“Investors usually get nervous when a company relies on the sales of one product. The exception is when that product is an Apple iPod,” Matt Krantz reports for USA Today. “The biggest and most obvious winner from the iPod’s success has been its creator. And the frenzy continues. This week, Piper Jaffray analyst Gene Munster sent Apple’s shares further into hyperdrive after slapping a $100 price target on the stock – nearly double his previous target. Tuesday, shares closed at $61.27. The trouble, though, is that 23% of Apple’s revenue and most of its growth comes from the iPod, which makes some worry Apple is vulnerable if demand wanes. Still, Charlie Wolf, analyst at Needham, says not to worry. Happy iPod customers will soon buy matching Apple computers. ‘Apple is not a one-trick pony,’ he says. ‘But the market is treating it like it is.'”
Full article here.
funny.. I went the other way around
One trick pony… what do these guys smoke? A quick look around http://www.apple.com and you’ll see that the iPod is one of hundreds of AMAZING products that Apple make.
The best one hardly gets a mention – OS X.
“one of hundreds”????
hundreds??? as in 700,800,900???
i would like to see that hundreds list.
Yeah, what about those of us who were happy Mac customers that bought matching Apple iPods? LOL
he said NOT a one trick pony…your the hoggin’ the bong Smithy
Rob & Other Smithy
The point is-
If you already owned a Mac, you aren’t really going to increase Apple’s market share (but you will sustain it by not switching to PC).
It’s great that you both already own Mac but hardly worth a mention.
What would you suggest the writer say abou the existing Mac users? “The folks that already own Macs already know this and are wondering what took everyone so long”
Next thing you know, there’s going to be the “I was on a Mac first” crowd complaining about all the newbies.
Sheesh.
It is 80 % iPod, sold to Wintel-PC user:
13 % of them is planning to buy a MAC…
That’s almost a double amount of Macs in the near future. Let’s hope Apple can delivre ..
“i would like to see that hundreds list.”
Well…you have to stretch in that you have to include products inside product. If you stretch and claim, for example, that Expos� is a “product” bundled in Mac OS X, you could probably get close to a hundred.
That said, I agree. I think Smithy is exaggerating a wee bit. But a quick look at hardware and software came up with about 40 non-iPod “products” (not counting bundles), so you could go with “dozens of AMAZING products.”
Oops, meant to direct that just at Rob.
Sorry other Smithyh
“Next thing you know, there’s going to be the ‘I was on a Mac first’ crowd complaining about all the newbies.”
Hey, we’ve been here for awhile. I remember using my 128K Macintosh back in 1984. You kids today don’t appreciate that.
Now get off my lawn!
:^)
I bought my Mac before my iPod – a “Classic” back in 1990! I’ve been a happy Mac owner since…
Hundreds, nothing.
If you count each bit in MacOS X as a product�and really how could any right-thinking person count otherwise�then you can see that in MacOS X alone Apple has billions of products. It’s that simple.
Been a Mac user since 1986 – ah the olde Mac Plus with Word 1.05
Steev says: “If you already owned a Mac, you aren’t really going to increase Apple’s market share (but you will sustain it by not switching to PC).”
Not really correct. Market share is usually measured by what is purchased for the quarter/year…not what people bought 10 years ago and are still using or is stuck in the closet.
So a new Mac purchase (by a pc owner or mac owner) does increase market share for that measurement period.
No one counts all the 1968 Ford mustangs being driven as part of the Ford�s market share.
The jump to Jaguar added 150 new features. So did the jump to Panther. So will the jump to Tiger. That’s hundreds of new tricks for the ‘One Trick Pony’.
well the iPod is a platform, not a product.. pffft.
this ipod story is about the victorious platform, not just one product..
check the kick-ass accessories..
not smithy:
“i would like to see that hundreds list.”
I don’t know about “hundreds” but I’ll take a stab…
10 iPods:
5 minis, 2 photos, 2 click wheels, U2
15 Macs:
4 PowerMacs, 5 PowerBooks, 3 iBooks, 3 iMacs, 2 eMacs.
9 Servers:
3 Xserve RAID, 4 Xserve G5
14 Other hardware:
eMac stand, keyboard, mouse, BT keyboard, BT mouse, BT card, 3 displays (20, 23, 30), AP card, AP base station, AP Express, iSight, and don’t forget iPod socks!
20 Software:
Mac OS X, Mac OS X Server, AppleWorks, iLife, Keynote, FCP, FCE, DVDSP, Logic, Logic E, 3 Garage Band JamPacks, Motion, Shake, Soundtrack, QT, Remote Desktop, WebObjects, .Mac…
That’s 68 by my count, and I’m sure I missed some things… that’s not “hundreds” but it’s more than a few dozen.
Steev
“Next thing you know, there’s going to be the “I was on a Mac first” crowd complaining about all the newbies.”
I for one hope that old timers won’t act like that. One thing I love about Macs is the fabulous community spirit we have, and the general helpfulness of everyone. If we lost that, we’d be losing a lot indeed.
Especially since the old guard knows what it’s like to be the downtrodden underdog being crushed by the jackbooted thugs from Redmond.
Strange – and slightly worrying – that 12 people filling out a survey (and a survey about what they MIGHT buy) can cause so many millions of dollars to change hands and the fortunes of a multinational company to shift so profoundly. Who says markets aren’t fickle?
“I for one hope that old timers won’t act like that. One thing I love about Macs is the fabulous community spirit we have, and the general helpfulness of everyone. If we lost that, we’d be losing a lot indeed.”
Really twilightmoon… one would almost think you’d never discussed politics on this board before.
Yeah well if demand for the Pod wanes I would hope Apple would have the brains to quickley pump all those winnings back into the computer side of things.
Tried the magic word and…
The form you submitted contained the following errors:
* You did not submit the word exactly as it appears in the image
trying again…
and again…
and a third time… and no I’m not dyslexic (spell?)
fourth try. Sent me back here again.
I’ve been on Apple since the Apple ][ days — so what? Anyway, let’s not forget that when the iPod came out, Apple kept insisting that that is only the beginning.
anastasia beaverhausen:
“Really twilightmoon… one would almost think you’d never discussed politics on this board before.”
If my personal political expressions have offended you, let me appologize for that now. I for one would love to see politics discussed a lot less on these boards, and I never bring the subject up.
However that’s clearly not what I was referring to, and I know you know it wasn’t. I’m talking about people being snobs about helping new Mac users with their problems, and generally being unwelcome to the influx of new users.
Less is More:
“I’ve been on Apple since the Apple ][ days — so what?”
You got me beat by a few years, my first Apple was a Mac Plus. My only point is the “old guard” should be hospitible and helpful to new members of the cult. Show them how to drink Cool Aid and stuff.
Yeah, what is with the magic word anyway MDN. What useful purpose does it serve?
Hasn�t anyone thought about the “I was on the NeXT first” people? That�s what counts today with OS X! (I was on NeXT from 1991 to 2002 and I am welcoming the switchers. Better late than never.)