Mac sales grow 7% as Apple projected to sell 2.8M in quarter
Based on new sales figures from NPD Market Research, Apple is expected to slightly exceed Wall Street's consensus on Mac sales for the September quarter.
In a new note to investors, Gene Munster, senior research analyst with PiperJaffray, said that NPD data for the July and August shows Mac sales up 7 percent year-over-year. This as investors are looking for about a 5 percent improvement.
If the trends shown in the NPD numbers hold, Apple would sell between 2.75 million and 2.8 million Macs in the quarter, about even with Wall Street consensus of 2.75 million. But Munster predicts the numbers will skew higher than expected.
