“Apple could sell more than 10 million iPods during the three month period ending in December, says UBS Investment Research,” Apple Insider reports. “UBS had been modeling Apple to sell 8.3 million iPods in the December quarter, but recently met with industry sources in Asia who said those estimates may prove to be conservative… Analyst Ben Reitzes… also believes Apple may produce a new hard disk drive (HDD)-based iPod before the end of the year. ‘Our checks back recent reports that a handheld device capable of video playback could be in the works,’ the analyst said. ‘We would expect possible new devices to be HDD-based and look a bit like a larger white iPod with a bigger color screen.'”
Apple Insider reports,”UBS also said it sees momentum building for Apple’s portables and iMacs: ‘Our checks in Asia back this view, implying that sales of portables for Apple (particularly iBooks) are solid, which could make our estimates for overall Mac growth of 41% in 4Q05 and 28% in 1Q06 look conservative,’ the firm said.”
Full article here.
Last Monday, Citigroup Analyst Richard Gardner predicted 10 million iPod nano units alone would sell in 2005, as he wrote in a note to clients, “Supply chain checks suggest that Apple should be able be to produce 10 million iPod nanos before the end of the calendar year, and given the strong initial customer reception to the product, we think these units will sell through.”
Advertisement: Apple iPod nano. 1,000 songs. Impossibly small. From $199. Free shipping.
Related articles:
Citigroup raises Apple Computer share price target, expects 10 million iPod nanos sold in 2005 – September 26, 2005
UBS raises target price on Apple Computer, says iPod nano could be ‘key product’ into 2006 – September 26, 2005
Apple Computer shares hit all-time high, top $54 in early trading – September 26, 2005
Bear Stearns: ‘We see Apple making further PC share gains,’ raises price target to $58 – September 23, 2005
CSFB: Apple Computer is top pick in PC hardware sector – September 22, 2005
Banc of America reiterates ‘buy’ rating on Apple, raises target price and EPS estimates – September 22, 2005
Deutsche Bank predicts Apple will sell 43 million iPods in 2006 – September 21, 2005
Apple shares up strongly, hit new all-time high on report of better than expected Mac sales – September 20, 2005
Morgan Stanley sets price target of $60 for Apple, AC Research reiterates ‘accumulate’ rating – September 09, 2005
Apple Computer shares hit all-time high, top $50 in early trading; analysts up target prices – September 08, 2005
Apple continues to grow worldwide Macintosh market share – July 25, 2005
Gartner: Apple grows shipments 31 percent in Q2 2005, moves from 5th to 4th in U.S. market share – July 18, 2005
IDC: Apple gains U.S. market share at double overall market rate, up to 4.5 percent for Q2 2005 – July 18, 2005