American Technology Research analyst Shaw Wu has reiterated his “Buy” recommendation on Apple Inc. [AAPL] shares with a 12-month target price of $185 per share.
“We find the new iMacs impressive with their thinner and sleeker aluminum and glass enclosure (similar to iPhone), new Intel Santa Rosa platform with faster Core 2 Duo processors, advanced ATI Radeon HD graphics, and lower price points. We believe the entry-level model with large 20-inch widescreen will sell particularly well,” Wu wrote in a recent note to clients.
Wu predicts that Apple will sell 1.95 million Macs in the current quarter (which would be up 10.5% sequentially and 21.1% year-over-year).
Yesterday, RBC Capital Markets analyst Mike Abramsky predicted that Apple will sell 2 million Macs in the current quarter (please see related article below).
MacDailyNews Note: Apple’s recent earnings and unit sales information:
2007:
• Q3 (ended 06/30/07): revenue $5.41 billion, net profit $818 million, 1.764 million Macs, 09.815 million iPods
• Q2 (ended 03/07/07): revenue $5.26 billion, net profit $770 million, 1.517 million Macs, 10.549 million iPods
• Q1 (ended 12/30/06): revenue $7.10 billion, net profit $1 billion, 1.606 million Macs, 21.066 million iPods
2006:
• Q4 (ended 09/30/06): revenue $4.84 billion, net profit $546 million, 1.610 million Macs, 08.729 million iPods
• Q3 (ended 07/01/06): revenue $4.37 billion, net profit $472 million, 1.327 million Macs, 08.111 million iPods
• Q2 (ended 04/01/06): revenue $4.36 billion, net profit $410 million, 1.112 million Macs, 08.526 million iPods
• Q1 (ended 12/31/05): revenue $5.75 billion, net profit $565 million, 1.254 million Macs, 14.043 million iPods
2005:
• Q4 (ended 10/11/05): revenue $3.68 billion, net profit $430 million, 1.236 million Macs, 06.451 million iPods
• Q3 (ended 07/13/05): revenue $3.52 billion, net profit $320 million, 1.182 million Macs, 06.155 million iPods
• Q2 (ended 03/26/05): revenue $3.24 billion, net profit $290 million, 1.070 million Macs, 05.311 million iPods
• Q1 (ended 12/25/04): revenue $3.49 billion, net profit $295 million, 1.046 million Macs, 04.580 million iPods
2004:
• Q4 (ended 09/25/04): revenue $2.350 billion, net profit $106 million, 836,000 Macs, 02.016 million iPods
• Q3 (ended 06/26/04): revenue $2.014 billion, net profit $61 million, 876,000 Macs, 860,000 iPods
• Q2 (ended 03/27/04): revenue $1.909 billion, net profit $14 million, 749,000 Macs, 807,000 iPods
• Q1 (ended 12/27/03): revenue $2.006 billion, net profit $63 million, 829,000 Macs, 733,000 iPods
There’s no way they will sell that many GLOSSY screens. I hate glossy screens. Have I told you that I hate glossy screens? Glossy screens cause global warming. I’m a bitter douchebag, blah, blah, blah.
/sarcasm off
I hope they sell that many.
I predict Apple will sell more iMacs than either Dell or HP…
MW: above
That is NOT a good number for Apple as it would represent a slowdown in their Mac unit growth rate. To maintain their growth Apple would need to sell at least 2.2M Macs, perhaps 2.3M Macs.
Here’s to hoping…
Um…..What he said.^^^^^^^
I expect to my my first iMac near the end of the year with Leopard installed.
looking at the MDN recent numbers, and listening to all the good press for Apple, and thinking back to school, i have to agree, 2.2 to 2.3 million would be entirely possible.
….mind you i would love to hear a breakout 2.5 to 2.6 million.
…and i would love even more to replace the family eMac with one of those new 20 inch lovelies.
MW: ‘but honey “why” do we need to get the kids school clothes? a new Mac would be much more educational!’
