Just three days were enough to push computer sales for the week up 40%
The sharp spike in the chart at right is the Windows 7 effect PC makers have been waiting for.
In a note to clients issued Monday afternoon, Morgan Stanley's Kathryn Huberty reports that NPD data for the week ending Oct. 24 -- which included three days of Windows 7 sales -- show PC sales jumping 40% year over year.
This was particularly encouraging, she writes, because sales in the early part of the week likely reflected the same pre-Windows 7 declines as the previous two weeks. PC buying for the weeks of Oct. 17 and Oct. 10 was down 29% and 2%, respectively, as consumers waited for Microsoft's (MSFT) new operating system to launch.
One of the biggest drivers of Apple's (AAPL) growth -- and the company's share price -- over the next two years will be the expiration of the exclusivity deals Steve Jobs cut with carriers during the iPhone's first two years.
That's the conclusion of a surprisingly bullish report issued Friday by Morgan Stanley's Kathryn Huberty, long considered a leading Apple bear.
"We expect Apple to broaden iPhone carrier distribution over the next MOREPhilip Elmer-DeWitt - Oct 2, 2009 6:12 AM ET
According to Morgan Stanley's Kathryn Huberty, Apple (AAPL) is the computer maker with the "most upside" as the PC market begins to stabilize after the dismal first quarter of 2009.
There's some good news for Hewlett Packard (HPQ) and Dell (DELL) in the report to clients Huberty issued overnight Wednesday, but it's mostly attributed to enterprise cycles and inventory restocking.
Apple, however, is a different story.Philip Elmer-DeWitt - Jul 1, 2009 8:11 AM ET
Money gets tight. Buyers get picky. Price-sensitive consumers -- the kind Steve Jobs and Apple famously "choose not to serve" -- start shopping for bargain basement PCs and Taiwanese netbooks. Mac sales plummet.
That's the conventional wisdom. Or at least that's the line Morgan Stanley's Kathryn Huberty pitched in September -- when she lowered Apple's (AAPL) rating twice in two weeks -- and reiterated last week, when she earned the distinction MOREPhilip Elmer-DeWitt - Dec 21, 2008 9:02 AM ET
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