“Analyst Mark Moskowitz with J.P. Morgan said in a note to investors on Monday that checks with Apple’s supply chain indicate that the MacBook Air has continued to be a strong performer for Apple,” Neil Hughes reports for AppleInsider.
“Moskowitz noted that 420,000 MacBook Air units were shipped in the fourth quarter of calendar 2010, which represented growth of 333 percent year over year, and 326.8 percent quarter over quarter,” Hughes reports. “The level was also three times greater than the product’s previous quarterly high… In February, sources in Apple’s supply chain indicated the company was doubling orders for the new MacBook Air to meet demand.”
Hughes reports, “Moskowitz said that last quarter the diminutive notebook generated revenues of $559.3 million, an increase of 256.2 percent year over year and 284.2 percent quarter over quarter. ‘Assuming that Apple can sustain or increase the recent quarterly run rate of 420,000 units and pricing stays stable, annual MacBook Air revenues could track to $2.2 billion or better,’ he said.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Lynn W.” for the heads up.]