Analysts raise Apple, iPod projections for the quarter

AppleInsiderAppleInsider
Posted:
in General Discussion edited January 2014
Following an AppleInsider report that projects Apple to surpass $3 billion in revenue this quarter on sales of nearly 4 million iPods, Merrill Lynch analyst Steven Milunovich has once again lifted his projections for the company.



Milunovich overnight raised his projections for unit sales of Apple's iPods to 3.5 million in the December quarter, up from the 2.68 million figure he provided in late October. Milunovich also lifted estimates for revenue in the quarter to $3.2 billion from $2.9 billion, projecting earnings per share at 45 cents.



"Whereas the older generation still thinks it strange to own a Mac, the younger generation may consider Apple a core brand for their digital lifestyle. That would allow the company to introduce successful new consumer products over time."



Milunovich now targets Apple's stock price at $61 a share.

Comments

  • Reply 1 of 7
    xflarexflare Posts: 199member
    ....it's all iPods though, nobody seems to be talking about Apple Computers \
  • Reply 2 of 7
    tuttletuttle Posts: 301member
    Quote:

    Originally posted by xflare

    ....it's all iPods though, nobody seems to be talking about Apple Computers \



    That would be because the story is about iPods.
  • Reply 3 of 7
    robin hoodrobin hood Posts: 513member
    Quote:

    Originally posted by Tuttle

    That would be because the story is about iPods.



    Reality fragmentation alert.
  • Reply 4 of 7
    schmidm77schmidm77 Posts: 223member
    I agree that the younger computer buyers of today could be a core market for Apple's computers as well as ipods and other "hip" products. They don't have the same prejudices against Macs that the older PC crowd has. I know because I never thought I would EVER buy a Mac after years and years of being a PC user, but then OSX matured and that was the end of it.
  • Reply 5 of 7
    robin hoodrobin hood Posts: 513member
    The beauty of the Mac for me is that it looks "hip", and it just works. No messing about with spyware, and no reinstalling the operating system every year.



    I can just sit down and do the work I want to do, without wasting time fixing things. And it does everything I want. The few games that I do play (UT 2004 currently) run fine. If I did want a gaming machine, I would build myself a PC for that.
  • Reply 6 of 7
    louzerlouzer Posts: 1,054member
    Quote:

    Originally posted by Robin Hood

    The beauty of the Mac for me is that it looks "hip", and it just works. No messing about with spyware, and no reinstalling the operating system every year.



    I can just sit down and do the work I want to do, without wasting time fixing things. And it does everything I want. The few games that I do play (UT 2004 currently) run fine. If I did want a gaming machine, I would build myself a PC for that.



    No, you just have to re-install your OS after every new 10.3.x release!



    And I don't know what you people call fun, but I spent 8 hours clearing off spyware/viruses/worms/malware/trojans from my boss's laptop. Do you actually think you could find something better to do with that time???



    BTW, MS stupidity alert. If you have a virus-infected computer where even logging in is an adventure in spyware, what would you logically think of doing? Easy! Reboot into 'Safe' mode, install and run the virus scanner. But wait! When in Safe mode, you can neither install the latest virus software, and, even if you could, you can't run it! How daft is it that you can't clean your system when your in "Safe" mode. In order to clean it, you have to boot into "unsafe" mode. Gack!
  • Reply 7 of 7
    robin hoodrobin hood Posts: 513member
    Quote:

    Originally posted by Louzer

    No, you just have to re-install your OS after every new 10.3.x release!



    I maintain our office, which currently has 7 Mac's along with a number of PC's. I have never, and I repeat never, had any problems with any of the Mac OS X updates posted (well, not yet anyway). And that's even though in some cases cheap RAM was used, third party firewire drives, and so on.



    I don't doubt that some people do have problems after updating, and that is something Apple needs to better address, but those issues are vastly less than what I see in Windows.



    As a platform, Mac OS X really does let me just sit down, do my work, and not waste time fixing stuff or wondering why things got broken again.
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