Two Wall Street analysts today lowered their iPod sales estimates for Apple’s current quarter. Merrill Lynch analyst Richard Farmer cut his iPod estimate to 8.1 million units from 9.2 million units based on historical sales data. Farmer lowered full-year sales estimates to 39.4 million from 43.4 million units. American Technology Research analyst Shaw Wu also lowered his estimates today, despite what he says is a strong reception to Apple’s recent back-to-school Mac-iPod promotion. Wu slightly reduced his iPod unit forecast to 8.3 million from 8.5 million. “We are seeing weaker iPod nano shipments (we believe in part due to Apple consciously drawing down inventory) offset by strength in vPods and iPod shuffle,” Wu said. “We continue to believe the iPod nano is in need of a refresh and will likely see one in the September quarter.”
Latest News
- Go Hands-Free in Style with the Tryone Gooseneck iPad Stand, Now Only $17
- Apple discontinues Mac ‘Magic’ accessories in space grey color
- VR enthusiast forecasts Apple glass applications
- Twitter Blue subscription service has an undo feature
- Stand and Mobilize Your Workstation Easily with the Mobili Sit to Stand Laptop Cart, Now Only $67
- Apple Stores retain mask mandate
- Tim Cook Scholarship awards Robertsdale students
- Apple launches ASL-Presented today at Apple virtual sessions
- Guided by Glow App Review
- Unity expects to lose $30 million in ad revenue due to Apple’s anti tracking feature