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

Continued popularity of Apple's legacy iPhone 4S added estimated 10M iPhone users last quarter

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.

Neil Hughes 12 years ago 92

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

Mac education sales have grown in US since iPad debut, weakening Apple cannibalization worries

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.

Neil Hughes 12 years ago 30

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

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

Mac sales to US businesses grow nearly 50%

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.

Neil Hughes 13 years ago 22

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