According to Gene Munster of Piper Jaffray, Apple is having a great sales figures with the Mac sales exceeding expected figures and up by 22%.
Apple’s growth rate is expected to go up by 16% for the September Quarter thanks to new MacBook Airs, Mac Minis and OS X Lion sales, NPD numbers shows that iPod sales has dropped down by 16% but it’s not as bad as expected and it’s expected to get better when the new iPod touch hits the markets.
BusinessInsider shares Munsters analysis:
â— Mac NPD Data Suggests 4.4m-4.6m Macs vs. Est. 4.5m In Sept. Qtr. (Mac ~20% Revs). We have analyzed domestic NPD retail data for the first 2 months of the Sept. quarter, which is up 22% y/y. The data benefited from new Mac products in the month of July, but the tailwind from these releases will likely fade in Sept. Net-net, we believe this early data suggests Mac sales in the range of 4.4m-4.6m, or 13%-18% y/y growth (we believe Street consensus is 4.5m Macs in the quarter and we are also at 4.5m). Note that we estimate Mac revenue will represent 20% of overall revenue in the Sept. quarter.
â— iPod NPD Data Suggests 7.2m-7.7m vs. Est. 7.0m In Sept. Qtr. (iPod ~5% Revs). Our analysis of domestic iPod unit data from NPD for the first 2 months of the Sept. quarter (-16% y/y) suggests iPod results slightly ahead of consensus. NPD leads us to an iPod approximation of 7.2m-7.7m (we believe the Street is at ~7.0m). This range implies y/y iPod unit growth of -20% to -15% y/y vs. the Street at -23% y/y.
Via | BusinessInsider
