RBC sees strong back-to-school Mac sales, ‘sustained iPhone momentum’

“RBC Capital’s Mike Abramsky reports that there are indications of ‘increased Mac momentum’ in the back-to-school quarter. He says RBC’s ‘technology adoption panel’ of 3,665 technology users found 17% bought a Mac laptop in the last 90 days, up from 12% in the prior quarter,” Eric Savitz blogs for Barron’s.

“Abramsky expects Apple to ship 2 million Macs in the September quarter, which would be up 27% year-over-year and 16% sequentially,” Savitz reports.

“Abramsky also says that checks with Apple and AT&T stores find ‘sustained iPhone sales momentum.’ He continues to see 1.5 million shipped by the end of the fourth quarter, which is above the 1 million Apple has forecast,” Savitz reports. “Abramsky maintains a $175 price target on the stock. He says the recent 20% decline in Apple shares provides an attractive entry point for the stock.”

Full article here.

15 Comments

  1. from 12% to 17% in notebooks….

    i wonder what the total share is?

    ….very impressive!

    and that is in the last 90 days?

    i wonder how they get the survey group.

    if you take companies out of the equation, Apple might just have 25% of the computer market in the near future. the growth over the last couple of years is incredible.

  2. Well lately Apple hasn’t been making it’s users or future users very happy.

    1: iMovie ’08 – stripped down in features from previous version.

    2: iWeb – having to pay to get the upgrade to fix the previous version.

    3: Safari insecurities on Mac OS X and iPhone, plus other exploits still unfixed (Metadata exploit)

    4: Disappearing matte screens in favor of eyestrain glossy screens.

    You know, I though Microsoft was bad. But at least Microsoft is just a operating system monopoly. One can switch to Linux or even bootleg a copy of OS X on their PC.

    But Apple is both a hardware AND a software monopoly.

    Don’t like glossy screens on your laptop or iMac? Your SOL with Apple. (SOL = shittaouutaluck)

    And the way Apple has acted with iMovie ’08? Smacks of Microsoft’s “you take what we give you” attitude.

    I’m having my doubts…

  3. Ugh, your doubts. Big deal.

    Apple is no longer a niche player. Even at 5% or so of the market, notice how it’s no longer discussed in terms of its small size, but in terms of its power? This is largely due to the overall excellent job they do and their new-found appeal to a greater market than traditional mac geeks. With this push into the mainstream come some growing pains– some pretty minor slip-ups considering how far they’ve come in such a short time.

    Funny how your doubts don’t seem to take into account the enormous transition to x86 processors, the quick pace of OS X releases, or major product releases like iPod and iPhone. Do more, have a few more mistakes.

    Geez, go have your doubts. Enjoy any hand-wringing that may ensue.

  4. Thanks for bringing up the STUPID swtich to inferior Intel processors.

    Yea, I know. IBM dropped the bal in the heat department. But that only applies to laptops and some desktops.

    A Quad Cell Processor Mac Pro would fly off the shelves, a X-Server Quad Cell Processor even faster.

    Think “Big Mac II”

    Wonder why the 3G Gaming market for Mac’ is dead? Now you know.

  5. How come people don’t like the simpler version of iMovie.
    THAT was it’s purpose. To Be Simple.

    Those who like it Not As Simple can easily download the older verison. And anyways iLife isn’t to make ‘REAL’ professional products.
    It’s just Family Fun.

  6. @ Spaztic Cow Dung

    You go girl!

    Everything was great except for the parts about Microsoft being bad or Microsoft’s “you take what we give you” attitude. I don’t know what you’re talking about in either case.

    I do agree that Apple makes crap and I didn’t think it could get worse but your convincing and well thought out statements about iMovie ’08, iWeb, Safari insecurities on Mac OS X + iPhone, and crappy glossy screens really made sense to me.

    And yes, Apple is PROPRIETARY! You can’t put their OS on any old hardware. How stupid is that?

    Spaztic Cow Dung: Great stuff and keep posting!

    Your potential. Our passion.™

  7. I must be lucky because I’ve never gotten any kind of annoying ads on MDN that I can recall. But I sure get them on my local newspaper’s website. They are absolutely terrible. Makes you want to kill the advertisers.

  8. Yet another day at the MDN website:

    Bitch, bitch, bitch, grouse, grouse, grouse, whine, whine, whine.

    Apple dropped the ball on this, Apple dropped the ball on that, there’s too much of this, not enough of that.

    I’m smarter than Steve J, I’m smarter than Jonathan I, I’m smarter than [fill in the blank].

    Tedious, tedious, tedious.

    Advice time: Buy your next phone from Motorola. Buy your next laptop from Dell. Buy your next OS from Linus Torvalds. Buy your next productivity suite from Steve Ballmer.

    But, for Gawd’s sakes, leave the rest of us alone.

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