“Apple Computer’s new iPod Hi-Fi audio system as well as its lower-end iPod digital music players are selling well enough for one analyst to increase his estimates for the company’s current fiscal quarter, which ends in March. ‘Recently, there has been renewed speculation regarding iPod production and demand,’ Shaw Wu, an analyst for American Technology Research wrote in a research note to clients on Friday. ‘We wanted to offer insight from our proprietary checks with industry and channel sources, but also some perspective on high consensus estimates that remain well above Apple’s guidance,'” Katie Marsal reports for AppleInsider.
“The analyst says demand for iPods is coming in ahead of his firm’s previous expectations, with iPod shuffles and 1GB nanos generating incremental demand, particularly in non-Apple channels. Additionally, Wu said checks indicate that the new iPod Hi-Fi audio system is seeing strong initial sales and fifth-generation video iPods also continue to sell well above seasonal trends, down only modestly from the December holiday quarter,” Marsal reports.
More in the full article here.
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