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Analyst expects iPod sales to beat street estimates

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By LC Angell

Contributing Editor
Published: Thursday, April 6, 2006
News Categories: iPod

Bear Sterns analyst Andrew Neff said today that he expects second quarter iPod sales to exceed Wall Street estimates. Citing checks with suppliers and continuing strong end demand, Neff said he believes Apple will ship 10.5 million iPods during the quarter, compared to consensus estimates of 8.5 to 9.5 million units. The analyst also reiterated his outperform rating on Apple shares.

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Doesn’t surprise me.

Posted by Andipod on April 9, 2006 at 3:38 PM (PDT)

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