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AAPL Stock: 97.67 ( + 0.64 )

Printed from http://www.macnn.com

January Mac sales leap 36 percent year-over-year

updated 04:15 pm EST, Tue February 16, 2010

iPod sales also surprising, says analyst

Apple is already having a good start to 2010, notes Piper Jaffray analyst Gene Munster. New NPD figures show that Mac retail sales rose 36 percent year-over-year for the month of January, well above a Street consensus of 18 percent for the March quarter as a whole. iPods were meanwhile up 5 percent for the month, in stark contrast to Munster's call for a drop of 17 percent.

Making his own projections for the March quarter, the analyst suggests that Apple should be able to sell between 2.6 and 2.8 million Macs. This would amount to a growth of 18 to 26 percent. iPod sales are still expected to slide by between 9 and 17 percent, which may nevertheless be somewhat better than a consensus of 17 percent.

iPod sales have been on a long-term decline, influenced by several factors. One of these is cannibalization by the iPhone; some further sales may be lost to low-end iPad models once the device launches in late March.

Apple stock has risen over $3 on Tuesday to sit at approximately $203.




by MacNN Staff

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Comments

  1. Bobfozz

    Joined: Dec 1969

    0

    The only reason MacNN publishes,,,

    the ravings of these misguided lunatics is so we can laugh at them when they are so wrong. Who is the "street consensus" for anyway? Investors? Would I want to sue these clowns/ I don't think so. Gene predicted lower sales (decline) of iPods long before it actually happened. This time they are up 5% and he said they would be down 17. That's a 22 points difference... that's pretty wrong!

  1. MonkeyMan9000

    Joined: Dec 1969

    -1

    Microsoft should be worried

    See if I am wrong. This will require just a calculator.

    Apple sales is growing around 30-35% each year for the last 4-5 years. Apple has now a 10% market share. Take your calculator and see how much 10% will be in 7 years. The answer is 62.74% of market share. Remember this is a geometric growth and WIndows is in serious threat and this is not a drill.

  1. Athens

    Joined: Dec 1969

    +3

    Math is flawed

    This percentage growth is sales growth against its self, 30-35% against apples own sales. Apple has grown by 2% in last few years which means at this rate it will be closer to 20% market share in 10 years.

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