“Analysts for UBS Investment Research this week emphasized confidence in Apple’s long term strategy and updated their predictions on forthcoming products to include the possibility of a 1GB iPod nano digital music player,” Prince McLean reports for AppleInsider. “‘While we believe there are some near-term risks to earnings upside due to the transition to Intel processors in the first half calendar 2006, we believe several fundamental positives position Apple for continued growth and share price appreciation over the long-term,’ analyst Ben Reitzes wrote in a research note on Monday. ‘We are still confident in Apple’s product road map – including potential for new iBooks by April in time for the June quarter, a potential ‘media hub’ product (and more services), new iPods into year-end (including a new media player) and even a new cell phone within a year.’”
“The analyst also predicts Apple to sell as many as 1 million iPod Radio accessories and says the company appears to be ‘getting set to ‘end of life’ the [iPod] shuffle possibly in favor of a 1GB version of the nano,’” McLean reports. ‘Reiztes notes that Apple is completely sold out of its iPod Radio accessory, which has been extremely popular with consumers… UBS Investment Research maintains a ‘Buy’ rating on Apple with a price target of $100.”
Full article which includes analysis of Mac sales based on the Intel transistion here.
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