Man, talk about splitting atoms. I can see it now:
"Apple's Mac sales have slowed significantly since yesterday at 4 p.m. GMT, suggesting its back-to-school promotion is not boosting sales as much as expected."
Chowdhry said that the past 3 hours "were probably one of the slowest 3 hours for Mac sales" in the current calendar day.
Ha!
Quote:
Chowdhry, however, believes that Mac sales have been impacted by high gas prices, which he says have "made consumers more price sensitive." The analyst surveyed four university book stores, who reportedly revealed a "significant" drop in Mac sales over the last three weeks, though employees were said to be "optimistic" that sales will increase when schools reopen.
Chowdhry said that Mac sales at the University of Katmandu were particularly disappointing...
... though, a contributing factor may be that the U of K doesn't sell Macs...
Global Equities Research also spoke with an undisclosed number of parents who reportedly indicated that this year's back-to-school promotion, offering a $100 App Store gift card, is not adequate. He said most parents would rather receive $100 cash back on education pricing.
Parents might prefer that, but the kids likely would prefer the free XBOX 360 they get with a Windows machine. Not only that, but for less money, they can get external speakers and a second monitor.
Kids care less about the luxurious finishes, the durability and the resale value of Macs. Given the choice, they want to play games and blast music instead.
Parents might prefer that, but the kids likely would prefer the free XBOX 360 they get with a Windows machine. Not only that, but for less money, they can get external speakers and a second monitor.
Kids care less about the luxurious finishes, the durability and the resale value of Macs. Given the choice, they want to play games and blast music instead.
Must be why there are so many Macs and iPads being used to take notes in my classes...
Or another possibility, you hang out with stupid kids. Actually, the xbox comment makes that statement redundant.
Parents might prefer that, but the kids likely would prefer the free XBOX 360 they get with a Windows machine. Not only that, but for less money, they can get external speakers and a second monitor.
Kids care less about the luxurious finishes, the durability and the resale value of Macs. Given the choice, they want to play games and blast music instead.
Sending your child to college with an Xbox is a fool's errand. Seriously.
A new, disputed report from one Wall Street analyst claims Apple's Mac sales have slowed significantly since the fourth week in July, suggesting its back-to-school promotion is not boosting sales as much as expected.
The rumors from analyst Trip Chowdhry of Global Equities Research were revealed in a note to investors issued on Wednesday. They arrived one day after a separate research note from analyst Maynard Um with UBS Investment Research said Mac sales are strong, directly contradicting Chowdhry's conclusions.
Chowdhry said that the past weekend "was probably one of the slowest weekends for Mac sales" in the current calendar year, citing proprietary research based on "various tracking data." Last weekend, he said Mac sales were "probably down" between 35 percent and 40 percent from the weekend of July 23.
The data culled by Chowdhry stands in opposition to Um, who said his own checks within the retail channel found that demand for back-to-school PCs has been "encouraging." He said on Tuesday Apple's Mac brand "continues to be the most popular among consumers and students heading back to school."
Chowdhry, however, believes that Mac sales have been impacted by high gas prices, which he says have "made consumers more price sensitive." The analyst surveyed four university book stores, who reportedly revealed a "significant" drop in Mac sales over the last three weeks, though employees were said to be "optimistic" that sales will increase when schools reopen.
Global Equities Research also spoke with an undisclosed number of parents who reportedly indicated that this year's back-to-school promotion, offering a $100 App Store gift card, is not adequate. He said most parents would rather receive $100 cash back on education pricing.
The analyst believes Apple should extend its back-to-school promotion by 10 days to Sept. 30, 2011, and increase the amount of the App Store gift card to $125. He also suggested that Apple offer its hardware protection plan through its application stores, allowing parents to use their App Store gift card to purchase an extended warranty.
If true, Chowdhry's findings would be particularly surprising, as Mac sales have consistently outperformed the rest of the PC market for years. Though he characterized Mac sales as "weak," no comparisons were made to sales in the larger PC industry over the last few weeks.
