Apple, Inc. (NASDAQ: AAPL) is a juggernaut that just won't stop being successful. Although sales of its iPod digital music players have waned a bit in recent memory, the company is selling boatloads of its newer iPhone 3G, which are also iPods in case you have forgotten. But one area that just won't get as much mainstream press is the incredible success Apple is having getting more customers to buy its computers.Apple moved into the third spot in the U.S. in PC sales recently -- overtaking Taiwan's Acer -- and now is the world's sixth-largest seller of computers in addition to the third place ranking in the U.S. For Apple to make these kinds of strides among the commodity companies that all pretty much sell the same product with Microsoft Corp.'s (NASDAQ: MSFT) Windows Vista operating system is quite the achievement. And remember, on all those new Apple machines comes Microsoft's main consumer nemesis -- the Apple Mac operating system (also enjoying leaps in market share).
If Apple CEO Steve Jobs planned on the iPod and iPhone causing so much market stir that it would actually lead to more Mac PC sales, he was right. Apple has never had the market share it has now and it's done nothing but grow for over a year now. IDC analyst Loren Loverde told CNET, "They've got great products and they are executing well ... they are benefiting from the excitement and press over their other products." That quote describes the halo effect Apple continues to have right now which is benefiting more areas of its business than just the iPod/iPhone universe. Jobs:1, Microsoft:0. For now, at least.
The Money Man Behind Rick Santorum: Who Is Foster S. Friess?
5 Signs You're Getting Robbed at the Hospital


Reader Comments (Page 1 of 1)
7-18-2008 @ 3:38PM
Stock Investor said...
Great news for Apple. I think the Apple story will continue. Apple has become an iconic brand. It is especially popular (over Windows based PCs) among the younger generation who will form the major chunk of PC buying consumers going forward. Add to that the sales of iPod and the iPhone (which hasn't even been released worldwide yet) and I think we have a winner.
Stock Investor
http://stockhaven.blogspot.com
7-18-2008 @ 4:25PM
Constable Odo said...
With all that good news about growth in market share, local and international iPhone sales and demand, more usage of OSX and what not, Apple stock price is definitely going........
.
.
.
....DOWN when earnings are announced. Apple will join RIM and Google in the quest of how low can you go when investors are scared and disappointed. Apple's stock will bounce back up to $175 in a week or two, so no need to be overly concerned.
7-18-2008 @ 7:07PM
caprt99 said...
It's the operating system. People are just sick of the buggy Microsoft software. Using their stuff is a huge time suck on people who have little.