Apple’s market share of PCs over $1,000 hits 66%
apple20.blogs.fortune.cnn.com
apple20.blogs.fortune.cnn.com
When I first saw the title, this is the first thing that crossed my mind. Apple seems to be in the business of selling expensive computers. I'm not saying this makes their growing market share less valuable, just that it's less of a win then it might seem at face value.
Plus, like others have mentioned, this is only for B&M stores.
My point was that the overall growing on their market is definitely valuable to Apple, and the fact that they are in the market of selling expensive computers doesn't influence that value. However, it does reduce the value of using the a larger dollar value as a criteria for determining market share. If the overall market for computers greater than $1000 is shrinking, then selling more in that market is not as valuable as it was may have been.
My tendency to use "it" in bad places really gets on my nerves sometimes.
The 66% would not hold if internet or corporate sales are included. Therefore your title exaggerates apples market share in computers over 1,000 by at least 2x, possibly more (I don't know the exact numbers.)
But, I suppose it is interesting that Apple stores are an effective vehicle for selling expensive computers. It seems kinda like a Mercedes dealership in that sense...make the process of buying the computer (or car) an experience rather than just handing over the credit card and walking out with a box filled with more crap to put in your house.
The most common reason I hear for people not buying Macs is not having over $1000 to spend on a computer.
The high end share for Apple is growing rapidly, especially in the consumer market. Considering that the business market is arguably even more price sensitive (no citations, but I believe I've read this various places, citations to the contrary welcome), Apple is siphoning off the most profitable segment of customers, leaving HP, Dell, and the other PC players to fight over the segments with razor thin margins.
I'd rather be holding AAPL, which I am :). Just a few remaining shares, but I'm not going to swap them for Dell or HP anytime soon.
It also means that most people who are desirable customers (spend over 1,000) who buy for themselves and look at a product first pick apple. Thats huge. Which means apple had won the hearts and minds battle and just has to wait for these effects to trickle through the high end market.
Another aspect of that is that most of those sales were through Apple's own retail stores -- which other PC manufacturers have consistently failed to succeed with. Again they're succeeding by not playing their own game.
(I find it strange that so many people devote energy to thinking about what the numbers don't mean rather than thinking about what they do mean.)
I think it's just a general aversion to the practice of cherry-picking criteria to post bigger numbers.