Apple's recent MacBook Pro refresh and the newly launched iPad 3G are both strong sellers, industry and supply chain sources have told one Wall Street analyst, who believes Apple could see another quarter with more than 20 percent year-over-year growth in Mac sales.
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.
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.
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.
As Apple prepares to report its earnings today at 5 p.m. Eastern time, most Wall Street analysts expect the company to report its best quarter ever, with the potential for record holiday iPhone and Mac sales.
A strong holiday quarter, higher than expected Mac sales, and hype leading up to Apple's expected tablet unveiling next week are all expected to drive the company's stock to new heights, one Wall Street analyst said Monday.
Apple took advantage of a rebounding PC market this past holiday shopping season, with the Mac maker's U.S. sales rising 31 percent year-over-year to 1.5 million units. That was good enough to keep its share of the domestic pie above 7 percent, despite an influx of budget netbook PCs that flooded the market.