I agree. Glossy screens just is a stupid idea. No way people will go for glossy screens. It just doesn’t give the right color. It’s too reflective. It hurts my eyes. I can see the top of my head using a glossy screen.
I hope they’ll sell more than 2M. I wish I can be one of the 2M.
I wonder what ads Apple will use to help keep up the sales momentum. I think the Hodgman/Long ads were good at raising Apple’s profile with people, making them laugh, and making them think – putting over points Apple wanted people to ponder on (e.g. “Stuffed” on the crapware).
But I think the theme has a got a bit stale now and also while gently mocking the PC was a good move it would look too defensive to be always doing that. Here’s a bet they won’t do any more. I wonder if they’ll do something more like they did with the iPhone – lower key, taking advantage of showing off the aesthetics, and really showing what a Mac can do and what a pleasure it can be to use one.
Ah, the numbers prediction game kicks off. I speculate that Apple will sell …
… Just check’n what the chicken livers and sheep’s intestines are indicating.
Ok here we go.
My trusted sources indicate that –
2.315 million Appley Macaroons find nice new homes.
Glossy screens might break in an earthquake if the iMac fell over…
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I have to agree with the anti-glossy screen sentiment. I recently bought a matte MBP for my wife, after a side by side comparison with a glossy screen MBP at an Apple Store. But the switchers may not be like most of us who post on this site. Apple must have done the marketing studies, though I am surprised by the result.
Got the new 20″ iMac the day it arrived at my local Apple store.
The glossy screen is amazingly clear and clean and colors very vibrant. It makes my old Cinema Display seem bleak and dull.
The software update this morning solved the two issues I noticed…. WoW graphics and installing WinXP Home (for one required work app!)
GO APPPLE!!
” I wonder if they’ll do something more like they did with the iPhone – lower key, taking advantage of showing off the aesthetics, and really showing what a Mac can do and what a pleasure it can be to use one.”
i would really like to see an ad like the “here is” iPhone ad.
“here is itunes on your mac, here is document editing on your mac, here is movie creation on your mac, here is the family photos being made into a calendar on your mac. here is your new computer, a mac.”
MW: just a “thought”
Snappier
You people who are so adamant about how terrible the glossy screens are must not have one or must have way too much light in your room. It just ain’t that dramatic. Has anyone hollered about the iPhones glossy screen?
2.25 million Macs is my prediction, now that the new iMac is out.
I come to 2.013.000 Macs with a % YoY increase. Lets see who comes closer.
We hear all this griping about the Glossy screen, from people who have not seen a new iMac in person
The post from people like “7 over” who have seen/used are all positive
I know they have a special coating on the glass, does this do something about the glare??
I will wait until I can see my self before I bash
Just squint.
tough shit. i like glossy. go a buy a stinking ass pc if you are unhappy and a bitcher
HA HA HA! I was totally joking about the glossy (because of commentary from a PREVIOUS article), and it still got hi-jacked.
Three separate polls. Although none are scientific studies, customers did choose matte over glossy in each poll.
http://www.macpolls.com/?poll_id=527
http://macslash.org/pollBooth.pl?section=&qid=192&aid=-1
http://arstechnica.com/news.ars/post/20061018-8022.html
My eyes are just too old and tired for glossy screens. I spent the eighties and nineties doing everything I could to minimize glare from my old monitors. Now you yungins want to bring it back? Let me tell you something, the initial vibrancy and wow factor wears off real quick when you are actually sitting on front of the thing day after day.
Even if you manage to remove the glare from lighting sources, the reflections always remain.
Hey Old Guy…
I have this sand blaster… i could crank up the old air compressor. A little masking tape and waa-la — matte screen
…another old guy
No way Apple will get 2 million with Leopard coming in 2 months and people like me waiting, to save $220. After Leopard is released THEN we’ll see this baby fly off the shelves.
Glossy screen haters:
Wait until the aftermarket comes out with an easily applied, removable matte film for the screen and quit yer bitchin’.