apple news/media reports
04/04/2007, 5:50pm, EDT
Wednesday, April 4th
Best Buy expansion backs solid Mac demand
News that Best Buy would expand its pilot program to carry Macs in 200 of its retail stores across the U.S. backs recent checks on Mac demand by research firm UBS. "Our checks suggest that Mac sales held up well in fiscal 2Q and could be poised for acceleration into the launch of Leopard this Spring (also Adobe's launch of its Creative Suite 3 should help)," wrote UBS analyst Ben Reitzes. "We note that Apple also launched a new Mac Pro today that features eight processor cores via two Intel Xeon quad-core 'Clovertown' microprocessors." Reitzes estimates year-over-year Mac unit growth of 34 percent, down 7 percent quarter-over-quarter to 1.5 million units in the second quarter of 2007. UBS maintained its 'buy 2' rating on Apple shares with a price target of $124.
Unit growth will likely show growth of 27 percent to 6.7 million units in fiscal year 2007, while unit growth in fiscal year 2008 is estimated at 25 percent to 8.4 million units.
"We are also optimistic about additional new Mac products and Apple's potential to expand relationships with Best Buy & Circuit City even further," the analyst added.
Filed under: Apple
, 
, 5
, 
, 
, 
, 
, 
Top
subscribe to comments
for this article
They said they had just 'cleaned up'....they had screws before, but they cleverly threw them all away in an effort to keep things clean...
anyway, so they were unable to simply take some screws out of one of their hard drive boxes (thereby transfering my problem to themselves)....but they did finally locate some screws....they were the wrong kind that would have completely ruined my system (they were like wood screws or something)....I didn't try to use them.
Thankfully the Macs BB sells will likely need less maintenance than the crappy Windows boxes they sell.
If BB wants Geek Squad to start supporting Macs, Apple better make their people get some kind of Apple certification first, otherwise they'll do a lot of harm to the brand if they start screwing up people's Macs (you know the Geeks will blame as much as possible on the Mac being different, or some such nonsense).