Notebookcheck
22.10.2009 08:10

Apple Notebook sales not affected by the aftereffects of the Great Recession

Category: other notebook news
By: Ivan Zhekov

Good news and promising figures for Apple

Apple is not to be counted among those suffering after the Great Recession. The well known company Monday announced remarkable sales, which in fact provoked Apple’s stock to rise to near a record high.
Toni Ursillo, who is an analyst with Loomis Sayles, a company that possesses a share of Apple, believes this performance was “pretty impressive” and also expects more good news to come.

"There are multiple things that could drive this stock further upward,"  Ursillo said.

The booming sales of Apple notebooks are the main reason for the inspiring news. Reportedly, $2.87 billion were generated, which was nearly 27 percent up in comparison to the fourth quarter a year ago. Notebook sales amount to 2.3 million products sold, which is in fact 35 percent more than the same fiscal period last year. Furthermore, Apple's promising results were so beneficial as a result from larger than usual sales coming from across the border.

Despite the fact, that Apple does not offer netbooks, the smaller laptops sold for less than $500, it cut prices and put additional features in their revised notebook line, introduced back in June. The company is being heavily criticized for charging more for its laptops than other notebook producers but apparently this has not affected sales much.


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Author: Notebookcheck, 2005-09-20 (Update: 2010-02-10)