“Shares of Apple Computer fell over 2 percent in early morning trading after one Wall Street analyst said new versions of the company’s iPod nano and video iPod players may be delayed by a much as six months,” Katie Marsal reports for AppleInsider.
“‘We previously believed that new nanos and the widescreen video iPod could ship in Q3 and Q4, respectively,’ American Technology Research analyst Shaw Wu told clients in a research note,” Marsal reports. “‘However, we now believe that both could be delayed by a quarter or two.'”
“Wu now sees a new iPod nano [US$199 for 4GB, $249 for 8GB] arriving during the December quarter rather than the September quarter… [and] issues surrounding battery life continue to be the ‘key gating technical factor’ that could delay the launch of the much-rumored widescreen video iPod until the first half of 2007,” Marsal reports. “Wu retains a Buy rating on shares of Apple but reduced his price target from $101 to $75 to ‘reflect the equity market’s lower trading multiple.'”
More info — and what may be a “positive side effect” of a delay — in the full article here.
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these traders are taking advantage of apples quiet policy and just speculating to meet there own needs, and people actually believe this speculation, i suppose rumor sites begun all this lol, hang on, gotta go mock up a 6G ipod and email it to macdaily rumors.
You’re nuts, if you think Steve is going to let these new iPods roll out after the holiday buying season.
Okay all you stock wizards time for your daily, “Now is the time to buy Apple” whine! Oh yeah and the Bear shorts chuckle you all drop.
Bad news comes in multiples; watch for more shoes to drop with Apple.
And this analyst dropped his price target by 25 whopping percent!!!! That is huge!
Those in-line text ads have a new look and they seem to pop-up faster. Not complaining, just an observation.
But about the article, as always, time will tell.
I guess switching to Samsung from Portalplayer was not such a good idea after all. At least for Apple fans, that is.
Allow me to translate the previous poster:
AAPL : ( Apple ) Has not yet bottomed out. More downgrades may follow. :Translation: I’m short aapl. Please continue to sell it.
WFMI : (Whole Foods) Seems to have stablized after a recent decline. Long term buyers might slowly get back into it. Translation: I justed started a long position today.
SKX: ( Skechers) Has huge upside, recent sell off was uncalled for.Translation: I got in at a much higher price and I’m getting my ass handed to me.
FINL : (Finish Line) also has huge upside.Translation: see skechers
That’s why they’re pushing the computers, folks.
You can make a lot of money in the stock market by being a contrarian, doing the opposite of what the herd is doing. It just requires intelligent choices, patience, and nerves of titanium….
And why its good to have a diversified company.
Funny, Apple NEVER announced either of those products, yet now they are delayed? Stupid analysts making stuff up to move the stock around. IDIOTS.
and if apple release it earlier. people will just complain about how they just bought their iPod, and then apple releases another.
but i would still like to see the new iPods sooner rather than later.
An analyst cannot maintain credibility by giving guidance at 100 bucks and a week or two later dropping it down to 75 bucks and calling it ‘equity markets lower trading multiple’. It is absolutely unacceptable behavior.
Now never announced products are delayed. Wow. They must have a huge crystal ball. Probably stuck up their analyst.
Think about this for a minute. Apple has access to Core Duos right?
Why is there no dual Core Duo PowerMac’s? (aka Mac Pro’s)
PPC Quads are not selling because everyone is waiting, so why wait all this time?
Discount the PPC Quads and start selling Mac Pro’s, but no. Why?
Apple is adopting Cell+, you’ll see.
Good way to get a good price on Apple stock for this guy by spreading FUD out on the internet. He knows about as much as we do, NOTHING! The developer conference is in August and I would still put my money on releases of new products then which would probably include new iPods. But like I said nobody knows except Steve Jobs and the inner circle at Apple. We just have to wait and see. We could say maybe this, and maybe that all day it wouldn’t matter.
What happened to the previous poster No Kool Aid is referring to??
MikeR…you crack me up.
Check the Apple insider stock action.
See any insider buying? Nooooooo.
http://finance.yahoo.com/q/it?s=AAPL
All these ads are very annoying, until PithHelmet is updated. to work with OSX 10.4.7.
Oh, and I sold my appl stock.
everybody puts in their 2 cents, and most people do it with some kind of angry “you don’t know what you’re talking about” crap. The stock market is a guessing game at best, anyone who claims they know where a stock is going is a liar. It’s all speculation.
My speculation is this: AAPL is good for the long term. In that way of thinking I don’t get my panties in a bunch over these little things when they come around. I’m thinking that it’s gonna be a great Christmas for Apple computers.
I guess MDN didn’t like the stock pumping and pulled the previous poster. lol
Wu has had an unrealistic target price for several months. This is his big opportunity to “right” his best guess.
Wu does not really know anything about new Apple hardware. Nobody except Apple knows and they’re obviously taking their time about talking.
It’s time Steve Jobs should step in.
I’m hoping that the doom and gloomers will drop AAPL below $50. At that price, I’ll have to pick up another 1000 shares or so. As for the lower target price of $75, Wu said it is due, not to AAPL per say, but to the current market multiple which applies to all stocks. We are in a bear market, after all.
I play long term. I do not pretend that I can understand the short term wiggles in the market. Apple’s fundementals are sound. I am not about to sell now. Falling prices right now are a buying opportunity.
Analysts are like weathermen, they can be wrong more than 50% of the time and still get to keep their jobs.
One thing that is different – we know where weathermen get their info from (computer models), but we have no a clue to where Shawn Wu or his cronies get their information from – but we are just to take it as fact. Please.
Shawn is probably on full tilt with their stock buying systems gobbling up AAPL right now.
Do as I say, not as I do – this is how Wall St folk like us make bank ; )
Apple will more than likely launch the new nano at MW Paris (September) and the new iPod video in October (with a special media event), very much like last year.