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.
LC Angell
LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.