CSFB: Apple iPod Hi-Fi a harbinger of things to come
Thursday, March 02, 2006 - 10:06 AM EDT"Credit Suisse maintained an 'outperform' rating on Apple Computer on the heels of the company's new product announcements [iPod Hi-Fi, Mac mini]," Peter Kang reports for Forbes. "The Hi-Fi, with a price tag of $349, is more expensive compared with third-party iPod accessories items made by Bose, JBL and Altec Lansing, the analyst said. 'We expect Hi-Fi to be successful, but do not believe it will be a blockbuster product as its functionality is very similar to that of the Bose, which is still recognized as a leader in acoustics.' Despite Semple's tempered expectations for the Hi-Fi, the research analyst said the product launch is a harbinger of things to come and expects Apple to roll out more peripheral products."
Kang reports, "The analyst has a $90 price target on Apple. 'Fundamentals at Apple remain very strong despite potential x86 transition issues and iPod seasonality in the March quarter,' said Semple."
Full article here.
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Related article:
Apple iPod Hi-Fi photos from all angles - March 01, 2006
Apple on the living room attack; Sonos CEO: 'the shot heard round the world for home-audio business' - March 01, 2006
Videos of Steve Jobs introducing Mac mini, iPod Hi-Fi - March 01, 2006
Apple debuts iPod Hi-Fi speaker system, leather cases for 5G iPod, iPod nano - February 28, 2006

comparable to a $1000 system, but who really cares about details like that
(sarcasm)