“As we approach the end of Apple’s fourth quarter and fiscal year (September 30), analysts are predicting record Mac and iPhone sales that significantly exceed previous Wall Street estimates. The current consensus is that Apple could sell 5 million iPhone 3Gs and 3 million Macs marks during the quarter,” Wolfgang Gruener reports for TG Daily.
“The company has grown from a niche player into what seems to be an unstoppable gorilla. Industry-giants like Microsoft now consider Apple as one of its key rivals, trying to figure out how to compete with Apple’s unique vertical product integration. Apple’s portfolio is probably the most leveled and balanced in the industry, while its above-$1000 target market and 30% or higher profit margins are the envy of its competitors,” Gruener reports.
“The latest market data from IDC and Gartner rank Apple as the third-largest computer vendor in the U.S., following HP and Dell. On Wall Street, Apple’s market cap is close to Google’s market cap,” Gruener reports.
“Student Monitor polled 1200 participants and found that 84% full-time four-year undergraduates in the U.S. plan to buy a notebook in the next 12 months – 43% are aiming for a Mac, nearly twice the value of Apple’s closet competition (Dell: 22%, Sony: 8%, HP: 6%, Gateway: 3%),” Gruener reports.
“The iPhone 3G is exceeding Wall Street expectations by an even larger margin than the Mac… Assuming that the iPhone browser share growth trend continues to rise, analyst Andy Hargreaves increased his previous estimate of 3.5 million units by an additional 1.5 million units. ‘iPhone’s share of Internet browsing is now four times that of Windows Mobile and nearly 40% of Linux’ share,’ Hargreaves said. ‘Over the long term, we expect iPhone’s advantages to drive strong hardware revenue growth, while providing new opportunities to monetize the user base through value-added services,'” Gruener reports.
Full article here.