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 TMO Headlines - Updated December 1st

Thu, 12:28 PM
Facebook and Spotify CEOs Lash Out Over Apple's App Store Policies
Thu, 11:42 AM
Apple Original Films Hosts Hollywood Premiere of Will Smith's 'Emancipation'
Thu, 3:00 AM
Music and Video Wrapped and Replayed - TMO Daily Observations 2022-12-01
Wed, 5:26 PM
San Francisco Police Department Robots Can Use Deadly Force, Exempt From Asimov’s Laws of Robotics
Wed, 4:52 PM
Tim Cook and Elon Musk Stroll Around the Duck Pond at Apple HQ
Wed, 4:49 PM
Apple Releases iOS 16.1.2 with Security Fixes and Crash Detection Optimization
Wed, 3:59 PM
Spotify's 2022 Wrapped Experience is Here, Features New Personality Test and More
Wed, 2:59 PM
Apple and Others Face Lawsuits Following Fatal Hingham Crash
Wed, 1:53 PM
Lost, Not Deferred, iPhone 14 Sales, Settled Lawsuits and Then Good News
Wed, 1:26 PM
Court Grants Apple’s $50M Settlement Offer in Butterfly Keyboard Lawsuit
Wed, 12:52 PM
New 'The Greatest' Video Highlights Accessibility Features in Apple Products
Wed, 12:12 PM
Apple's Crash Detection Feature Triggers Uptick in Accidental Emergency Calls from Skiiers
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Daily Observations
  • TMO on Twitter!