toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Apple among PC stocks to watch in 2005

updated 10:05 am EST, Mon January 3, 2005

Limited upside to AAPL?

The growth in PC sales will shrink from 14.5% to 10.1%, but Apple's product diversification should help the company in 2005, but the after a 200 percent increase in 2004: "Apple, of course, is becoming less of a computer company every minute -- and is therefore less vulnerable to the ups and downs of the PC market. In its fourth quarter, for example, sales of Apple's hit iPod music player and related services such as iTunes accounted for 27% of the company's total revenue. In the December quarter, when consumer-electronics items top holiday shopping lists, the iPod will contribute 32% of the company's revenue and about 26% of gross profit." The article notes that several analysts recently downgraded the stock because the "massive run in 2004".




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Comments are closed.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented