Apple's surprising sales in emerging markets like China & Latin America keep Mac growth ahead of PC market
07/14/2014, 08:07 am
Sales growth for Apple's Mac platform has outpaced the PC market for the 31st time in the past 32 quarters, keeping the trend alive. But surprisingly, Apple's premium-priced computers were actually driven by growth in emerging markets last quarter, new data shows.
Needham raises Apple target to $97, expects Swift programming language to enhance iPhone superiority
06/24/2014, 10:06 am
Investment firm Needham on Tuesday broke its typical semi-annual schedule and updated its price target for Apple stock to $97, citing stronger than expected iPhone sales and also the surprise announcement of a new programming language called Swift.
05/14/2014, 09:05 am
Though the iPhone 4S is now more than two and a half years old, it continues to be a strong seller for Apple, with one new estimate suggesting it accounted for 25 percent of iPhones sold by the company last quarter, drawing in nearly 10 million new users to the ecosystem.
05/06/2014, 12:05 pm
Recent gains by Apple's stock have pushed its share price past some Wall Street analysts' price targets, leaving their forecasts underwater, while others could be next if the upward trend continues.
05/05/2014, 09:05 am
Sales throughout Apple's vaunted retail empire have begun to decline as the company's distribution network widens and the product line matures, according to a new report, though the outlets remain massively profitable and serve as a "magnet" for new Mac buyers.
04/01/2014, 09:04 am
Mac sales have continued to grow in the face of a recession and declining overall PC market, but Apple's iPhone could not escape shifting trends in the smartphone space, analyst Charlie Wolf of Needham said on Tuesday.
03/17/2014, 03:03 pm
The Mac's long history of success in the education market hasn't been slowed by the introduction of Apple's more affordable iPad, as Mac sales to schools and students have instead grown since the iPad first launched in 2010.
02/21/2014, 09:02 am
While some pundits speculate that Mac lineup could be on the way out in favor of the iPad, Apple's traditional notebooks and desktops outpaced the overall PC market by nearly 25 percent last quarter, representing the largest margin separating the two in five years.
02/10/2014, 03:02 pm
As PC sales continue to decline at the hands of tablets like Apple's iPad, the Mac platform is quietly growing its install base while maintaining an average selling price well above the rest of the market.
01/08/2014, 08:01 am
It would be "impossible" for Apple to successfully build a cheap iPhone without doing lasting damage to the company's highly profitable and successful smartphone brand, analyst Charlie Wolf of Needham & Company believes.
iPhone dominance in user engagement, developer payouts trumps unimportant market share stats - analyst
12/12/2013, 02:12 pm
Apple's share of the mobile phone market is growing, but it still remains below 10 percent, even as Apple and its development community rake in profits from an actively engaged user base. That led analyst Charlie Wolf on Thursday to raise the question: Does market share matter?
08/27/2013, 01:08 pm
The Mac could become a victim of Apple's own success, according to one analyst, who points to the company's superior design aesthetic, along with the popularity of the iPhone and iPad, as reasons for stagnation in Mac sales growth.
08/12/2013, 03:08 pm
Investment firm Needham & Company cut its price target for shares of Apple from $710 to $595 on Monday, citing growing competition in both of the company's key markets: phones and tablets.
03/18/2013, 11:03 am
A closer look at market shares in the highly competitive smartphone industry shows sales trends can be reversed in an instant, and companies that once dominated could quickly find themselves on the verge of collapse.
03/01/2013, 10:03 am
Mac sales outgrew the overall PC market for 26 consecutive quarters until December, but Apple is expected to see sales improve in the current quarter.
11/21/2012, 03:11 pm
Sales of Mac hardware to U.S. businesses grew by 49.4 percent year over year in the September quarter, posting continued growth while PC sales shrank.
10/26/2012, 11:10 am
Though Apple expects its margins to shrink in the holiday quarter as the company goes through an unprecedentedly large product transition, Wall Street watchers remain confident in recommending investors buy AAPL stock.
10/24/2012, 09:10 am
Though the starting price of the iPad mini is higher than many had expected, Wall Street analysts believe the storage capacity and build quality offered by Apple will be more than enough to court consumers and make the product a success.
10/01/2012, 08:10 am
With the iPhone 3GS discontinued as of the launch of the iPhone 5, one market watcher believes Apple has signaled that it does not intend to introduce a new, lower-priced iPhone model in the near future.
08/22/2012, 01:08 pm
With three record high closing days in the last week, Apple's recent stock surge, along with continued strong sales by the company, have prompted Needham & Co. to increase their 12-month price target to $750.