Feeds

2010 will be 'boom time for Apple'

Xmas sales rather higher than expected

Internet Security Threat Report 2014

The final three months were a bumper period for Apple, a long-time company watcher has claimed.

In a note sent to investor clients yesterday, Piper Jaffray analyst Gene Munster said US Mac retail sales were 26 per cent higher in Q4 2009 than they were in Q4 2008. The retail numbers come from market watcher NPD.

That's better growth than even the usually bullish Munster was anticipating. He'd previously forecast shipments of 2.9m Macs worldwide in the period, but now reckons Apple shipped 3.1m.

He hasn't changed his prediction for the quarter's global iPhone shipments: 9.3m of them.

Apple will report its results for the quarter - the first of its 2010 fiscal year - on Monday, 25 January.

That's two days before the big media meet at which it's expected to unveil its iPad tablet, anticipation of which has already begun pushing Apple's share price up around $7 in the last few days. The price currently stands at around $215 - ten times that of chip giant Intel. Time for a four-for-one stock split, Steve?

If Munster is right, the stock will do even better. Wall Street, on average, reckons Mac sales will rise 14 per cent this year when compared to 2009. Munster believes, based on those NPD Q4 figures, that sales will actually rise 20 per cent.

"Keep in mind, before the economic slowdown began Mac units were up 30-40 per cent (year over year) on a quarterly basis," Munster noted. ®

Internet Security Threat Report 2014

More from The Register

next story
Hi-torque tank engines: EXTREME car hacking with The Register
Bentley found in a hedge gets WW2 lump insertion
What's MISSING on Amazon Fire Phone... and why it WON'T set the world alight
You fought hard and you saved and earned. But all of it's going to burn...
Trousers down for six of the best affordable Androids
Stylish Googlephones for not-so-deep pockets
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
prev story

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.