- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Although sales of Apple’s (NASDAQ:AAPL) Mac line saw an “astonishing” collapse in the December-ending quarter, things are likely to look up for the computer in the current three-month period, says Needham & Co. analyst Charlie Wolf.
Wolf notes in a letter to clients on Friday that Mac shipment growth fell below overall PC shipment growth in all geographic regions and segments in the last quarter. It had outgrown the overall PC market for 26 consecutive quarters until December.
“There was absolutely not one iota of positive news in the Mac shipment numbers,” writes Wolf, according to AppleInsider. The largest share of the blame for the drop has been given to the new iMac line, which Apple started selling in December, but supply constraints for which have lasted even until this year.
However, as per the observation by the NPD Group this week, there are signs that iMac availability is improving. The research firm said U.S. Mac sales were up 31 percent year-over-year in the month of January…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.