Apple's Earnings
The below is a portion of an article from CNN.com. The remainder of the article can be found here: http://money.cnn.com/2005/10/10/technology/apple_preview/index.htm
iPods still white hot
In addition to looking at how PC sales fared during the critical back-to-school season, analysts will also be paying close attention to iPod sales.
UBS analyst Benjamin Reitzes and his team estimate Apple shipped 6.75 million iPods in the fourth quarter. They based these projections on an estimated 10 percent growth in iPod sales from quarter to quarter and on solid shipments of both the iPod mini and its successor, the nano.
"Our checks indicate a very solid possible build plan ... that could top 10 million nanos (in the current quarter) alone," the analysts wrote. Through its innovative design, competitive pricing, and a knack for figuring out what it would take to get consumers to adopt digital music, Apple has crushed competitors. The question some are asking is when the iPod juggernaut will finally slow down, and what that will mean for Apple.
"There's a sense the iPod market is in full flood and not going to be much bigger than it is, (and that) we're at peak growth right now," said Roger Kay of Endpoint Technologies Associates, a market research firm.
But Michael Gartenberg, an analyst at market research firm Jupiter, said that the iPod may have caught on in urban areas, but it's far too early to call a time of death on its growth prospects.
"If you live in New York City, it's like one big Apple commercial," he said of Apple's dominance in the portable MP3 player market. "But if you're not in New York or San Francisco, you don't see this same level of technology penetration. Right now the market is Apple's."
And one more thing...
It's a news-heavy week for Apple. Interestingly, the company has chosen the day after its earnings report to make an announcement that it won't talk about but what many expect will be a video-enabled iPod, upgrades to its Power Mac and Power Book lines, or both.
Either way, Apple watchers note that trying to predict what Jobs is going to do next can be an object lesson in how to look foolish.
"When Steve Jobs says 'one more thing', that's usually pretty big; it's probably going to be an event of some significance," said Jupiter's Gartenberg.
Reitzes at UBS said that while Wednesday's event may not launch the video iPod, his firm believes one is in the works, along with changes to Apple's iTunes software that will enable users to download related content.
Reitzes added that he and his team believe Apple may be planning a Tivo-like product and service that could eventually serve as a home media hub. - http://money.cnn.com/2005/10/10/technology/apple_preview/index.htm
iPods still white hot
In addition to looking at how PC sales fared during the critical back-to-school season, analysts will also be paying close attention to iPod sales.
UBS analyst Benjamin Reitzes and his team estimate Apple shipped 6.75 million iPods in the fourth quarter. They based these projections on an estimated 10 percent growth in iPod sales from quarter to quarter and on solid shipments of both the iPod mini and its successor, the nano.
"Our checks indicate a very solid possible build plan ... that could top 10 million nanos (in the current quarter) alone," the analysts wrote. Through its innovative design, competitive pricing, and a knack for figuring out what it would take to get consumers to adopt digital music, Apple has crushed competitors. The question some are asking is when the iPod juggernaut will finally slow down, and what that will mean for Apple.
"There's a sense the iPod market is in full flood and not going to be much bigger than it is, (and that) we're at peak growth right now," said Roger Kay of Endpoint Technologies Associates, a market research firm.
But Michael Gartenberg, an analyst at market research firm Jupiter, said that the iPod may have caught on in urban areas, but it's far too early to call a time of death on its growth prospects.
"If you live in New York City, it's like one big Apple commercial," he said of Apple's dominance in the portable MP3 player market. "But if you're not in New York or San Francisco, you don't see this same level of technology penetration. Right now the market is Apple's."
And one more thing...
It's a news-heavy week for Apple. Interestingly, the company has chosen the day after its earnings report to make an announcement that it won't talk about but what many expect will be a video-enabled iPod, upgrades to its Power Mac and Power Book lines, or both.
Either way, Apple watchers note that trying to predict what Jobs is going to do next can be an object lesson in how to look foolish.
"When Steve Jobs says 'one more thing', that's usually pretty big; it's probably going to be an event of some significance," said Jupiter's Gartenberg.
Reitzes at UBS said that while Wednesday's event may not launch the video iPod, his firm believes one is in the works, along with changes to Apple's iTunes software that will enable users to download related content.
Reitzes added that he and his team believe Apple may be planning a Tivo-like product and service that could eventually serve as a home media hub. - http://money.cnn.com/2005/10/10/technology/apple_preview/index.htm
posted by curlyhairedmegan @ 11:53 AM
1 Comments:
At 12:06 PM ,
curlyhairedmegan said...
Okay the above comment is obviously a spam comment, but due to the fact that it is a link to an epilepsy website with "epilepsy related stuff" I am leaving it up there.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home