Apple after the bell 6/13/06: jumping back up thanks to hints of switchers

Posted Jun 13th 2006 7:49PM by Tobias Buckell
Filed under: After the Bell, Good news, Press Releases, Products and Services, Competitive Strategy, Apple Inc (AAPL)

Apple closed today at $58.33, up a $1.33, a nice 2.33% jump. That made it one of the big movers in the NASDAQ today. Market analysts attribute this to an upgrade on Apple by Needham & Co. The idea that Mac would gain significant market share because of Mac's new ability to run Windows on their computers now thanks to the Intel chip has lots of heads turning.

Most of the new attention comes as a result of a new survey of Windows users that indicate as many as 8% would switch if Mac ran windows, which would triple Apple's market share. Apple is also getting attention with head-turning new ads.

[Disclosure: I own Apple stock at the date of this post]

Tags: apple, apple marketshare, AppleMarketshare, windows on mac, WindowsOnMac