Analyst Charlie Wolf from Needham & Company highlighted Apple's last fiscal quarter data, showing that Mac sales in the business market jumped a whopping 66 per cent.
The growth is striking when we compare the figure with the rest of the personal computer market, which reported a growth of merely 4.5 per cent in the business/enterprise market.
Commenting on the topic, Wolf said, “Mac shipments in the business market grew at a torrid 66.0% pace, an order of magnitude higher than the 4.5% shipment growth rate of the business market.”
According to estimates, Mac sales currently accounts for 3 per cent of total PC business sales, the highest figure seen by Apple since the second quarter of 1997.
Meanwhile, Shaw Wu, an analyst with Sterne Agee, raised his estimates for the Apple iPhone, iPad, and Mac shipments, saying the Cupertino-based company reduced some of the production constraints.
For the iPad, he raised estimates from 5.9 million units to 6.8 million units for the June quarter. For the iPhone, he added 1 million iPhones to push the figure to 17 million units. For the Mac, he now expects Apple to ship 3.9 million units. The figure is up from previous estimate of 3.83 million units.
The analyst also raised his twelve-month price target for the Apple’s stock from $445 to $460, and maintained his “Buy” rating.
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