“Less than a week before Apple’s Q1 2010 earnings report, Piper Jaffray’s Gene Munster raised his Mac sales estimate Tuesday to 3.1 million from 2.9 million and his price target to $279 from $277,” Philip Elmer-DeWitt reports for Fortune.
“In a research note entitled “2010 Year of the Mac,” Munster cited NPD Group data for the past three months that show Mac sales up 26% year over year,” Elmer-DeWitt reports.
“Munster is not the only analyst anticipating a bump in Mac unit sales. Merrill Lynch’s Scott Craig raised his Mac estimate Tuesday to 3.2 million from 2.9 million. Last week, Credit Suisse’s Bill Shope raised his to 3.28 million from 3.02 million, while Morgan Keegan’s Travis McCourt upped his to 3.12 million from 2.88 million,” Elmer-DeWitt reports.
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