Nicht allzu viel, aber immerhin etwas: Apples Marktanteil bei PCs liegt bei 2 % (siehe unten, unterstrichen). Es sind aber meist Highend-Rechner mit entsprechend teuren CPUs (Apple wird bestimmt zu den besten Kunden für CORE-Prozessoren zählen). Apple könnte den Intel-Umsatz daher meiner Schätzung nach um 3 % steigern.
3 % hat Intel auch an AMD im Billigsegment verloren (wobei in diesem Segment die Marge deutlich niedriger ist). Es ist daher denkbar, dass bei den Aprilzahlen gar nicht so ein großes Minus wie befürchtet auftritt, weil die Apple-Zugewinne die AMD-Abflüsse ausgleichen.
UBS analyst offers in-depth insight into Apple, revenue potential
By Kasper Jade Published: 03:00 PM EST
In a research note released to clients on Monday, a bullish USB analyst, Ben Reitzes, said his firm believes Apple?s momentum will continue even into its ?seasonally slow? second quarter.
The analyst said that Apple is seeing a "very solid" reception to all models of the Mac mini and iPod shuffle, as well as strong sales of its new PowerBook G4 line.
According to the firms checks, Apple retail stores hold waiting lists for Mac minis that are, in many cases, at least a page long. Shipments of the new mini Mac have been selling out 'within days' of the stores receiving the product, the report says, while shuffle shipments -- in the hundreds and thousands -- are selling out within hours.
While both of these new Apple products are being met by shortages, Reitzes cites sources who indicate that these supply issues should be resolved by next month, in time for the end of Apple?s fiscal second quarter.
"We have noticed many customers opting to purchase iPod Mini?s when discovering stores are sold out of Shuffles," Reitzes wrote. He also expects the company to debut a revised iPod mini with a 5 or 6GB capacity in the 'new future.'
And while Dell and HP may be seeing consumer weakness of late, Reitzes says it does not appear that Apple is feeling any of this pressure. According to his sources, traffic at Apple's retail stores has now escalated to 'extraordinary' levels of up to 1 million visitors per week.
The firm said that Apple has put itself back on the map with the iPod, which has generated a multiplier effect that can now be leveraged by sales of the company's software products, such as the new iLife, iWork, and upcoming release of Mac OS X 10.4 "Tiger."
"We believe the next big 'multiplier' business to get attention will be Apple?s software, which posted revenue of $213 million in 1Q05 and estimated to approach $1 billion in total revenues this fiscal year."
With increasing Mac sales and an already large install base of users, the firm believes the revenue opportunity for software could be significant. "In fact, one could argue that with its new stores, an enhanced online store and broadened distribution this could be Apple?s year to see its software sales surge," Reitzes wrote. He claims that Apple needs only about 25% of its existing OS X users to upgrade to Tiger over the next few quarters to drive upside to its software segment.
Touching on the revenue possibilities of Windows converts, Reitzes said Apple only needs to convert a small portion of its Windows iPods users to Macs to enable its shares to work from there. With Apple?s share of the PC market currently at about 2%, he estimates that each gained point of market share will represents about $2 billion in incremental revenue, or well over $0.30 per share.
Given Apple's momentum, UBS raised its estimates on Apple for the tenth time since January 2004. The firm raised its fiscal second quarter estimate to $0.45 earnings per share from $0.41 based on revenue growth of 67% year-over-year to $3.19 billion. Factoring in higher sales of Macs, iPods, and peripherals, the firm also raised its fiscal year 05 estimates to $2.15 from $1.95.
The firm said it also believes that the margins on Apple?s peripherals and software are under appreciated, which could make its latest estimates appear conservative. "We also believe that Apple can benefit from enhanced distribution of iPods and Mac Minis, beginning with the potential for Wal-Mart to begin selling iPods this spring," the firm said.
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