On Wall Street, Apple Makes for Some Disbelievers
What effect the transition announcement will have on Mac sales "is a difficult question to answer," said Cook. "We have only limited data at this point."
Indeed, the data from the just-completed quarter was largely positive for the company from the Mac standpoint. Unit sales of Apple's PowerMac, iMac and other desktop lines grew 65% over the same quarter last year to 687,000. Meanwhile, revenue from those sales grew 49% over the same time period to $845 million.
Sales of the company's portable computers grew at a much slower pace, rising just 3% to $720 million year over year. Still, the 495,000 notebook computers the company shipped in the quarter represented a new quarterly record, company officials said.
The robust overall performance of Apple's computer sales likely will be cheered by investors. Many have been
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