Piper Jaffray analysts remain optimistic on Apple's performance, assessing the company at 'outperform'.

Apple's shares are currently near the top of their 52-week range, at $37.53.

Piper Jaffray analyst Gene Munster predicts that Apple will see its share of the market grow more than expected over the next couple of years, driven by iPod and HP iPod sales, which will likely generate Mac sales too.

The analyst believes that Apple's Mac sales have met expectations in the quarter, and demand remains strong.