Piper Jaffray expects Apple to ship 35 milllion iPods by end of 2005

Research firm Piper Jaffray today stated that “guidance for the September quarter will be the critical component of [Apple’s fiscal third-quarter earnings] report. Optimism from Apple specialist resellers and Apple retail stores related to a strong seasonal benefit from back-to-school leads us to believe September quarter guidance will be slightly above consensus of 33 cents on $3.58 billion,'” Forbes reports.

“The research firm maintained a price target of $52 on Apple shares, noting that iPod sales while seen as critical for the company, is not the only avenue of growth. ‘Indirectly, we expect iPod to continue to be a foundation for growth in other parts of Apple’s business, and we expect that by the end of calendar 2005 more than 35 million iPods will have shipped, providing Apple with a greater scope of awareness for various products,’ it said. ‘It appears that this phenomenon has begun to take effect, with 1.07 million Macs shipped in the March quarter and indications of strong Mac sales for the June quarter from both the channel and NPD data,'” Forbes reports.

Apple reports fiscal third-quarter earnings on July 13.

Full article here.

MacDailyNews Take: What’s that add up to, about 35 million non-Napster, non-Real Rhapsody, non-WMA online music store customers by the end of 2005?

Related MacDailyNews articles:
Analysts expect Apple to post $3.33 billion in revenue for Q3-2005 on July 13 – July 07, 2005
Merrill Lynch: Mac sales ‘appear robust,’ expects futher evidence of ‘iPod Halo Effect’ – July 07, 2005
BofA raises Apple earnings estimates, forecasts 5.4 million iPods, 28-percent Mac growth for quarter – July 07, 2005
TheStreet.com dubiously concludes that iPod demand has slowed, could impact Apple earnings – July 06, 2005
J.P. Morgan raises Apple estimates based on ‘more optimistic’ Mac shipments – July 05, 2005
First Albany raises Apple earnings, sales, iPod forecasts, cuts Mac mini forecast – July 05, 2005
Apple to webcast third quarter 2005 financial results conference call on July 13 – July 05, 2005


  1. Haven’t PJ said this before?

    I distinctly remember reading the 35 million figure a couple of weeks ago, or was that BoA or CSFB.

    In other words, could these guys have an original thought between them or should they be working for MSFT.

  2. Not that I exactly want to defend analysts, but assuming that they’re doing their own separate homework, we want them to have similar, if not identical numbers. They are, afterall, taking basically the same things into consideration we would hope. If their numbers are alike, then we can hope they are reliable (reproducable and believable). If one proves to be better than another, they’re reputation and their analyses will filter out to the rest, making such predictions better overall.

    Could you imagine the chaos for investors if numbers varied so much that you had no idea what to believe?

    On a personal note though– I know what you mean. The reports of similar info seems silly and is a bit annoying. Thing is, I guess– people have their favorites for where they get their info. This is the barber or bartender who hears all and offers advise on a grander scale.

  3. I wonder how many of those 35Mill are owners of more than 1 iPod device?
    I own 3: 1st Gen, 4th Gen, and a Shuffle. Still have all three. My 1st Gen still works perfectly and I won’t part with it.

  4. “What’s that add up to, about 35 million non-Napster, non-Real Rhapsody, non-WMA online music store customers by the end of 2005?”
    A minor point, but “35 million iPods” ≠ “35 million customers”. I have four iPods, and I’m not alone. Lots of iPod customers, especially early adopters, have upgraded to newer models, and I’m sure that a lot of the shuffle sales have been to existing customers who wanted an option for use during sports.

    But sticking to the big picture, 35 million iPod sales is great news for Apple! Sure to make Bill “Blogcast” Gates reach for the Pepto-Bismol.

  5. Rats, Steev beat me to it. Have any of those analysts looked into this, i.e., repeat business vs. single sales? That would be more useful than a lot of their hot air.

  6. “why did you get a 4G ipod if your 1G works fine and you obviosly dont want to sell it?”

    Maybe they needed more than 5 GB of storage.


    “Does anyone know how many songs has napster/real/etc sold to date?”

    17 1/2 – collectively.

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