AAPL Q2 Results are here
Not surprisingly the professionals missed the real highlights of AAPL’s Q2 – while everyone was expecting a strong Q on ipod and iphone sales, the surprising momentum of RIM a few weeks back, specifically in the consumer space made this event a certainty. I speculate that iphones, blackberrys, and netbooks are likely providing a short term ‘fix’ for consumer’s suffering from ‘consumption withdrawal’ during a period where most big ticket desires have been deferred until we start to see hints of a recovery. The surprisingly good news here is that AAPL appears to be strongly growing its global PC market share. Mac sales were down a mere 3% for the Q vs Gartner’s industry 6.5% Q2 decline. Gartner also indicates the quarter was dominated by cheap netbooks (above) a segment that AAPL does not even participate within – The mid to highend consumer markets AAPL does participate in are likely down 9-15% for the Q.
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Tags: AAPL, Apple, Blackberry, RIM
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