“Barclays Capital’s Mark Lane and Piper Jaffray’s Gene Munster today cite research firm NPD’s August U.S.-only personal computer sales data, writing that Apple (AAPL) appears likely to meet estimates for the fiscal Q4 that ends this month,” Tiernan Ray reports for Barron’s.
“Both analysts cite the introduction of the OS X Lion operating system, and new MacBook Air models, in July as propelling sales despite a difficult comparison of 29% growth in the year-earlier month of August,” Ray reports. “Apple’s sales were almost three times the 7% overall PC market unit growth.”
Ray reports, “Piper’s Munster writes that a combined 22% unit increase in July and August will probably cool off a tad this month, but that Apple is still on track to will turn in 4.4 million to 4.6 million Mac units, in line with the 4.5 million Street consensus. Both analysts reiterate Overweight ratings on the shares.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]