Apple expected to sell 1.2 million iPod shuffles this quarter

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Apple expected to sell 1.2 million iPod shuffles this quarter

Noting that demand for the iPod shuffle “is significantly stronger than we anticipated,” Banc of America today raised sales estimates for the low-cost music player. The firm raised the unit sales estimate for the iPod shuffle to 1.2 million units for the current quarter ending in March from 700,000, although “our sense is actual results could be higher.” 2005 estimates have been raised from 4.4 million to 5 million units. Merrill Lynch analyst Steven Milunovich said earlier this week that he expects Apple to ship 1 million iPod shuffles.

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