“Apple can only get sweeter,” Priya Ganapati reports for TheStreet.com.
“The company stunned Wall Street Wednesday with its second-quarter earnings report as profits rose nearly 87%. But that’s only the beginning, say analysts,” Ganapati reports.
Ganapati reports, “Apple is more diversified than ever, and growth in its core PC business is nearly three times the industry average.”
“And there’s more in store: Apple’s most anticipated product, iPhone, is set to launch toward the end of June; a new operating system, Leopard, in October could further drive computer sales; and the company may debut a variation on its iPod or Macintosh line in the next few months,” Ganapati reports.
Ganapati reports, “All told, Apple is set to enter the strongest three quarters in the company’s history… In what was considered a light quarter in terms of major growth drivers and product releases, Apple’s Mac computer performed better than expectations, and the iPod juggernaut continued to roll. Apple shipped 1.52 million Mac computers and 10.5 million iPods during the quarter, representing 36% growth in Macs and 24% growth in iPods vs. the year-ago quarter.
“‘There’s no question in my mind iPhone is going to be a big hit,’ says Tim Bajarin founder of strategic consulting firm, Creative Strategies. ‘It redefines what a phone looks like and how it should work,'” Ganapati reports.
[Thanks to MacDailyNews Reader “LinuxGuy and Mac Prodigal Son” for the heads up.]
Full article here.
Oh, yeah.
Agree! And First:-P
I still can’t wait for the sales results of the iPhone, and the resulting impact it will surely have on Blackberries, Windows “smart” phones (how smart can they be when they run Windows?), and Palms…
I especially like the idea of seeing Uncle Fester uhh, well, festering a bit more as he spends more of Microsoft’s cash reserves on new chairs.
I call this revenge for the 12 years of Windows hell I went through (to be fair, I could have, and often wanted to, dump Windows that whole time, but when one makes six figures a year for over a decade maintaining antiquated networks, you find a way to live with it. When I left IT, I left Windows behind too.
This just in: A strange pattern has been realized. The sales of office chairs seems to be strangely proportional to the success of Apple Inc.
Too bad the share price keeps dropping. I was hoping it would stay over 100 but is now down to 97….
You got 6 figures a year maintaining windoze crap for a decade? We currently pay our guys 5 figures still (government). You work at Microsoft or something?
That was of course directed at Man
Has anyone seen this Ballmer video?
It makes my stomach turn.
MDN should hire LinuxGuy and Mac Prodigal Son…
He seems to do all the leg work getting the stories….!
“……MDN should hire LinuxGuy and Mac Prodigal Son…
He seems to do all the leg work getting the stories….!”
Yeah ! .. Linux guy .. how DO you do it ?
@Jon
It seems like an ad from “The Honest Steve” selling used cars.
Very funny, really!
MW ‘head’ as in “That is an empty one”
You know the old saying…
He who laughs last, laughs the longest…
Oh yeah!? Wait till you see the Phune! [LOL]
MW: products
@Buster
99.92 isn’t good enough for you at Friday’s close? Man, you need help (unless you bought after hours at 104!)