updated 10:15 am EST, Tue March 8, 2005
Apple demand strong
Research firm Piper Jaffray says that although "significant emphasis is being placed by the Street on March Quarter iPod unit estimates ... our focus is on the overall business." The firm says that its checks of 20 Apple specialist resellers and 30 Apple retail stores "left us more confident that demand for Apple's key products (most notably iMac, Powerbook, Mac mini and various versions of the iPod) continue to be ahead of expectations (exception is Power Mac)." Additionally, Piper Jaffray says it believes "true demand for the iPod shuffle and Mac mini will not be visible in the March quarter ... more importantly, we believe supply constraints on new products will ease in the June quarter." Moreover, "Apple Specialist Resellers are more optimistic than we have heard them in the last 3 quarters ... they expect the quarter to be at or above plan."