toggle

AAPL Stock: 100.57 ( + 0.04 )

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

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Pure Jongo T2 wireless speaker

Multi-room audio compatibility is a key metric for wireless sound systems these days. The entry cost into a house-spanning system can ...

Logitech Z213 multimedia speakers

Desktop computer speakers sit in a weird area of limbo: many consumers have forgone the era of desktop listening for the privacy and v ...

toggle

Most Commented