While Chowdhry's claims go against convention, it should also be noted that Apple did report lower-than-expected Mac sales in its previous quarter. Analysts on Wall Street believed the company would sell a record 4.2 million Macs, but actual sales came in at 3.95 million.
Last month, the same analyst said he expects Apple to launch three HDTV models by March 2012. He expects Apple to enter the high-definition television set market based on details culled from a number of developer events he attended.
Last year, Chowdhry incorrectly claimed that Microsoft Chief Executive Steve Ballmer would give a presentation at Apple's annual Worldwide Developers Conference. The analyst said that Microsoft would take the stage to showcase Visual Studio 2010, but that event never happened.
I think he's blind because just the opposite is happening and others have chimed in with the same report as Mac sales have surged upward.
What an idiot! Next quarter, when Apple AGAIN reports record Mac sales, they need to ask this guy about this report.
Actually, that's not news. For years, there have been cases of people underreporting Mac sales year after year after year - and never going back and admitting their error or correcting it. For example, here's one I did in the '90s.
What an idiot. And even after this 'information' (fecal matter, really, given its source) is proven completely useless, he'll still be cited and linked to when he pulls out the next big heave.
The study found that out of more than 1,100 potential tablet purchasers, an overwhelming 94.5 percent cited the iPad as a device of interest.
To the extent, if any, there's any here here, this could be a factor.
Quote:
Originally Posted by NZK88
indicated that this year's back-to-school promotion, offering a $100 App Store gift card, is not adequate. He said most parents would rather receive $100 cash back on education pricing.
"This same analyst, however, did not bother researching the educational promotion, which saves you a minimum of $100 on a MacBook Pro, and $66 on AppleCare in addition to the meager $100 gift card."
Quote:
Originally Posted by Damn_Its_Hot
Exactly. And depending on the model you can get $200 back along with the discount on AppleCare and the $100 Mac App Store card.
I think if Apple did anything wrong here it was in not advertising the educational discount more along with the gift card, but I am not looking for any king of significant drop in sales.
Quote:
Originally Posted by Zandros
....it does that all-year round. Ostensibly, the back-to school promotions are intended to strengthen sales in what would otherwise be a less profitable quarter. If the promotion is not as valuable to the consumer compared to previous years, it could very well lead to a relatively worse quarter than last year.
Zandros has it right here - about the rest of the discounts pointed out by others being always available and this year's seasonal one being "not as valuable" parts at least - the actual sales results may be another matter with a) all of Apple's momentum on one side arrayed against b) anxiety about economies and markets and c) the iPad effect noted above). So we'll just have to see on that score. However....
....No matter how you cut it, this year's promotion is way lame-ass compared to what I got a few years back and feels almost arrogant - like "we really don't even to do anything anymore to move product, but it's a 'tradition' now, so here's a small sop - which will also just happen get your ass into our new app store where you'll probably spend more than a hundred bucks." Plus if someone uses the credit to buy, say, Final Cut, what's Apple's net cost? 30¢ worth of electricity for the download? Whoa, don't run down your bottom line, Cupertino!
I mean, as I recall, I got, a) the ed discount, b) a free iPod - AND - c) in a separate but simultaneous promotion - a nearly free fairly high-end Canon Pixma printer. I also seem to remember a third rebate, but it was a few minutes ago now.....
Comments
Man, talk about splitting atoms. I can see it now:
"Apple's Mac sales have slowed significantly since yesterday at 4 p.m. GMT, suggesting its back-to-school promotion is not boosting sales as much as expected."
Chowdhry said that the past 3 hours "were probably one of the slowest 3 hours for Mac sales" in the current calendar day.
Ha!
Chowdhry, however, believes that Mac sales have been impacted by high gas prices, which he says have "made consumers more price sensitive." The analyst surveyed four university book stores, who reportedly revealed a "significant" drop in Mac sales over the last three weeks, though employees were said to be "optimistic" that sales will increase when schools reopen.
