toggle

AAPL Stock: 113.29 ( + 0.37 )

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

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented