“Piper Jaffray’s Gene Munster this afternoon reiterates an Overweight rating on Apple (AAPL) shares, and a $640 price target, writing that data gathered by research firm NPD shows sales of Mac computers in the U.S. rising 29%, in unit terms, for October and November, combined,” Tiernan Ray reports for Barron’s. “That supports his estimate Apple may see actual Mac sales rise 13%, year-over-year, globally, for the entire December quarter.”
Ray reports, “Munster notes some of this is a rebound from the prior-year period [see: The Great iMac Drought of Christmas 2012], what’s known on Wall Street as ‘easy comps.'”
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MacDailyNews Take: With 700,000-800,000 iMacs delayed and not being sold when they should’ve been sold last Christmas quarter, it would only be shocking if Apple’s Mac sales didn’t rise YOY.
Tim Cook’s mea culpa: iMac launch should have been postponed – April 24, 2013
Obviously, Apple’s autumn iMac launch was badly botched – March 19, 2013
Apple still seeing strong Mac sales growth as iMac supply constraints ease – March 18, 2013
NPD: U.S. Mac sales up 31% YOY in January; Apple looks to be catching up to iMac demand – February 25, 2013
The curious case of Tim Cook, operations genius, and the missing iMacs – February 4, 2013
iMac ship times slip again in Europe on supply issues; U.S. retailers shipping all models – February 4, 2013
Within hours of availability, shipping times for 27-inch iMac slip to 3-4 weeks – November 30, 2012