Analyst: demand for Apple products above Wall Street’s consensus
Posted by Dennis Sellers
Apr 15, 2009 at 5:27am
Piper Jaffray analyst Gene Munster said in a note to clients today that demand for Apple’s products seems to be above Wall Street’s consensus, reports Silicon Valley Insider. In fact, he says Apple is selling 28 Macs, 22 iPhones and 50 iPods per store per day.
Munster says he and his team spent 25 hours in Apple retail stores (seven flagship locations and 18 averaged-sized stores) last week counting sales. Based on their observations, he predicts Mac units to be “in-line or slightly above” his estimate of 2.2 million, versus the Street at 2.1 million. That would suggest a good March, after a weak January and February. “The solid Mac number is likely due to the newly released Mac desktops [announced on March 3],” Munster says.
Munster thinks iPhone shipments will be between 4.4 million to 3.7 million, better than the 3.3 million Street consensus. Thee analyst thinks Apple will ship about 10 million iPods with sales led by the new iPod shuffle.
Apple reports its March quarterly results next Wednesday.

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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 10,000 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.






