U.S. Mac Sales Surge in January as iMac Orders Pick up Steam
Piper Jaffray analyst Gene Munster today issued a new research report sharing data from research firm NPD covering Apple's U.S. Mac sales for the month of January. According to NPD's data, Mac sales were up a strong 31% year-over-year for the month.
Munster attributes the strong performance to Apple finally being able to roll out orders of the new iMac, even as the company remains significantly constrained with multi-week waits for new orders through its online stores. Apple announced the new iMac in late October of last year, but did not begin taking orders until the end of the November with the larger 27-inch models not arriving until several weeks later.
We have analyzed domestic NPD retail data for the month of January which suggests Mac sales were up 31% y/y through the first month of the March quarter. We believe the reason for the significant improvement in the sales data is primarily due to Apple catching up with iMac supply, which the company noted to be constrained in the December quarter. CEO Tim Cook noted that iMac sales were down 700k units y/y in December (we note iMac sales are likely far less impacted by iPad, thus the vast majority of the y/ y unit decline is likely supply).
It remains to be seen if the strong sales will hold up for the remainder of the quarter, and thus Piper Jaffray is maintaining its estimate of a 5% year-over-year decline for the full quarter when global sales are considered.
NPD's data also reveals a bit of a surprise for the iPod, showing U.S. unit sales up 3% year-over-year and revenue up 2%. Piper Jaffray has been modeling for a 17% decline in total iPod sales for the quarter as the device continues to lose favor with consumers shifting music consumption to smartphones. But even a strong showing for the iPod is unlikely to have a significant impact on Apple's bottom line, as the line represented just 4% of Apple's sales in the holiday quarter, typically the strongest one for iPod sales.
Popular Stories
Game emulator apps have come and gone since Apple announced App Store support for them on April 5, but now popular game emulator Delta from developer Riley Testut is available for download. Testut is known as the developer behind GBA4iOS, an open-source emulator that was available for a brief time more than a decade ago. GBA4iOS led to Delta, an emulator that has been available outside of...
Last September, Apple's iPhone 15 Pro models debuted with a new customizable Action button, offering faster access to a handful of functions, as well as the ability to assign Shortcuts. Apple is poised to include the feature on all upcoming iPhone 16 models, so we asked iPhone 15 Pro users what their experience has been with the additional button so far. The Action button replaces the switch ...
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, GameCube, Wii,...
A decade ago, developer Riley Testut released the GBA4iOS emulator for iOS, and since it was against the rules at the time, Apple put a stop to downloads. Emulators have been a violation of the App Store rules for years, but that changed on April 5 when Apple suddenly reversed course and said that it was allowing retro game emulators on the App Store. Subscribe to the MacRumors YouTube channel ...
The first approved Nintendo Entertainment System (NES) emulator for the iPhone and iPad was made available on the App Store today following Apple's rule change. The emulator is called Bimmy, and it was developed by Tom Salvo. On the App Store, Bimmy is described as a tool for testing and playing public domain/"homebrew" games created for the NES, but the app allows you to load ROMs for any...
Top Rated Comments
All the negative Apple stories on Yahoo are simply plant stories by Wallstreet sharks to drive AAPL down to a point where they can once again buy "cheap". Then they jump back in and the "pump and dump" cycle starts all over again.
Betting on stocks going down should be illegal. Allowing "puts" simply results in pump and dump cycles for short term profits that completely warp stock values simply for short term gain. AAPL over the last half year is the poster boy for this activity.
HP’s New Low-Priced Tablet Puts Even More Pressure On Apple (http://finance.yahoo.com/blogs/daily-ticker/hp-low-priced-tablet-puts-even-more-pressure-154015787.html?desktop_view_default=true)
Why aren't they asking how HP's slate will impact Google Nexus or Amazon Kindle? Because throwing Apple in the headline guarantees someone will click on the article.
I'm not surprised. Demand is high for the new iMacs. A lot of people on MacRumors want to complain that Apple isn't meeting their current 'buying criteria' of more power but the truth of the matter is Apple Inc. is filled with smart minds that know society changes, and so does 'buying criteria.'
Not only are iMac's more powerful, but they are thinner, lighter, simpler and more essential—which is what society wants in a desktop machine going forward. Our buying criteria is more influenced by laptops and tablets than anything else.
I talk about buying criteria in my latest podcast. :) :apple: if you want to learn about it and how businesses use it as an innovation strategy.
That does not mean nobody needs a DVD drive - but those few have the option to get an external one ... no need to put a drive that most people don't need into a machine.
But some people will keep complaining, no matter if they have a real use case ... same happened back than when the floppy drive got removed and people thought 'how can they sell a machine without the really important floppy drive' ...
consumers want skinnier computers with a hump (bootie) in the back :cool: