“Just when I began to think that Apple’s stock price had begun to overcome the doldrums, they returned,” Gene Steniberg writes for The Tech Night Owl. “The bad news, still unconfirmed, kept on coming, with one analyst even claiming, without evidence, that Apple’s sales had declined during the March quarter. If that were true, it would mean that Apple’s own guidance, which tends to be conservative, would be missed by a fair amount.”
“The early signs appear to point in a different direction. The NPD Group’s recent estimate had it that Mac sales in the U.S. increased by 14% year-over-year in January and February, no doubt due to the fact that the 2012 iMac had finally begun to reach customers in decent quantities,” Steniberg writes. “Other surveys indicated that iOS market share had improved against Android. So why assume Apple is suffering from fewer sales?”
Steniberg writes, “When it comes to Apple, you might say the media is basically hard-wired to find bad news, whether that news is true, a rumor, or outright false.”
Read more in the full article here.