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  (Source: Reuters)

Apple's sales plunge: January '08 thru February '09
Apple is stuck in recession purgatory

It’s been a fast paced start to the year for Apple.  The electronics superpower has rolled out a new laptop, new desktops, and even a new iPod Shuffle -- priced for the recession at $79.  However, what would normally make for another record setting start of the year for Apple is fast turning south as fears of the recession has sent customers fleeing from Apple's pricey luxury lineup.

After seeing its sales growth surpassed by PCs for the first time in months in January, the latest figures show that February was far worse for Apple.  The NPD Group has released its sales figures for the month and they are worse than even Piper Jaffray’s Gene Munster's pessimistic forecast.

Both iPod and Mac sales were down 16 percent year-to-year.  The worst predicted by analysts was around a 4 percent drop.  Analysts were somewhat predicting the drop as last February was a particularly good month for Apple, and Apple only released its new desktops and iPod in March.

Munster's new predictions place total iPod sales for the quarter ending in March at around 9 to 10 million units.  He predicts that 2 to 2.2 million Mac computers will ship in the same period.  The Street is predicting 9.5 million iPods.  These figures are not significantly worse than last year, and represent analyst optimism that Apple's new products will lead to a strong March.

Thus, the real test for Apple will be how its sales have fared at the end of March.  While January was a letdown and February was undeniably downward trending for Apple, a strong March could salvage an otherwise rocky quarter.

One potential ace in Apple's sleeve is the announcement of the iPhone OS version 3.0 later today.  No one knows quite when Apple will release the new OS, but many are speculating wildly, including guessing at new hardware (every past x.0 release has been accompanied by new hardware).  Big news could stave off the Wall Street wolves for a little while, even if Apple's sales disappoint.



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RE: Umm
By Whaaambulance on 3/18/2009 11:45:27 AM , Rating: 2
It's called a shrinking economy. It doesn't mean that people are less interested in buying PC's. Let us take a look at the declining sales for Apple:

http://www.dailytech.com/Mac+iPod+Sales+Drop+16+Pe...

I think I have figured out what makes you tick. You defend Apple, yet you claim you don't own one. You bash PC's as well. You just like to argue for the sake of argument. You really have no ultimate point. And when someone proves you wrong (which is the majority of the time), you resort to copying what they say... pretty much 2nd grade stuff.


RE: Umm
By Pirks on 3/18/2009 1:54:10 PM , Rating: 1
quote:
It's called a shrinking economy
Yeah, this is why I was crying about decreasing sales of WinPCs. Because of the shrinking economy. Thanks Captain Obvious :)))
quote:
I think I have figured out what makes you tick
Figuring out what makes you tick is pretty easy too - being a clown and entertaining me must be your secret hobby ;-)


"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer














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