Apple Rebounding - It Is For Real!

I just read that just about 10 years ago, Micheal Dell had suggested that Apple should close up shop because of puny sales. How times have changed. Now it is Dell who is losing market share while Apple is robust and healthy. In their 4th quester report for 2007, Apple reports booming sales of their computers, iPhones and iPods. The company reports:

Apple shipped 2,164,000 Macintosh® computers, representing 34 percent growth over the year-ago quarter and exceeding the previous quarterly record for Mac® shipments by 400,000. The Company sold 10,200,000 iPods during the quarter, representing 17 percent growth over the year-ago quarter. Quarterly iPhone™ sales were 1,119,000, bringing cumulative fiscal 2007 sales to 1,389,000.

“We are very pleased to have generated over $24 billion in revenue and $3.5 billion in net income in fiscal 2007,” said Steve Jobs, Apple’s CEO. “We’re looking forward to a strong December quarter as we enter the holiday season with Apple’s best products ever.”

Retail sales of Mac computer report that 50% of new Apple computer sales were to people who never have owned one before. Which makes one wonder is this a backlash to Vista or are people looking for something more than what a PC offers? Whatever the case, I would suspect that Apple sales will remain strong throughout the holiday season, which has always been great for Apple during previous years.

Maybe those Apple vs PC commercials did help.

Comments welcome.

Complete press release here.

[tags]apple, sales, soar, iphone, ipod, mac, [/tags]