In sales to business, the Mac's year-to-year growth last quarter was nearly eight times faster
Needham's Charlie Wolf found lots of good news for Apple (AAPL) in IDC's report on the state of the worldwide PC market for Q3 2010.
That's because his report to clients issued Tuesday never mentioned that the Mac's share of that market last quarter was only 4.36%.
Instead Wolf focused exclusively on the Mac's rate of growth.
Viewed that MOREPhilip Elmer-DeWitt - Nov 23, 2010 10:26 AM ET
Another big payday for Apple's senior vice president for retail
Ron Johnson, the man Steve Jobs hired from Target (TGT) to create the Apple Store -- and who famously persuaded his boss, over Jobs' initial objections, to include a Genius Bar -- has joined the string of top Apple (AAPL) executives taking advantage of the stock's recent run-up to cash in some options.
According to an SEC Form 4 filed Saturday, Johnson MOREPhilip Elmer-DeWitt - Oct 30, 2010 10:35 AM ET
Steve Jobs' latest iteration of the set-top box gets mixed-positive reviews on Wall Street
Piper Jaffray's Gene Munster:
We see the new Apple TV as a meaningful change in Apple's efforts in the digital living room. The addition of new content, such as Netflix, in combination with the $99 price (down from $229), will drive higher unit volumes compared to the the previous version of Apple TV. We MOREPhilip Elmer-DeWitt - Sep 2, 2010 12:49 PM ET
Apple scored its biggest gains in government, big business and the European home market
Given the Mac's tiny share of the worldwide PC market -- roughly 3.5% as of June -- Apple (AAPL) has a lot of room to grow. And grow it did in the second quarter, as a note to clients issued Monday by Needham's Charlie Wolf makes clear.
Using IDC's numbers for calendar Q2, Wolf takes a close look MOREPhilip Elmer-DeWitt - Aug 23, 2010 7:38 AM ET
A veteran Apple watcher raises his price target from $280 to $375 per share
A lot has changed since Needham's Charlie Wolf published his last Apple (AAPL) valuation back in February 2010, and in note to clients issued Monday he rattles off the things that have surprised him most:
Explosive iPad sales. "We forecast that iPad sales would reach 20 million in 2019, the final year in our valuation exercise. iPad sales MOREPhilip Elmer-DeWitt - Aug 9, 2010 8:27 AM ET
London's new Covent Garden store proves once again that Apple can pull in the crowds
Before we talk about numbers, you might want to check out the video at right (and on YouTube here) shot 10 minutes before Apple opened its newest and biggest store, in London's Covent Garden.
This is not London's first Apple Store. In fact, the city already had three others, including one on Regent Street that was, until MOREPhilip Elmer-DeWitt - Aug 7, 2010 9:26 AM ET
Needham & Co.'s senior analyst explains how Apple outgrew the PC market seven fold
Needham's Charlie Wolf was as surprised as anyone when Apple (AAPL) reported that it had sold a record 3.05 million Macintosh computers in its fiscal fourth quarter -- a 16.4% increase compared with just 2.3% growth in the PC market.
The estimate Wolf had filed -- 2.63 million units for the quarter -- was one of Wall Street's MOREPhilip Elmer-DeWitt - Dec 1, 2009 11:08 AM ET
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