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Goldman doubles iPod shuffle unit estimate, sees HP decline
Goldman Sachs has doubled its estimate for the number of iPod shuffles it expects Apple to sell this quarter to 1.8 million units. In a research note, the firm told clients that “with competition unlikely to come from ‘me too’ MP3 players, it will probably take something like Sony’s PlayStation portable to pose a challenge to iPod long term.”
Goldman also said that Hewlett-Packard may be the “odd man out” unless it makes “substantial changes” in its relationship with Apple. “HP’s iPod sales are likely to decline markedly over the next few quarters unless HP is able to bring out new iPod models in a more timely manner,” it said. “We estimate that HP could drop from about 7% of Apple’s total iPod shipments in the December quarter to 2% to 3% of hard drive-based iPods in the March quarter (and an even smaller amount if you include Apple’s flash-based iPod shuffle shipments).”
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1
What % of the market finds a bulky PSP to be a suitable replacement for a tiny music player? They’re not in the same market.
Posted by Nagromme on March 17, 2005 at 12:38 PM (PDT)
2
Here we go again with the “Apples to Oranges” debate! When will these guys quit?!?
An iPod is an iPod! A PSP is a PSP! One is a DAP. The other is a Portable Videogame System (with minor music playback)! There’s no comparison or direct competition to one another!
People like the iPod. People like the PSP. And if they like them enough, they’ll buy BOTH! That’s what I plan on doing eventually and I’m SURE I’m not the only one that will own both devices.
When will these people learn?!?
Posted by FallN in New York, NY on March 18, 2005 at 12:37 AM (PDT)