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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: maybe, just maybe...
By LRonaldHubbs on 3/18/2009 3:46:24 PM , Rating: 2
Using anonymous user comments as supposed backing for your argument? That's pretty lame, even for you.

And by the way, it's called a job. If you work hard and get one that pays well, then you can afford to pay a bit extra for better quality. For someone who continually defends Apple's overpriced garbage, you of all people should be able to understand that (though in this case you actually get something for the cost premium). And the comment about parents buying things for you is just stupid because most gamers are adults, if you bother to check recent gaming statistics.

And what was that line of yours, something about: "who are you to judge how someone spends their money? let's see your credentials please." Hypocrite.


RE: maybe, just maybe...
By Pirks on 3/18/2009 3:58:46 PM , Rating: 2
quote:
And by the way, it's called a job. If you work hard and get one that pays well, then you can afford to pay a bit extra for better quality.
That's a good argument, and it explains why PCs are relegated to a niche status of expensive "elite" gaming machines with the ocean of cheapo consoles surrounding them these days. A few people who can afford expensive gaming PC buy it, the rest, the masses - they just buy cheapo consoles like Xbox 360.
quote:
who are you to judge how someone spends their money?
I'm not judging how someone spends their money, idiot. I'm just saying that gaming PCs have moved to the expensive "elite" niche, leaving "cheapo machine for masses" status to Xbox 360 and Wii. I DON'T CARE HOW PEOPLE SPEND THEIR MONEY. Is that clear?


RE: maybe, just maybe...
By LRonaldHubbs on 3/18/2009 4:09:27 PM , Rating: 2
quote:
Pirks: For most people it's pretty idiotic affair to pay extra grand just to get a few better looking pixels on screen. NOT. EVEN. FUNNY.

quote:
Pirks: I'm not judging how someone spends their money

You lie, as usual. Fail.

quote:
A few people who can afford expensive gaming PC buy it, the rest, the masses - they just buy cheapo consoles like Xbox 360.

Fail. This has already been addressed and you are still spewing the same BS.

quote:
I DON'T CARE HOW PEOPLE SPEND THEIR MONEY. Is that clear?

No, it isn't clear at all. You flop around more than John Kerry.


"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer














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