Two bites at the Apple
For Mac lovers, as well as iPods owners, it may make them choke on that tasty bit of Apple news that surfaced the day before.
Wall Street analyst Charlie Wolf of Needham & Co. upgraded his recommendation on Apple to a "buy" from a "hold," based on the results of a consumer survey that indicated a sizable number of U.S. Windows home users would be willing to switch to a Mac, if it could also run Windows.
The survey found that 8 percent of Windows owners would be willing to make the switch. This increase would nearly triple Apple's share of the U.S. home market and increase its slice of the worldwide market by 75 percent, according to Wolf??s report.
Investors pushed Apple's shares up a couple points Tuesday, despite an overall down market.
Apple is currently beta testing its Boot Camp software, which may prompt this group into action. Boot Camp is designed to allow Mac users to boot up to either Windows XP or Mac OS X.
But this latest news may leave a bad taste for some investors, who have previously applauded the affect of Apple's iPod on the company??s financial results.
Shares of Apple were down in early morning trading by 87 cents, or about 1.49 percent, to $57.46. The broader markets, however, were slightly up.
Dawn Kawamoto covers enterprise security and financial news relating to technology for CNET News. E-mail Dawn.
