Despite lowering its unit-shipment growth forecasts due to caution about the PC market in 2005, Morgan Stanley has suggested that Apple stands the best chances of gaining market share in 2005.

Morgan Stanley analyst Rebecca Runkle said: "Apple should continue to benefit from the momentum of the iPod and its recent new iMac release."

Runkle has lowered PC unit-shipment growth forecasts from 11 per cent in 2004 to 9 per cent for 2005 She says the reason for the predicted decline is "better than expected performance in the PC market in 2004, as well as signs of a slowdown in the market late in the year."

A CBS MarketWatch report indicates that a "meaningful acceleration" in the enterprise business sector would be needed for the overall PC market to post a year of double-digit growth in 2005.

Earlier this week Gartner predicted that slower growth and reduced profits will squeeze three of the top ten personal computer manufacturers out of the market by 2007.