Analyst expects iPod sales to beat street estimates

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.