Should Slow Mac Sales Worry Apple Investors?

The software giant has been experiencing slower PC sales but analysts believe that is mainly because of the recent strength that the dollar has been showing

Apple Inc is believed to be experiencing some low figures as far as the sales of the Mac laptops and computers are concerned. The software giant will be reporting its sales for the quarter by the end of October and analysts are of the opinion that by the time the changes are announced, it is possible that the investors in the company turn out to be a little over to the disappointed side. As per records shown by equity firm IDC, it was seen that the delivery shipments of the Mac experienced a massive dip coming around at 3.4 percent. However, analysts at Gartner reported a lesser fall which was not down at 1.5 percent. Both these estimates could turn out to closer to the actual number that is going to be reported by the giant in a couple of weeks.

The slower growth in the shipments made for Apple Mac was mostly carried out due to the overall downgrade that was witnessed in the PC market all over the globe, and reports suggest that Apple business is not the only company to be going through the dip. Reports by the firms covering the stock of the giant also show that the downfall in the worldwide PC shipment came out to be around 10.8 percent, which has made the analysts still less bearish about the PC future of the Californian Company as compared to the others in the industry.

Another major factor that led to the drop in shipments was caused by the change in currency throughout the globe, as some changes occurred which led to the rise in the value of the dollar. In the second quarter of the year, the change in the dollar did not affect the demand much but since the value of the currency continued to increase even in the third quarter, this has majorly turned the demand of the PCs down which will be shown in the upcoming earnings report coming from the software giant. Furthermore, for all the software and tech companies who have or have not been selling PCs, the strength of the dollar has made negative effects too hard to ignore.

However, analysts still seem to be a little optimistic about the future of Apple stock, as it is believed by them the consumers at large are still looking towards buying PCs, rather than tablets. As per a research, that was carried out by analysts at Gartner. Around 50 percent opted to buy PCs while only 21 percent customers said they wanted tablets.