It's not at 25-- it's at 25 TRAILING earnings. It's never been this cheap.

Sep 25, 08 - 06:01 am Comment from: Mike

For those that sell- your idiots, for those that buy - smart move, for those that don't know - please read as much as you can about Apple lots of good things to come in the future.

Sep 25, 08 - 07:18 am Comment from: Cubert

Today - America.
Tomorrow - The World!

Sep 25, 08 - 07:22 am Comment from: Cubert

"For those that sell- your idiots, for those that buy - smart move, for those that don't know - please read as much as you can about Apple lots of good things to come in the future."

Come on now! You're making it too easy, Mike.

Reader feedback page 1 of 1 pages:

MacDailyNews - Where Mac news comes first

MacDailyNews Poll

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

MacNN

AppleInsider

Macworld UK

TUAW

MacRumors

Yahoo! Finance AAPL

iTunes Top 10 Albums

Mac OS X Downloads

Fri, Nov 20, 2009 - 09:08 PM EST — AAPL: 199.92 (-0.59, -0.29%) | NASDAQ: 2146.04 (-10.78, -0.5%)

Analysts: Apple’s Mac, iPod, and iPhone sales likely to continue their ascent

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

Add Your Feedback:


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:

MacDailyNews - Where Mac news comes first

MacDailyNews Poll

5 Day Most Commented

Opinion Archive

Current Headlines

Fri, Nov 20, 2009 - 09:08 PM EST — AAPL: 199.92 (-0.59, -0.29%) | NASDAQ: 2146.04 (-10.78, -0.5%)

Analysts: Apple’s Mac, iPod, and iPhone sales likely to continue their ascent

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

Add Your Feedback:

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