Investors should be seriously looking at putting more money into Apple (s aapl) stock, says one industry analyst. Robert Cihra of Caris & Company is predicting that Mac market share will grow by 26 percent in 2010, compared to only a 16 percent expansion in the general computing industry.
Cihra predicts in a new research report (PDF download, requires registration) that Apple will have a 4 percent overall market share in the year 2010, which is actually around what it has now, according to numbers released in September. Apple’s pricing and profit model, however, give it a 10 percent share of worldwide revenue. Despite not seeing growth in terms of overall market share, Cihra still thinks Apple is the best stock available in the personal computing market. Read More about Big Gains Predicted for Apple Market Share in 2010