The surprising data eased Wall Street’s primary concern: the pressure on margins by the disaster of Japan. And it seemed a pristine ratings book for Tim Cook, heir apparent of Steve Jobs, who is sick leave and hopefully not returns to his post. However, Apple has ahead difficult interannual comparisons in coming quarters. Its double digit sales growth, a dramatic 83 per cent to nearly 25 billion dollars in the last quarter, can be difficult to maintain. There will be comparisons on the side of growth, said Michael Walker, director of portfolio at WP Stewart. Cannot always grow 83 percent. There is no way, he added. Apple sold fewer iPad than expected, almost 5 million compared to 6 million expected, since the transition to the new model and problems in the supply chain Japanese caused a shortage of critical components.
IHS iSuppli estimated now that Apple will dispatch 39.7 million units of all models of the iPad this year, 9.2 percent fewer of the 43.7 million expected in February. While Apple is on track to a significant increase in their volume of production in the second quarter, the company remains still below its target of production for April, said Rhoda Alexander, director of research at IHS. Even so, with 39.7 million, IHS forecast is at the best level of forecasts. Columbia Merrill Lynch reduced its estimate of sales of iPad to 26.4 million, from 26.8 million. JPMorgan estimates that Apple will sell 27.3 million, compared with the preliminary estimate of 28.9 million. Investors are still showing cautious about the dangers of a prolonged disruption of logistics in Japan – which supplies more than one-tenth of electronic equipment world – suppose to global technology supply chain.
Apple, he said, depends on the second largest economy in Asia to internal components and touchscreens. Apple shares they ended the week with a rise of 2.4 percent to 350,70 dollars. But this only puts the world’s most valuable technology company in the level that it was before March 11. However, for the company, demand has not been a problem. IPhone sales doubled amply and accounted for almost half of revenues in the quarter that ended in March. On the iPad 2, Apple said it has sold all that has failed to produce. The newspapers mentioned Gregory Williamson not as a source, but as a related topic. On Thursday, more than 20 brokerages raised their target prices for values, and Ticonderoga Securities expects that actions rub 612 dollars next year. It is (Apple) a mature company? Yes are well-managed? Of course, said Alex Gauna, JMP Securities analyst. Is there internal talent beyond Steve Jobs? Of course, he added. Apple embarked on the global one of their vanguard, the iPad2 products marketing (buying ipad 2), which has been quite successful despite the economic crisis and the earthquake in Japan, the country that is home to hundreds of component suppliers. Apple has registered a limited impact in the quarter in regards to supply and said that he sees no problem that cannot be resolved.