Apple has been on quite the winning streak lately. With the next iPhone announcement on the horizon, things are only looking up for the folks in Cupertino.
With Apple set to reveal its last quarter financial results on October 18th, predictions are that the company will see growth in Mac and iPad sales, with a slight decline in iPhone sales.
Analyst Charlie Wolf with Needham Research predicts record sales for both the Mac and iPad in Apple’s upcoming earnings report. Wolf noted 4.63 million Macs and 12 million iPads sold in the September quarter. Last year, Apple reported 4.1 million Macs and 9.25 million iPads for the same timeframe.
Despite the fact that overall PC sales are on the decline, Apple is still doing well with Mac sales. This fact is most likely due to the introduction of upgraded hardware over the summer, like the new MacBook Air.
Apple was originally unable to produce iPad 2s fast enough to meet demand, but production overseas seems to have gotten back on track.
In terms of iPhone sales, customers are obviously waiting for the iPhone 5. It’s to be expected that sales would dip leading up to a next generation model announcement. Wolf noted that Apple only sold about 17 million units last quarter, versus the record 20.34 million units sold this time last year.
Wolf also predicts that AAPL stock will soar to $540 in 2012. Wow.
(via AppleInsider)
Alex Heath is a journalist who works for Tech Insider. He’s the former co-host of The CultCast. He has been quoted by the likes of the BBC, KRON 4 News, and books like “ICONIC: A Photographic Tribute to Apple Innovation.” He lives in Lexington, Kentucky. If you want to pitch a story, share a tip, or just get in touch, additional contact information is available on his personal site. Follow him on Twitter.
10 responses to “Analyst Predicts Improved Mac Sales and Record iPad Sales for Apple’s Upcoming Earnings Call [Report]”
My best friend’s mom makes $77 an hour on the computer. she has been out of job for 9 months but last month her check was $7487 just working on the computer for a few hours. read about it and get started following the first step “Online Income Solution” , here
http://ur3.us/47
Offer Promotion Ends Tomorrow: Friday, September 30, 2011
“Wolf noted that Apple only sold about 17 million units last quarter, versus the record 20.34 million units sold this time last year” Err…Apple sold 20.3 million iPhones last quarter and 14.1 million iPhone in the September quarter last year. Please expalin your numbers.
The analyst is making a prediction for results that have not been published by Apple. The 20.3 million number is from Apple’s last earnings call, correct? Wolf is saying that 17 million will be the number for the next earnings call on October 18th.
credit for the photo?
this would make a nice wallpaper