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Piper Jaffray analyst ups iPod units sales estimates for quarter

Tuesday, March 18, 2008 · 12:18 am · 6 Comments

“Piper Jaffray’s Gene Munster says that the latest NPD data suggests the company will sell 9.7 million to 10.5 million iPods in the March quarter,” Eric Savitz blogs for Fortune.

“That is higher than his estimate a month ago of 9.5 million to 10.3 million, although Munster says the new range is below the Street consensus of 10.8 million, and his own current estimate of 11.3 million,” Savitz reports.

“Munster maintains his Buy rating and $250 price target on the stock,” Savitz reports.

Full article here.

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Comment Feed

6 Comments

Spark

Tuesday, March 18, 2008 - 12:22 am · Reply

Hmmm…higher than expected, but lower than predicted. This leaves the both the bears and bulls happy and pissed off at the same time.
Gilles

Tuesday, March 18, 2008 - 12:23 am · Reply

The iPod is “up” in more than one sense of the word.

http://spaceflight.nasa.gov/gallery/images/shuttle/sts-123/hires/iss016e032312.jpg
qka

Tuesday, March 18, 2008 - 12:57 am · Reply

@Gilles

Thanks for that! If you didn’t see it, there is an iPod (larger, hard disk model) on the “dashboard” in one of the windows to the left side.

iPods have been on a number of Shuttle flights.
Road Warrior (NLI)

Tuesday, March 18, 2008 - 7:57 am · Reply

Do they still sell the Zune?
Jay-Z

Tuesday, March 18, 2008 - 9:38 am · Reply

@ Road Warrior:

If they stopped selling it, would anybody notice?
hairytales

Tuesday, March 18, 2008 - 11:18 am · Reply

I just got a red 2 gig shuffle with my name on it all the way from Suzhou to Anchorage to Memphis to Mississaugua to Ottawa for C$75 (Apple converts its US$69 price by adding 10% to penalize Canadians, probably for the benefit of the relatively high cost Canadian retail distribution chain). This is a whopping improvement over the 1 gig version (C$55, US$49), so people like me who like the shuffle for its clip on capability will simply buy another one. Even if one already has nanos and classics, the shuffle beats them all for mobility as a music device. The unit sales for iPods have only one direction to go: up. The 2 gig shuffle will sell like hotcakes and will help raise Apple’s unit market share. If one becomes a shuffle owner, it’s likely a convert is made to the whole iPod line.