Tag - Mac sales
The enduring popularity of the iPhone 6 line -- particularly in developing and rapid-growing markets such as China -- has allowed Apple to again beat quarterly best-ever records with its most recent fiscal Q3 report. The company sold more than 47.5 million iPhones, lower than analyst predictions, but which represents 35 percent year-over-year growth. Macs sold 4.7 million units, another record for a fiscal Q3 and up seven percent year-over-year.
The latest estimates for retail sales and marketshare from industry analyst firm IDC claim that Mac sales have risen significantly, even in the face of an overall and deepening industry slump in traditional notebook and desktop PCs. For the June quarter that ended at the end of last month, IDC estimates that Mac shipments were up 16.1 percent worldwide from the year-ago quarter while the PC market generally saw an 11.8 percent contraction year-over-year. Apple was the only major computer maker to show a gain in the report.
Unexpected strength in Mac sales along with the previously-predicted strong staying power of the iPhone 6 line has helped Apple see record-breaking performance for a fiscal second quarter this year. The company sold more than 61.17 million iPhones, about 80 percent of the number sold during the holiday quarter, which is usually followed by a drop of about 40 percent. Macs sold 4.56 million units, another record for a fiscal Q2 and up 10 percent year-over-year.
In what CEO Tim Cook called the "best ever" quarter for the Mac, Apple's Mac lineup overall jumped a remarkable 25 percent in a single quarter to 5.52 million units. Making the event more noteworthy is the fact that the growth was achieved prior to any notable refreshes. Instead, what appears to be driving the increase in Mac sales is volume in emerging markets, such as China - where Macs were up 54 percent year-over-year. Price cuts and great back-to-school sales also contributed to the jump.
Although Apple still retains about 10 percent of the US PC market and remains the fourth-place manufacturer, new preliminary numbers from market analyst firms IDC and Gartner note that Apple was the only top-five PC manufacturer to post negative growth from the year-ago quarter, dropping between 1.3 and 1.7 percent (the two firms disagree on the specifics). IDC says Apple now holds an even 10 percent, while Gartner says Apple has a 10.6 percent share.
Based on data from NPD (but with a caveat), investment analysts Piper Jaffray has maintained its "overweight" rating on AAPL and reports in a note to investors that it is "comfortable" with its original estimate of a decline in Mac sales year-over-year of around five percent, though it acknowledges that NPD is estimating seven percent. Apple's fiscal year ended on September 30, and it will report the results of that quarter on October 28.
A new report from market analysts NPD Group indicates that US Mac sales for the month of April were about even with the same month last year, which some analysts see as a positive sign for Apple. However, NPD's data -- which is normally considered reasonably accurate -- only covers US sales, meaning the higher percentage of Mac sales overseas is making meaningful predictions difficult.
New figures show a sharp increase in Apple's market share in Australia over the past year, according to ZDNet Australia. Two analyst firms, Gartner and IDC, came up with different figures, but both showed a dramatic increase in Mac Sales. Garner says Apple's market share in the second quarter of 2008 was 5.3-percent -- up from 3.8-percemt in the same period of 2007. IDC says Apple's Market share hit at 6.2 percent during the first quarter.
American Technology Research analyst Shaw Wu has reversed a prior downgrade on share's of Apple Inc, changing his rating on the stock to from Neutral to Buy. Wu's downgrade came right before Apple's blowout March quarter, in which the company announced record revenues on surging Mac sales. Barrons quotes Wu: "We overestimated the potential negative reaction on the quarter and in hindsight should have moderated our near-term posture rather than downgrading. While AAPL shares will likely remain volatile and may offer a better entry point, we need to align our rating with our longer term view on fundamentals." Wu has set a $210 price target on Apple's stock. Barrons also notes that RBC Capital's Mike Abramsky has raised his target price on Apple to $220 from $200, predicting that Apple will sell 14 million iPhones this year.
Apple is due to report its December quarter results after the market closes on January 22nd, and research firm Piper Jaffray expects an upside to Wall Street expectations based primarily on Mac sales. Piper Jaffray senior analyst Gene Munster says Mac sales could reach 2.3 million -- beating out average estimates of 2.2 million -- with iPod sales of 24-26 million over Wall Street predictions of 24.7 million. Munster also says Apple may well report 2.2 million iPhone sales, just shy of average investor expectations of 2.26 million.
Now AAPL Stock: 119.81 ( -0.19 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE