updated 08:00 am EDT, Fri October 1, 2004
\"Apple is looking juicier\"
Apple's with the introduction of the iMac G5, the success of the iPod, surging laptop sales, its successful retail initiative, and delays in Microsoft's delivery of Longhorn, according to BusinessWeek: "A $1,300 Cadillac in a world dominated by $700 Chevys, the iMac G5 appeals to just 5% of PC buyers, says NPD Group Inc. But the new iMac, along with Apple's popular notebook computers, could help the company find modest market share gains that could have an outsize impact on sales and earnings. If Apple can boost its global market share in PCs by just a half-percentage point, to 2.5% by 2006, says Piper Jaffray analyst Gene Munster, it could boost revenues over current estimates by 24%, to $12 billion, and earnings by 23%, to $491 million."