July 22, 2007

How Do You Like These Apples

I remember the days when every tech pundit on the planet was forecasting the eminent demise of Apple Computer. I think it was last week. Or maybe last month just before the launch of the iPhone.

Here's the latest financial news out of Cupertino. Revenues for the last quarter - which do not include much of the revenue from the nearly 1 million iPhones sold - are expected to report at $5.28 billion. Up from $4.37 for the same quarter last year.

The reason? In market share Apple has moved into a virtual tie for third with Dell. Though still far behind the PC industry leaders, Apple has seen it's market share grow from 4.8 percent in the same quarter last year to 5.6 percent.

Sorry PC people. Apple doesn't appear to be going away any time soon.

Posted by: Stephen Macklin at 02:39 PM | No Comments | Add Comment







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