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Charlie Wolf

Latest News

As overall retail revenue declines, Apple Stores carry on original goal of growing Mac hardware sales

Though revenues from Apple Stores have actually been shrinking in recent quarters, the company's brick-and-mortar operations have continued to play a pivotal role in courting Windows switchers and driving sales of Mac hardware to new heights.

Neil Hughes 11 years ago 18

Apple's surprising sales in emerging markets like China & Latin America keep Mac growth ahead of PC market

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.

Neil Hughes 11 years ago 25

Needham raises Apple target to $97, expects Swift programming language to enhance iPhone superiority

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.

Neil Hughes 11 years ago 12
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Apple's recent stock price surge leaves prominent analysts projections in the dust

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.

Neil Hughes 12 years ago 35

Apple retail store sales decline as consumers wait for new products

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.

AppleInsider Staff 12 years ago 90

Apple's premium-priced Macs 'defy the laws of economics,' but iPhone does not, Needham says

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.

Neil Hughes 12 years ago 50

Apple's holiday Mac shipments outpaced PC growth by largest margin in 5 years

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.

Neil Hughes 12 years ago 50

Apple's average Mac selling price steady at $1300 as iPad eats away at PC sales

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.

Neil Hughes 12 years ago 23

Building a cheap iPhone would be an 'insane idea' for Apple, Needham says

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.

Neil Hughes 12 years ago 67

iPhone dominance in user engagement, developer payouts trumps unimportant market share stats - analyst

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?

Neil Hughes 12 years ago 14

Mac growth running out of steam as 'switcher' motivation diminishes - report

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.

Kevin Bostic 12 years ago 114

Citing 'increasingly hostile' competition, Needham cuts Apple Inc. price target to $595

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.

Neil Hughes 12 years ago 41

Wall Street disappointed by indications that Apple won't launch new products until fall

While Apple posted better-than-expected quarterly results and increased its quarterly dividend this week, market watchers are still concerned a lull in new product introductions is likely to continue until this fall.

Neil Hughes 13 years ago 156

Market shares collapse with 'brutal speed' in cyclical smartphone industry

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.

Neil Hughes 13 years ago 66

After 'astonishingly' poor quarter, Mac sales predicted to rebound

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.

Neil Hughes 13 years ago 119
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