“Forrester Research is reporting that Apple will sell $39 billion in Macs and iPads through 2014,” Alex Williams reports for TechCrunch.
“According to the firm’s latest report, Apple will sell $7 billion worth of Macs and $11 billion in iPads to the corporate market this year,” Williams reports. “In 2014, Apple will sell $8 billion in Macs and $13 billion in iPads.”
Williams reports, “Overall, Apple’s continued strength is forcing fundamental change in the way people work and live. The next challenge is to develop new ways for personal and work data to remain separate on the device itself – be it on an iPad or an Android smartphone.”
Read more in the full article here.
Apple may sell all that many Macs and iPads and make a huge fortune, but it really doesn’t matter because the stock is done for and shareholders are going to be totally screwed. Wall Street will continue to declare Apple dead and the stock will go nowhere. Apple might have stuck a knife through Microsoft’s heart, but Android is slicing Apple to pieces and there’s not a thing Apple can do about it if they just continue to sell hardware.
Apple needs to get into the lending business and join forces with Visa or MasterCard where there’s a steady flow of cash. Unit sales numbers are becoming a drag on Apple because Apple will only continue to overall lose market share and that seems the only thing that matters to Wall Street. Apple might as well put its cash hoard to better use because it’s doing absolutely nothing for the company as it is. I can’t believe a company can keep making so much money and yet its value is constantly falling.
I can’t even wrap my head around something like that. It’s like someone walking around with pockets full of cash but can’t get into a restaurant because he isn’t wearing a tie.
Where do you live? Nobody wears ties in the Valley, the only dress code is jeans and a tee shirt. You cannot tell the homeless from the Stev Jobs. A couple days ago I was in line at a starbucks. A young fellow in front of me, needed a shave, faded jeans, old New Balance shoes, SF Giants tee shirt. As I was getting in my car I saw him driving off in a new Bentley convertible. This story happens all the time out here.
“Unit sales numbers are becoming a drag on Apple because Apple will only continue to overall lose market share and that seems the only thing that matters to Wall Street.”
Interesting. The only metric of interest to Wall Street is market share and NOT profits?
Apple, the new normal.
Perspective, as if Jan. 4th 2013:
Microsoft = $26.80/share
Apple = $530.93/share
Yes, I can see how Apple is doomed. That is sarcasm, btw.