Tuesday, February 26, 2013

Mac Growth Shows Error Of Projecting Last Quarter's Numbers

Apple's results last quarter included a decline in Mac sales, and the cry was immediate: Apple's past it's prime. But today's news on Mac sales is that January's sales are 31% up from same-period sales last year. And its highest-end iMacs are still in short supply. Expect iMac sales to do even better as availability improves.

On another note (ba-da-boom), the recorded music industry grew revenue for the first time since 1999. The net growth is due in large part to 9% growth in digital revenue. Apple holds a large share of the digital music market, so the market's growth is of interest to Apple. Particularly as Apple sells in markets like India, where the for-sale music market is under pressure from IP thieves and Apple's hardware sales growth is in high gear.

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