“Although Wednesday’s iPod announcements were seen as a relative ‘non-event,’ analysts are still high on Apple stock, predicting that the hardware maker will continue to perform well in a down economy,” Neil Hughes reports for AppleInsider. “Senior Research Analyst Gene Munster said that Wednesday’s announcements were a ‘non-event,’ though he said the return of company co-founder Steve Jobs to the stage was a welcome event.”
“As for the products themselves, Munster said the iPod touch price cuts were a ‘slight disappointment,’ as was the lack of a camera on the device,” Hughes reports. “‘We were expecting a new iPod touch model with a video camera, which Apple did not announce,’ he said. ‘The lack of a camera may be due to last-minute quality issues, or it may also be a strategic decision to differentiate the nano from the touch, and the touch from the iPhone. Ultimately we see the lack of a camera in the touch as a move to push users toward the iPhone and drive purchases of multiple devices per customer by segmenting the product lines.'”
Read more in the full article here.