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Thursday, May 24, 2007

Apple's retail notebook sales up 94 percent in April

By Katie Marsal and Kasper Jade

Published: 09:00 AM EST

Mac maker Apple Inc. saw retail sales of Mac units grow a solid 62 percent year-over-year for the month of April, which included a 94 percent spike in notebook sales thanks to solid MacBook and MacBook Pro momentum, as well as increased distribution.

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According to NPD data cited by UBS Investment Research analyst Ben Reitzes on Wednesday, U.S. PC unit growth for the month of April grew 14 percent overall, include a 19 percent rise in retail sales and a 30 percent surge in notebook sales.

"Checks for Macs have been solid, backing our 25 percent unit growth estimate for [the company's fiscal third quarter] which should also see support from recently updated MacBooks," the analyst wrote in a one-page memo to clients.

Reitzes added that iPod sales were down 3 percent for the month of April, but noted the "difficult compare" to the year-ago period in which iPod unit sales were up 33 percent.

"While below the 19 percent (9.6 million units) we are modelling for [the] fiscal third quarter, [the NPD] data doesn’t include international sales which could help support growth," he wrote. "We also believe new products later in the year should drive future improvement."

Filed under : Investor 21 Comments ] 
Story topics: Ben Reitzes   Print ] [ Story Link ] 



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