The Gift-Giving Season
Looking at stronger sections of the economy, it's time to start seriously thinking about Christmas and Hanukah and the joys of the gift-giving season. There should be zero doubt that Apple (AAPL) products will be at the top of virtually everyone's list, including kids, teens, twenty-somethings and even grown-ups. Analysts' channel checks show that the recent iPod refresh and iPhone price cut has invigorated sales both at Apple stores and at partners such as Best Buy (BBY). What's more important, though, is that Mac sales are off the charts. We know that not just from Apple figures but also by looking at its partners. Hard drive makers Seagate (STX) and Western Digital (WDC) have both lifted their forecast for the September quarter. You should also know that Best Buy has quietly become a Mac reseller in recent months and the new aluminum-cased iMacs are selling extremely well.
