“Apple’s new iPod shuffle, iPod nano, iPod classic, and iPod touch portable players are worthy successors of the company’s previous models, according to American Technology Research senior analyst Shaw Wu. ‘From our assessment, we find the feature sets and price points well differentiated and believe this will help minimize cannibalization among product lines and vs. iPhone.’ Wu believes the new iPod nano ‘fatboy’ could perform like last year’s re-designed iPod shuffle, which was a run-away seller. The analyst also sees a favorable trend with Apple’s $149 and $199 prices vs. the $79 iPod shuffle,” MacNN reports.
“American Technology Research still recommends purchasing Apple shares on pull-backs and expects an upside to the company’s stock price to $185 in six months to one year,” MacNN reports.
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