Chowdhry said that Mac sales at the University of Katmandu were particularly disappointing...
... though, a contributing factor may be that the U of K doesn't sell Macs...
Aha! Spread FUD and watch AAPL tank! (Down $0.10 today so far...)
Global Equities Research also spoke with an undisclosed number of parents who reportedly indicated that this year's back-to-school promotion, offering a $100 App Store gift card, is not adequate. He said most parents would rather receive $100 cash back on education pricing.
Parents might prefer that, but the kids likely would prefer the free XBOX 360 they get with a Windows machine. Not only that, but for less money, they can get external speakers and a second monitor.
Kids care less about the luxurious finishes, the durability and the resale value of Macs. Given the choice, they want to play games and blast music instead.
So let's see now. Mr. Chowdhry has a short position on AAPL and he needs the stock to go down in order to make a profit. What to do? What to do?
Aha! Spread FUD and watch AAPL tank! (Down $0.10 today so far...)
ahh, yes... The old "short and spread the Scheiße" routine!
Parents might prefer that, but the kids likely would prefer the free XBOX 360 they get with a Windows machine. Not only that, but for less money, they can get external speakers and a second monitor.
Kids care less about the luxurious finishes, the durability and the resale value of Macs. Given the choice, they want to play games and blast music instead.
Must be why there are so many Macs and iPads being used to take notes in my classes...
Or another possibility, you hang out with stupid kids. Actually, the xbox comment makes that statement redundant.
Parents might prefer that, but the kids likely would prefer the free XBOX 360 they get with a Windows machine. Not only that, but for less money, they can get external speakers and a second monitor.
Kids care less about the luxurious finishes, the durability and the resale value of Macs. Given the choice, they want to play games and blast music instead.
Sending your child to college with an Xbox is a fool's errand. Seriously.
Must be why there are so many Macs and iPads being used to take notes in my classes...
Unless your classes are unusual, about 4-6% of the laptops are Macs.
Unless your classes are unusual, about 4-6% of the laptops are Macs.
Source.
A new, disputed report from one Wall Street analyst claims Apple's Mac sales have slowed significantly since the fourth week in July, suggesting its back-to-school promotion is not boosting sales as much as expected.
The rumors from analyst Trip Chowdhry of Global Equities Research were revealed in a note to investors issued on Wednesday. They arrived one day after a separate research note from analyst Maynard Um with UBS Investment Research said Mac sales are strong, directly contradicting Chowdhry's conclusions.
Chowdhry said that the past weekend "was probably one of the slowest weekends for Mac sales" in the current calendar year, citing proprietary research based on "various tracking data." Last weekend, he said Mac sales were "probably down" between 35 percent and 40 percent from the weekend of July 23.
The data culled by Chowdhry stands in opposition to Um, who said his own checks within the retail channel found that demand for back-to-school PCs has been "encouraging." He said on Tuesday Apple's Mac brand "continues to be the most popular among consumers and students heading back to school."
Chowdhry, however, believes that Mac sales have been impacted by high gas prices, which he says have "made consumers more price sensitive." The analyst surveyed four university book stores, who reportedly revealed a "significant" drop in Mac sales over the last three weeks, though employees were said to be "optimistic" that sales will increase when schools reopen.
Global Equities Research also spoke with an undisclosed number of parents who reportedly indicated that this year's back-to-school promotion, offering a $100 App Store gift card, is not adequate. He said most parents would rather receive $100 cash back on education pricing.
The analyst believes Apple should extend its back-to-school promotion by 10 days to Sept. 30, 2011, and increase the amount of the App Store gift card to $125. He also suggested that Apple offer its hardware protection plan through its application stores, allowing parents to use their App Store gift card to purchase an extended warranty.
