toggle

AAPL Stock: 130.28 ( + 0.61 )

Printed from http://www.macnn.com

iTunes run rate at 5.5 million songs per week

updated 12:40 pm EST, Fri December 17, 2004

iTunes run rate at 5.5 mil

Research firm Piper Jaffray on Friday said an update on iTunes downloads provided yesterday by Apple points to a . "Piper Jaffray said that based on Apple's iTunes update Thursday, the weekly iTunes run rate is about 5.5 million songs per week, up from 3.5 million to 4.0 million in the fiscal fourth quarter ended September. The research firm raised its fiscal first-quarter iTunes download estimate to 68.5 million from 52.1 million and that downloads could reach 474 million in calendar 2005, compared with Piper Jaffray's current estimate for 256 million." Piper Jaffray maintained an "outperform" rating on Apple with a $100 price target.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Comments are closed.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Brother HL-3140CW Color Laser Printer

It's inevitable, at some point somebody needs a hardcopy of a document. Paper never runs out of battery charge, after all. Our Mom, j ...

Linksys WRT1200AC Wi-Fi Router

Once upon a time, a brand-new Linksys router showed up on our doorstep. So we gathered some network-minded friends together, and hooke ...

Rapoo A300 Mini Bluetooth NFC Speaker

The Rapoo Bluetooth Mini NFC Speaker is a little metallic box about the size of a baseball. In spite of its small size, we were very p ...

toggle

Most Commented