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Apple this week reported 4th quarter earnings of $546 million in net profit on $4.84 billion in revenue, along with stellar sales of 1.61 million Macs and 8.729 million iPods. The sales of Apple’s Macintosh computers represented a 30% increase over the same period last year, and pushed Apple to an estimated 6.1% market share in America (Gartner).
Analysts report that the return of the Mac is now clearly evedent, and ‘Banc of America’, ‘JMP Securities’, ‘Solell’ all raised their Apple stock estimates, reiterating a “buy’ and “strong buy” rating on the company.
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