Merrill Lynch analyst Richard Farmer today lowered his iPod shipment estimates for Apple’s March quarter from 10.1 million to 8.8 million units. Based on monthly data from NPD Techworld, Farmer said he believes that March shipment numbers, to be released on April 19, will be below both January and February figures. Farmer’s 2006 iPod estimate falls from 53 million to 47 million units. Shaw Wu of American Technology Research said he also expects Apple to report iPod sales of 8.8 million units, while Bear Sterns analyst Andrew Neff said he expects Apple to ship 10.5 million iPods during the quarter.
Merrill Lynch cuts iPod estimates
By 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.