“From iPods to Xboxes, consumer electronics is the story of 2005. Even Grandma wants a Nano this year. ‘The most exciting change is coming from technology,’ says Jane Buckingham, president of Youth Intelligence, a New York marketing and consulting firm. ‘It’s at a price point, and user-friendly point, that people can finally access.'” Jennifer Ablan writes for Barron’s.
“Top honors in tech go to iPod inventor Apple Computer, a font of fresh and exciting products. The company’s shares have shot up more than 122% year to date, to an all-time high of 71.60, and there could be more gains in store as the iPod Nano music player and the new video iPod continue to fly off shelves. ‘The story has legs into the holidays and beyond,’ says UBS analyst Benjamin Reitzes, who projects sales of 11.3 million iPods in the current quarter,” Ablan writes.
“At 44.5 times estimated earnings, you’ll pay for Apple’s success. But you’ll probably have to pay even more next year, as the company rolls out more video content and digital-entertainment offerings. Reitzes recently revised his profit forecast for the September 2006 fiscal year to $1.85 a share from $1.78,” Ablan writes.
Full article, a free verison of the subscription-only Barron’s article referenced by us yesterday>/a>, here.
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Related articles:
Apple’s iPod Nano, video-capable iPod flying off shelves – December 04, 2005
Retailers report heavy demand for Apple iPod as holiday shopping season begins – November 28, 2005
BusinessWeek: Apple iPod a gigantic hit facing staggering demand, shortages predicted – November 22, 2005
Apple iPod demand outpacing supply? – November 01, 2005
Report: Extremely strong demand seen for Apple iPod, iPod nano, iPod shuffle units – October 31, 2005
Apple’s ‘little bar of techno-joy’ (iPod nano) selling well, seeing high demand – September 14, 2005
Steve Jobs indeed!!!!
I invented the Ipod and you all know it!
Where is my money?
leo
“But you’ll probably have to pay even more next year, as the company rolls out more video content and digital-entertainment offerings”
These folks must not live in Canada where we download our iPod video content now. Wait ’til next year? No way.
Podtropolis.com has about eighty iPod formatted feature length movie torrents listed right now as of this posting and approximately two to three new movie torrents are being added daily.
Me? I like Bits On Wheels as a torrent client.