Feeds

2010 will be 'boom time for Apple'

Xmas sales rather higher than expected

Secure remote control for conventional and virtual desktops

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
4K-ing excellent TV is on its way ... in its own sweet time, natch
For decades Hollywood actually binned its 4K files. Doh!
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
Apple's big bang: iPhone 6, ANOTHER iPhone 6 Plus and WATCH OUT
Let's >sigh< see what Cupertino has been up to for the past year
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Get your Indian Landfill Android One handsets - they're only SIXTY QUID
Cheap and deafening mobes for the subcontinental masses
Apple's SNEAKY plan: COPY ANDROID. Hello iPhone 6, Watch
Sizes, prices and all – but not for the wrist-o-puter
A SCORCHIO fatboy SSD: Samsung SSD850 PRO 3D V-NAND
4Gb/s speeds on a consumer drive, anyone?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.