Official coverage of the Apple stock shows that Apple (APPL) has a
neutral stock rating with a $95 price target. Brian Marshall at
American Technology Research is paying attention to the company’s
rating, and is contributing his findings to the parade of cautious
A report released by Gartner places Apple in fourth place for U.S. and
worldwide PC shipments during the fourth quarter of 2008. Apple’s
market share was at 8.0%, up from 6.7% the previous year, but down from
9.5% in the third quarter of 2008.
From its humble, wooden beginnings to today’s chrome-and-aluminum-wrapped beauties, Apple has solidified its place as the most unique company in Silicon Valley. While we applaud Apple's continued success, the selfish old-school Mac fan in us wishes that the company would stop expanding its market share. Find out why after the jump.
Apple is still pretty far behind the two leaders, though; Dell enjoys a 31.9 percent slice of the pie, and HP's chowing down another 25.3 percent. Acer, in fourth place, slipped to an 8.1 percent market share. So Apple isn't in a position to pass HP anytime too soon. (Unless everyone reading this goes and buys 100 or so new Macs. Bookmark this page; we can wait.)
But the Cupertino company is also enjoying the largest growth in shipments—Apple moved nearly 1.4 million Macs in the second quarter of 2008, which is up 38.1 percent over the same quarter in 2007. Dell's growth in the same period was 11.9 percent, and HP's just 5.6 percent. (Poor Acer's shipments were down more than 20 percent -- AppleInsider has a handy chart.) Apple is outpacing the computer market as a whole, too, which saw a 4.2 percent boost over last year.