20th
May
2008
Mac Sales Up 50 Percent in April
In the month of April, Mac sales surged another 50 percent year over year. This was a huge leap compared to the broader market growth of about 17 percent year over year. Lehman Bros. forwarded analysis that points to Apple Inc.’s revenue growth at 46 percent. Alongside these staggering numbers was an impressive 15 percent leap in sales of iPod music players.
Shares of Apple (AAPL) closed up more than $2 to 185.90 during market hours. Third quarter earnings are due out July 22nd, 2008. Average estimates point to a $1.08 quarter in earnings.
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