In comments made during a conference call with analysts following the release of third-quarter 2009 financial results, Apple CFO Peter Oppenheimer noted that the company now views its iPod and iPhone business—“pocket products”—as comprising three segments: “traditional MP3 players,” “iPod touch,” and “iPhone,” and had internally forecasted year over year declines to occur in the traditional…
Wall Street firms may be missing out on the true significance of Apple’s MacBook price cuts, claims Piper Jaffray analyst Gene Munster. Prices have fallen several hundred dollars in some cases, which Munster argues should mitigate some of the predicted sales decline for the June quarter. Updated MacBooks could push the month of June’s growth up as much as 5 percent year-over-year, according to P…
Apple may be facing a second consecutive quarter of decline in Mac sales as gauged year-over-year, Piper Jaffray’s Gene Munster suggests. The analyst cites new statistics from NPD Group, which show that April shipments fell 1.8 percent versus the same period in 2008. Although not as harsh as the 5 to 10 percent initially called for by Piper, the drop could foretell substantial problems with the …