Analyst thinks Apple sold 2.4-2.5 million Macs during June quarter
Posted by Dennis Sellers 
Jul 7, 2008 at 11:19pm
Apple’s earnings estimate for fiscal 2009 was raised by BMO Capital to US$6.36 a share from $6.21, on the belief that Mac sales continued to be strong during the quarter ending June, reports Thomson Financial News.
Analyst Keith Bachmann said he believes 2.4 million to 2.5 million Mac units were sold during the quarter, and now sees fiscal 2009 sales growth of 26 percent vs. total PC market growth of 11.5 to 12 percent. He believes the sales strength is being driven by market share gains, primarily in the U.S. and developed international markets.
Thomson Financial News also reports that Bachmann also said he was also assuming higher average selling prices for the iPhone, up to $410 from his previous estimate of $380.
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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.
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