Stronger than expected sales of Macs have seen analysts upgrade their stance on Apple shares, with Bank of Montreal analyst Keith Bachman amongst those issuing updated investment notes to their clients.Bachman added to recent comments from other analysts such as Charles Wolf, saying that demand for the 3G iPhone was likely to continue driving sales of Mac computers. He upgraded his expectations for Mac sales, saying that as many as 2.5 million may have been shipped during the quarter ending June.
He also estimated that sales may see growth of 26 per cent over the year, far in excess of the industry average which is expected to come in at around 11.5 per cent to 12 per cent.
Source: MacWorld
Advertisement
Related Stories
- Google's Motorola buy gets the green light Feb 14th 2012 at 7:49AM
- Apple tries to ban the Samsung Galaxy Nexus Feb 13th 2012 at 5:26AM
- iPad 3 coming in March, report Feb 10th 2012 at 7:48AM
- Apple sued for use of the word iPad Feb 8th 2012 at 11:14AM
- Consumer caution returns as the Christmas holiday ends Feb 7th 2012 at 1:55PM
- Apple ordered to cease iPhone and iPad sales in Germany Feb 3rd 2012 at 3:05PM
- Apple OS X updates released Feb 2nd 2012 at 5:44AM
- Apple event changes name to Appule Feb 1st 2012 at 11:14AM
- Apple hires former CEO of Dixons Feb 1st 2012 at 10:31AM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!