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AAPL Stock: 102.26 ( + 1.37 )

Printed from http://www.macnn.com

Apple grows its US marketshare by 16 percent

updated 04:40 pm EDT, Fri April 15, 2005

Apple sees growth in Q1\'05

Apple saw in the first quarter of 2005 with the Mac mini and the halo effect helping driving its success, according to IDC. Meanwhile, Apple moved up into the fifth position in Gartner's U.S. rankings, between fourth-ranked IBM and sixth-ranked Toshiba, according to the CNET News.com report. Strong shipments of iMacs and PowerBooks helped Apple grow its overall U.S. shipments by 45 percent--more than any other PC maker-to 571,000 during the quarter, giving it 3.7 percent of U.S. markeshare--up almost 16 percent from the fourth quarter of 2004 and well ahead of its 2.6 percent marketshare in first quarter of 2004. IDC said that total worldwide shipments rose 10.9 percent from the same quarter a year ago to reach 46.1 million, saying that Apple shipped 1.07 million units worldwide and 450,000 in the US. IDC noted that Dell's shipments increased by about 8 percent to nearly 5 million, and HP grew almost 4 percent to about 2.7 million units.




by MacNN Staff

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Comments

  1. l008com

    Joined: Dec 1969

    0

    OMG

    OMG THAT CAN ONLY MEAN ONE THING
    APPLE IS GOING OUT OF BUSINESS
    SELL AAPL
    SELL SELL SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

  1. legacyb4

    Joined: Dec 1969

    0

    16% Growth

    and they are taking a pummeling on the exchange... what a way to reward Apple.

  1. lkrupp

    Joined: Dec 1969

    0

    Not good enough

    Let's face it. Nothing Apple ever does will be good enough for Wall Street. Apple, the company analysts love to hate.

  1. denim

    Joined: Dec 1969

    0

    Yes, please

    Sell! Make the price go down, so I can buy it again!

  1. jimothy

    Joined: Dec 1969

    0

    re: OMG

    No, no: It means two things: Apple is going out of business, and the Powerbook G5 is just around the corner.

  1. klinux

    Joined: Dec 1969

    0

    Idiots

    Stock price is influenced by hundreds of not thousands of actors. Market share is only one (and a small one at that, compared to things like revenue, ebitda, profit margin, capital expenditure, etc.).

    Only zealots and people whose mental wellness is tied to a corporation ("Apple will never be good enough for you, mother!") cannot see beyond that.

  1. gudin

    Joined: Dec 1969

    0

    re: klinux

    Yeah, but that doesn't mean these 100s of people aren't sheep.

    Because they are.

    Remember the tech bubble? ("Dogpoo.com has a .com at the end of it's name! It MUST be worth BILLIONS!!!") And the tech bubble bursting? ("OMG! That company has a website! IT'S WORTHLESS!!! THE INTERNET IS DEAD!!!!")

    Yeah, that's it. Investors are all very reasonable. About as reasonable are calling everyone an idiot who makes fun of stupid punditry saying apple is dead.

  1. vortexlift

    Joined: Dec 1969

    0

    Macro Trumps Micro

    The macro-economic forces and overly-high expectation on a more than fully priced stock is responsible for AAPL drop. Its' sell, sell sell because fear of bad economy ahead. Also, the stock was ahead of itself. AAPL was carrying a PE of 60 AFTER it dropped 10% yesterday. A 35 to 45 PE yes. A PE of 60? No. So it was due for a correction anyway. Add to that the momentum players and unrealistic investors who was hoping for the moon (6 million iPods was the "whisper" number) and AAPL is now down for the count.
    But given how great the business is and confirmation of the "Halo Effect" in recent Q, AAPL will be a great long term investment. It's always a great time to invest in a stock when there's a disconnect between reality and sentiment. In this case, on the long side.

    Support level is at low $30's with next support at high $20's.
    I'd be an aggressive buyer under $30. : )

  1. klinux

    Joined: Dec 1969

    0

    Hmmm

    Gudin, I think you and I agree at a high level but I think my intention was not intepreted correctly.

    Some people on this board think "Nothing Apple ever does will be good enough for Wall Street" and that people think that "Apple is going ouf business". I am arguing that all these basless self-persecution is something zealots do.

    I am arguing that AAPL is overpriced and that its price drop is market related (afterall, the overall market dropped like a rock today) and the emotional responses that preceded my post was thus uncalled for.

  1. Eriamjh

    Joined: Dec 1969

    0

    5 percent here we come!

    Go Apple!

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