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Best Buy expansion backs solid Mac demand

updated 05:50 pm EDT, Wed April 4, 2007

Best Buy, 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.




by MacNN Staff

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  1. danviento

    Joined: Dec 1969

    0

    My question

    is whether or not the Geek Squad will be qualified to support the machines. In my past experience, when dealing with machines under warranty they just ship them off to the manufacturer. It would be nice to see some Mac-trained employees there to contrast the skinny black ties and too-short slacks.

  1. Guest

    Joined: Dec 1969

    0

    Geek Squad bozos

    I had a Geek Squad guy tell me it was impossible to boot any machine from an external FireWire disc. He also said there was no such thing as a FireWire jump drive. I told him to Google Kanguru. I also had one tell me that POST (Power On Self Test) were run at shutdown "Thats why they call them POST tests" It will be funny to watch some of these bozos make fools of themselves.

  1. LouZer

    Joined: Dec 1969

    0

    Re: my question

    They'll send them off to apple, no question. The Apple stores generally send everything off to apple, why would best buy be different.

  1. Jonathan-Tanya

    Joined: Dec 1969

    0

    geek squad

    Geek squad was unable to locate screws when I need to install a hard drive.

    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.

  1. phillymjs

    Joined: Dec 1969

    0

    re: my question

    Are you kidding? Geek Squad people aren't qualified to support the machines they currently support, never mind them taking on Macs!

    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 s******* up people's Macs (you know the Geeks will blame as much as possible on the Mac being different, or some such nonsense).

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