Analyst: Apple to continue to expand beyond ‘Mac core’
Posted by Dennis Sellers 
Dec 21, 2005 at 12:04pm
Goldman Sachs research analyst David C. Bailey has maintained an “in-line” rating on Apple, but raised earnings estimates for the company, expecting holiday iPod demand and anticipation of upcoming product announcements to continue to drive earnings growth into 2006, reports Forbes. He also expects Apple to gradually move away from its “Mac core.”
“2006 will undoubtedly mark another major year in Apple’s transformation, but its new markets bring together tougher competition,” the analyst in a recent research note to clients. “If early indications from suppliers prove correct, Apple is likely to move further from its Mac core in 2006, leveraging its brand and building on the consumer success of iPod.”
He feels that Apple may announce new products over the next few months that could shift its center of gravity further into the consumer electronics realm, notes Forbes. Bailey feels Apple could announce its first real move into the digital entertainment hub market as early as next month’s Macworld Conference & Expo in San Francisco, in the form of an updated Mac mini that includes a remote control and Front Row software.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