If true, Chowdhry's findings would be particularly surprising, as Mac sales have consistently outperformed the rest of the PC market for years. Though he characterized Mac sales as "weak," no comparisons were made to sales in the larger PC industry over the last few weeks.
While Chowdhry's claims go against convention, it should also be noted that Apple did report lower-than-expected Mac sales in its previous quarter. Analysts on Wall Street believed the company would sell a record 4.2 million Macs, but actual sales came in at 3.95 million.
Last month, the same analyst said he expects Apple to launch three HDTV models by March 2012. He expects Apple to enter the high-definition television set market based on details culled from a number of developer events he attended.
Last year, Chowdhry incorrectly claimed that Microsoft Chief Executive Steve Ballmer would give a presentation at Apple's annual Worldwide Developers Conference. The analyst said that Microsoft would take the stage to showcase Visual Studio 2010, but that event never happened.
I think he's blind because just the opposite is happening and others have chimed in with the same report as Mac sales have surged upward.
What an idiot! Next quarter, when Apple AGAIN reports record Mac sales, they need to ask this guy about this report.
Actually, that's not news. For years, there have been cases of people underreporting Mac sales year after year after year - and never going back and admitting their error or correcting it. For example, here's one I did in the '90s.
http://web.archive.org/web/199904270...agosta/spa.htm
Unless your classes are unusual, about 4-6% of the laptops are Macs.
Not true. Macs have a much higher presence in higher ed than their worldwide averages.
College starts in 2 weeks.
This analyst is a moron.
Unless your classes are unusual, about 4-6% of the laptops are Macs.
About 14% of your post is a BS statistic.
this is all BS.
related news: It's iPad or nothing, survey says
The study found that out of more than 1,100 potential tablet purchasers, an overwhelming 94.5 percent cited the iPad as a device of interest.
To the extent, if any, there's any here here, this could be a factor.
indicated that this year's back-to-school promotion, offering a $100 App Store gift card, is not adequate. He said most parents would rather receive $100 cash back on education pricing.
"This same analyst, however, did not bother researching the educational promotion, which saves you a minimum of $100 on a MacBook Pro, and $66 on AppleCare in addition to the meager $100 gift card."
Exactly. And depending on the model you can get $200 back along with the discount on AppleCare and the $100 Mac App Store card.
I think if Apple did anything wrong here it was in not advertising the educational discount more along with the gift card, but I am not looking for any king of significant drop in sales.
....it does that all-year round. Ostensibly, the back-to school promotions are intended to strengthen sales in what would otherwise be a less profitable quarter. If the promotion is not as valuable to the consumer compared to previous years, it could very well lead to a relatively worse quarter than last year.
Zandros has it right here - about the rest of the discounts pointed out by others being always available and this year's seasonal one being "not as valuable" parts at least - the actual sales results may be another matter with a) all of Apple's momentum on one side arrayed against b) anxiety about economies and markets and c) the iPad effect noted above). So we'll just have to see on that score. However....
....No matter how you cut it, this year's promotion is way lame-ass compared to what I got a few years back and feels almost arrogant - like "we really don't even to do anything anymore to move product, but it's a 'tradition' now, so here's a small sop - which will also just happen get your ass into our new app store where you'll probably spend more than a hundred bucks." Plus if someone uses the credit to buy, say, Final Cut, what's Apple's net cost? 30¢ worth of electricity for the download? Whoa, don't run down your bottom line, Cupertino!
I mean, as I recall, I got, a) the ed discount, b) a free iPod - AND - c) in a separate but simultaneous promotion - a nearly free fairly high-end Canon Pixma printer. I also seem to remember a third rebate, but it was a few minutes ago now.....
About 14% of your post is a BS statistic.
Actually, his statistic is 100% bs.
Mac laptops account for over 25% of the laptops on campus... and growing.
Unfortunately I can't give a direct link to the study but I can give a link to the Op Ed on the study.
http://mac.blorge.com/2010/08/08/not...big-on-campus/
In any case this can't beva plus for Apple and needs to be fixed