“For Apple (AAPL), most arguments surrounding the valuation and future growth trajectory for the company center around iPad and iPhone sales,” Money Investor writes for Seeking Alpha. “On the surface, this makes sense as these two products accounted for 72.4% of total revenue in FY2012. However, the contrarian in me feels that the potential growth for the Mac products is being overlooked by the market.”
“Apple will benefit from the lack of innovation that will accompany a smaller PC market. An entire new generation of consumers will not be brought up only using Windows based computers,” Money Investor writes. “Businesses and specifically their IT departments will adopt Mac products at a much more rapid pace as they become more mainstream.”
Money Investor writes, “The Mac growth story is one that receives little attention due to the overall state of the PC market. However, when you change that perception into how Apple can benefit from the declining PC market, you begin to see the enormous earnings power still to come from the Mac product line. While the market focuses on every headline related to the iPhone and iPad, dig a little deeper into the existing product portfolio and see the enormous potential for growth that is being overlooked.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Carl H.” for the heads up.]