“Analysts expect Apple Computer’s new MacBook to be a significant demand driver for the company, leading to market share gains and possible earnings upside in the near future,” Maya Roney reports for Forbes. “The new product also includes a $100 price hike, with prices starting at $1099 versus $999 for the iBook. This is a positive move that should help drive margin improvement, according to Credit Suisse analyst Robert Semple, who maintained an “outperform” rating and $90 price target on Apple shares. ‘The MacBook is among Apple’s most competitively priced products and arrives just in time to meet the US education buying season, traditionally one of iBook’s best customer segments,’ wrote Semple in a note to investors. ‘We believe the MacBook is the single most important Mac to transition to Intel, mainly due to the continued secular shift to mobile computing,’ the analyst added.”
“With 80% of its Macs now ported to Intel, Semple believes Apple is once again in position to drive PC market share gains for the foreseeable future,” Roney reports. “For the June quarter, the analyst estimates Mac shipments will increase 11.5% quarter-on-quarter to 1.24 million, which he said could prove conservative if Apple has enough supply of its MacBooks to meet customer demand.”
Full article with comments from Piper Jaffray analyst Gene Munster here.
[Thanks to MacDailyNews Reader “LinuxGuy” for the heads up.]
• Introducing the super-fast, blogging, podcasting, do-everything-out-of-the-box MacBook. Starting at just $1099
• Get the new iMac with Intel Core Duo for as low as $31 A MONTH with Free shipping!
• Get the MacBook Pro with Intel Core Duo for as low as $47 A MONTH with Free Shipping!
• Apple’s new Mac mini. Intel Core, up to 4 times faster. Starting at just $599. Free shipping.
• iPod. 15,000 songs. 25,000 photos. 150 hours of video. The new iPod. 30GB and 60GB models start at just $299. Free shipping.
• Connect iPod to your television set with the iPod AV Cable. Just $19.
• iPod Radio Remote. Listen to FM radio on your iPod and control everything with a convenient wired remote. Just $49.
Related MacDailyNews articles:
Apple MacBook dissection photos – May 17, 2006
PC World: Hands on with Apple’s new black MacBook running Mac OS X and Windows – May 17, 2006
Analyst: Apple’s new MacBook costs a bit more than iBook, but will sell strongly – May 16, 2006
Close-up Apple MacBook photos (keyboard, glossy screen, and more) – May 16, 2006
Apple debuts new 13.3-inch widescreen MacBook; replaces both iBook and 12-inch PowerBook – May 16, 2006
Analyst: Apple Macs cost less than most people think – May 16, 2006
Apple quietly boosts MacBook Pro speeds – May 16, 2006
Dude, you got a Dell? What are you, stupid? Only Apple Macs run both Mac OS X and Windows! – April 05, 2006