Douglas A. McIntyre, in an oddly typo-ridden piece regarding Apple’s quarterly results:
Most analysts thought that the good news out of Apple was that Mac sales were up 51% to 2,289,000. Nothing could be further from the truth.
It is very difficult to suss any sense out of his argument, but it seems to be that 51 percent year-over-year growth in Mac unit sales (and 54 percent revenue growth) is bad news because they can’t grow any more because corporations still aren’t buying them in bulk.
The Mac has hit its glass ceiling. Apple investors may be hoping that the machine can make it out of the consumer market to keep the rapid growth going, but that is not in the cards.
★ Thursday, 24 April 2008