The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple In Store for Strong Mac Holiday Sales

Apple In Store for Strong Mac Holiday Sales

by , 12:50 PM EST, December 6th, 2007

Apple's iPod may be the focus for many people, but RBC analyst Mike Abramsky thinks investors should keep their eyes on the Macintosh, too. The recent release of Mac OS X 10.5 and new iMacs, along with iPhone popularity is pushing many Windows users to jump ship and move to the Apple camp, according to Forbes.

Blending those factors together sets Apple up for what Mr. Abramsky called a "massive holiday" season for the Mac that could see a 47 percent year-over-year increase in sales.

Mr. Abramsky is maintaining his "Outperform" rating for Apple's stock, but is raising his target price from US$205 to $215. Apple is currently trading at $187.8199, up 2.3199 (1.25%).


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Recent Headlines - Updated May 30th

Mon,12:40 PM
Three Ways to Protect your Apple Watch (and One Way Not To)
Mon,8:00 AM
Enjoy Your Memorial Day
Sun,11:53 AM
MGG 607: The Pocket Dial Conspiracy
Fri,9:47 PM
The Pros and Cons of a Proprietary Apple Car Charger
6:59 PM
VirnetX Wants to Shut Down FaceTime, but it Won’t Happen
5:45 PM
Star Wars: Force Awakens Soundtrack LPs Will Feature Built-in Holograms—Really
5:45 PM
It Could Happen - Universally Autonomous Cars Could Fail in the Marketplace
5:36 PM
Record Your Mac’s Screen with iShowU Instant: $12
1:49 PM
TMO Daily Observations 2016-05-27: Apple’s Car Charging Plans, Eddy Cue’s Time Warner Deal
11:50 AM
iPhone SE: Is Less the New More?
10:44 AM
Support for Anti-encryption Laws Crumbles
Thu,11:02 PM
HP Envy 34c Curved Display Video Review
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!