Technology

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

Apple's Mac Shows Muscle

10/01/07 - 01:46 PM EDT

Daniel Del'Re

SAN FRANCISCO -- Apple's(AAPL - Cramer's Take - Stockpickr) Mac operating system continues to win over a growing number of computer users and chip away at the dominant lead of Microsoft (MSFT - Cramer's Take - Stockpickr) Windows.

Data tracker Net Applications said Monday that Apple's global share of the personal computer market rose to 6.6% in September, up from 4.7% in the same month last year, and higher than 6.15% in August.

Net Applications attributes the gains to Apple's use of faster Intel (INTC - Cramer's Take - Stockpickr) processors in its Mac. Intel-based Macs began shipping in January 2006.

The increase in market share showcases Apple's growing appeal to consumers outside its traditional niche audience of Mac enthusiasts, graphic artists and educational professionals. In addition to the use of Intel processors, analysts and investors say the company's wildly popular iPod has brought more attention to its computers -- the so-called halo effect -- helping it capture a greater share of the mainstream market.

Microsoft's Windows operating system still commands the vast majority of the computer market. But its total market share fell to 91% in September from 94% a year earlier. Vista, the latest version of Windows, held about 7.4% of the market in September.

Investors expect Apple to notch further market share gains after it releases its Leopard operating system in October. The company demonstrated a preliminary version of Leopard in June, highlighting features to help users organize email and desktop applications and run Microsoft applications.

Previous «
1 2

Previous Story

Apple Loses Top Lawyer

Headlines & Perspectives

Technology

Go To Section Home

Next Story

IBM Hits New High


09/28/07
Apple Loses Top Lawyer

The company hires Daniel Cooperman from Oracle.


09/25/07
Amazon Takes Aim at Apple

The online retailer begins its assault on the iTunes empire.


09/24/07
Apple Warns iPhone Hackers of Dangers

The device can become inoperable.


09/24/07
Cramer: Apple, RIMM in for a Sweet Ride

Revisiting his four horsemen of tech, Jim Cramer says Apple's headed for a great quarter and that BlackBerry's trouncing Treo.


09/24/07
Apple Learning to Foil iPod Smashers

Contributor Paul Kedrosky says it's getting harder to identify the bit parts inside Apple's hot gadgets.


09/19/07
Apple Boosts Profit Push

The company is lifting margins with its iPhone and revamped iPod line.


08/05/08
Three Internet Stocks That Could Double

These forgotten Internet stocks are being accumulated by hedge funds.


08/15/08
The Five Dumbest Things on Wall Street

Raspberries for Apple; You'll be sorry, UBS; Fortress or Fort Knox? Wholly unappetizing Foods; give Liberty AOL or give them...


08/15/08
McCain Fund-Raising Picks Up

The GOP presidential candidate raised $27 million in July.


08/15/08
Cash-Back Cards Aren't Money in the Bank

Some credit and debit cards give you some cash back on purchases. But you need to manage it well to benefit from it.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!