Morgan Stanley has predicted a surge for Apple in the PC market as a result of strong growing iPod accessory industry.
The analyst firm raised its estimate to $60 today on account of apparent proof of continued influence from the iPod halo factor.
An analyst claimed: "Users of iPods had a 19 per cent PC to Macintosh platform conversion rate compared with a street expectation of ten per cent.
"This implies two points of global PC market share gain for Apple in 2005 to five per cent from three per cent."
Jupiter Research analyst Michael Gartenberg explained to MacCentral: "The luster that the brand currently has because of sales of the iPod combined with what is perceived as a very affordable product and carrying the prestige of the Apple brand is definitely going to help them."
iPod sales helped revise estimated revenues for Apple to $16.942 billion for 2005 with 2006 earnings revised at $25.657 billion.
Leave a comment