Apple (AAPL) Could Miss MacBook Shipment Goal in FY12
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Price: $315.32 -0.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
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Apple (Nasdaq: AAPL) shares are under some pressure today amid another Obama victory. New data out of DigiTimes is also not helping the stock out much.
According to the website, Apple's target growth of 30 percent in MacBook shipments is unlikely to be met in 2012. Apple set the mark in early 2012 and shipments of 12.824 million MacBooks in FY12 meant about 16.67 million needed to be shipped this year.
However, DigiTimes notes that only 9.783 million have been shipped through the third-quarter of 2012. That means about 6.9 million would need to be shipped in the fourth-quarter 2012 for Apple to meet its goal. Taking data from Taiwan-based Apple suppliers, DigiTimes says the latest estimates from Apple only account for about 4 million MacBook orders in the quarter, putting Apple at 13.783 million for the year, and missing its mark.
Investors will be able to find out the reality in late January, when Apple releases fiscal first-quarter 2013 numbers, which will also include a better reading of iPhone 5 shipments in the quarter.
Shares are down about 3.6 percent Wednesday.
According to the website, Apple's target growth of 30 percent in MacBook shipments is unlikely to be met in 2012. Apple set the mark in early 2012 and shipments of 12.824 million MacBooks in FY12 meant about 16.67 million needed to be shipped this year.
However, DigiTimes notes that only 9.783 million have been shipped through the third-quarter of 2012. That means about 6.9 million would need to be shipped in the fourth-quarter 2012 for Apple to meet its goal. Taking data from Taiwan-based Apple suppliers, DigiTimes says the latest estimates from Apple only account for about 4 million MacBook orders in the quarter, putting Apple at 13.783 million for the year, and missing its mark.
Investors will be able to find out the reality in late January, when Apple releases fiscal first-quarter 2013 numbers, which will also include a better reading of iPhone 5 shipments in the quarter.
Shares are down about 3.6 percent Wednesday.
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