Analyst: Mac worldwide market share up to 3.2 percent
Posted by Dennis Sellers 
Oct 23, 2007 at 12:21pm
More than two million Macs were sold during Apple’s fourth fiscal quarter. This has pushed Apple’s share of the worldwide PC market ahead another 200 basis points to 3.2 percent, according to investment bank Piper Jaffray. The Mac’s global market has risen from 2.5 percent in March, aided by strong laptop sales and a big hit in the new aluminum iMac, analyst Gene Munster told clients.
“Apple shipped 2.16 million Macs in the September quarter [and] IDC estimates that 66.85 million PCs were shipped worldwide in the September quarter,” he said. “Therefore, Apple’s market share rose to 3.2 percent.”
Munster told clients that the Mac’s market share will continue to grow thanks to the “halo effect” from iPods and iPhones, the Oct. 26 release of Mac OS X 10.5 (“Leopard”), a strong direct sales channel, and a high brand awareness.
Meanwhile, analysts for investment research firm American Technology Research increased their estimates for Apple Tuesday as the company’s “perceived market value coasted past that of industry heavyweights Intel Corp. and IBM Corp.,” notes AppleInsider.
In a research note released to clients Tuesday, American Technology Research analyst Shaw Wu said shares of Apple are poised to trade even higher over the next six to twelve months. He raised his fiscal year 2008 earnings estimate to $5 per share on sales of $30.4 billion (up from $4.55 and $30 billion) and also increased his 12-month price target to $210 from $185.
Submissions are being taken for the “Macsimum Macworld San Francisco 2008 Coupon Book.” For details email Dennis at daseller@earthlink.net
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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.
