A survey of iPad buyers found that 44 percent would purchase the touchscreen device instead of a notebook, and 41 percent would not buy an iPod touch as a result of their tablet.

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Apple's 8.75 million iPhones sold in the March quarter combined with a better-than-expected launch of the iPad has led analysts to increase their already bullish views on the company's stock.

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Apple blew out Wall Street expectations yet again Tuesday when it announced sales of 8.75 million iPhones and 2.94 million Macs last quarter, pushing the company to a 90 percent increase in profit. Following the news, Apple executives conducted a financial conference call with analysts and the press, and notes of interest follow.

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New data from the NPD Group implies Apple could announce sales of 2.9 million Macs and 10 million iPods when it reveals its earnings for the second quarter of fiscal 2010 Tuesday afternoon.

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Apple's astounding gains on Wall Street are expected to continue, with a second consecutive quarter of more than 30 percent year-over-year Mac sales growth predicted to help push the company's stock to $305.

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Apple recently repositioned several of its board members to bring the company back into compliance with its own governance guidelines after the sudden death last month of long-time director Jerome York left a void in its leadership.

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Research investment firm Oppenheimer on Friday raised its price target and estimates for Apple through the end of the fiscal year to reflect improving momentum across all the company's product lines and expectations of strong March quarter results.

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Less than a week ahead of Apple's quarterly earnings report, two analysts increased their price target for the company's stock -- one to $299 and the other to $300.

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Members of Apple's top brass sold a million shares of company stock Thursday, totaling $200 million in value and helping to send the stock price down $4.57.

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With Apple's retail presence delivering growth in Mac and iPhone marketshare elsewhere in the world, the company's plans to build 25 new stores in China is expected to have a significant impact on sales.

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After roughly two years of declines, growth in worldwide market for desktop PC sales is poised to rebound into the black during the 2010 calendar year, thanks largely to Apple's latest iMac offerings, according to a published report.

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New retail sales data shows Apple has continued to have strong Mac and iPod sales at the start of 2010, with February's numbers showing significant year-over-year growth.

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A slow start to Mac sales in early 2009 will work to Apple's advantage, potentially making strong 2010 sales seem even more impressive with numbers reflecting huge year-over-year growth, according to a new analysis.

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Availability of Apple's forthcoming iPad may be limited when it launches later this month, due to an "unspecified production problem" that could restrict the number of shipped units to just 300,000.

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Apple's next update to the blockbuster iPhone handset is expected by one prominent analyst to have a lower total cost of ownership, and to also include new gesture-based functionality.

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Apple co-founder Steve Jobs told investors at Thursday's shareholder meeting that his company's massive war chest of $40 billion gives it security and flexibility, but while a stock buy-back won't drive up AAPL shares, making big and bold moves will.

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At Apple's annual shareholders meeting at its campus in Cupertino, Calif., Thursday, the company revealed it intends to open 25 stores in the nation of China.

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Though Apple carries just 5 percent of the total worldwide home PC market, the Mac commanded 10.5 percent of the market's dollar share during the holiday buying season.

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The latest NPD sales data shows Mac sales increased 36 percent year-over-year in the month of January, which could mean a strong 2.8 million sales for Apple in the first quarter of calendar 2010.

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Stronger-than-expected Mac and iPhone sales in the last two quarters and the impending launch of the iPad have led Needham & Company to raise its price target on Apple stock to $280.

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