World of Apple
This is a static archive of World of Apple, published by Alex Brooks between 2005 and 2015. Nothing here is live or updated since original publication.

Analyst Sees 2010 Dominated by Mac

Piper Jaffray's Gene Munster has this week raised his Mac sales estimate for Q1 2010 which ended December 31st, 2009 and will be reported on by Apple this coming Monday and simultaneously dubbed 2010 year of the Mac.

Munster now estimates that during Q1 2010 that Apple has sold 3.1 million Macs causing him to also rise his price target for AAPL to $279. Munster also writes that the "hype surrounding the expected tablet will be focus of Apple long-term strategy, we believe we will see meaningful near-term upside from the Mac business."

During the last quarter of 2009 Apple sold 3.05 million Macs, but of course the first quarter of the year includes the lucrative Christmas shopping season.